MGIC INVESTMENT CORP·4

Feb 5, 3:25 PM ET

Hartzell Jay C. 4

4 · MGIC INVESTMENT CORP · Filed Feb 5, 2026

Research Summary

AI-generated summary of this filing

Updated

MGIC Director Jay Hartzell Receives 5,077 RSU Award

What Happened

  • Jay C. Hartzell, a director of MGIC Investment Corporation (MTG), received a grant of 5,077.097 restricted stock units (RSUs) reported on 2026-02-04. No purchase price was paid for these RSUs and the filing lists no per-share price or immediate cash value.
  • These RSUs are awards/compensation rather than open‑market purchases or sales, so they reflect director compensation not an active market trade.

Key Details

  • Transaction date: 2026-02-04; Form 4 filed 2026-02-05 (timely filing).
  • Amount granted: 5,077.097 RSUs; price: N/A (awarded, no cash paid).
  • Settlement: RSUs will be settled in shares of common stock ten business days after February 1, 2027 unless the reporting person elected a later distribution (Footnote F1).
  • Plan/source: Awarded under the Issuer’s Omnibus Incentive Plan (Footnote F2).
  • Deferred compensation note: The filing also references Share Units under the Deferred Compensation Plan for Non‑Employee Directors, which are measured one‑for‑one to the common stock price and are generally settled in cash unless a later distribution election is made (Footnotes F3–F6).
  • Shares owned after transaction: Not specified in the provided filing excerpt.

Context

  • RSU grants are routine director compensation and do not by themselves indicate buying or selling sentiment. These units convert to stock (or cash, for deferred units) per the plan’s settlement rules at the time specified.

Insider Transaction Report

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

    Common Stock

    [F1][F2]
    2026-02-04+5,077.09735,031.96 total
Holdings
  • Share Units

    [F3][F4][F5][F6]
    Common Stock (19,526.794 underlying)
    19,526.794
Footnotes (6)
  • [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]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.
  • [F3]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.
  • [F4]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.
  • [F5]These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
  • [F6]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|2026-02-05

Documents

1 file
  • 4
    wk-form4_1770323109.xmlPrimary

    FORM 4