MGIC INVESTMENT CORP·4/A

Feb 6, 6:11 PM ET

Sculley Sheryl L. 4/A

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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.