MGIC INVESTMENT CORP·4/A

Feb 6, 6:11 PM ET

Sculley Sheryl L. 4/A

4/A · MGIC INVESTMENT CORP · Filed Feb 6, 2026

Research Summary

AI-generated summary of this filing

Updated

MGIC (MTG) Director Sheryl Sculley Receives RSU Award

What Happened

  • Sheryl L. Sculley, a director of MGIC Investment Corporation (MTG), was awarded 5,075.188 restricted stock units (RSUs) on Feb 4, 2026. These RSUs were granted under the issuer's Omnibus Incentive Plan and were awarded at no cost to the reporting person. This Form 4 is an amendment correcting an earlier reported overstatement.

Key Details

  • Transaction type: Award/Grant (code A).
  • Award amount: 5,075.188 RSUs (amended to correct an overstatement of 1.909 units in the prior filing).
  • Settlement: RSUs will be settled in shares of MGIC common stock ten business days after February 1, 2027, unless the director elected a later distribution.
  • Price: No purchase price; awards granted as compensation.
  • Shares owned after transaction: Not disclosed in this filing.
  • Timeliness: Reported on Feb 6, 2026 for a Feb 4, 2026 grant (filed promptly).
  • Relevant plans: Awarded under the Omnibus Incentive Plan; the reporting person also participates in the Deferred Compensation Plan for Non-Employee Directors (which involves share-unit mechanics and potential cash settlement for deferred units).

Context

  • RSU awards are compensation, not open-market purchases or sales, and represent a future entitlement to company shares (or cash if deferred). Such awards are routine for directors and do not by themselves indicate buy/sell intent in the market.

Insider Transaction Report

Form 4/AAmended
Period: 2026-02-04
Transactions
  • Award

    Common Stock

    [F1][F2][F3]
    2026-02-04+5,075.18834,891.995 total
Holdings
  • Share Units

    [F4][F5][F6][F7]
    Common Stock (19,526.794 underlying)
    19,526.794
Footnotes (7)
  • [F1]These Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2027, unless a qualified election for a later distribution was made by the reporting person.
  • [F2]Due to administrative error, the number of share units reported as acquired on February 4, 2026 was overstated by 1.909 shares. This amended Form 4 is being filed to correct the previously reported number.
  • [F3]These RSUs were awarded to the reporting person pursuant to the Issuer's Omnibus Incentive Plan and no price was paid by the reporting person for them.
  • [F4]The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral.
  • [F5]These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.
  • [F6]These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
  • [F7]These Share Units do not expire on a fixed date. They are settled in cash on a specified date, unless a qualified election for later distribution is made by the reporting person.
Signature
Leslie A. Schunk, Attorney-in-Fact|2026-02-06

Documents

1 file
  • 4
    wk-form4a_1770419506.xml

    FORM 4/A