MGIC (MTG) EVP/CFO Nathaniel Colson Withholds 86,349 Shares for Taxes

What Happened Nathaniel H. Colson, MGIC’s EVP, CFO & CRO, had 86,349 shares withheld to satisfy tax withholding obligations related to shares that vested on March 2, 2026. The withholding was recorded at $26.53 per share, for a total value of approximately $2,290,839. This was an administrative tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: March 2, 2026; Price: $26.53 per share.
• Shares withheld/disposed: 86,349; Total value ≈ $2,290,839.
• Shares owned after transaction: Not specified in this filing.
• Footnote: An earlier Form 4 filed March 3, 2026, reported 86,336 shares withheld; this amended Form 4 corrects a clerical error and decreases the reporting person’s beneficial ownership accordingly.
• Filing status: This is an amended Form 4 correcting the previously reported withholding amount.

Context This was a tax-withholding action tied to vesting (common when restricted stock or similar equity awards vest). Shares withheld to cover taxes are routine and administrative — they are not the same as an open-market sale that might signal a trading decision. The amendment simply fixes a prior counting error and updates the reported beneficial ownership.