MGIC INVESTMENT CORP·4/A

Feb 6, 6:12 PM ET

Hartzell Jay C. 4/A

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MGIC (MTG) Director Jay C. Hartzell Receives RSU Award

What Happened Jay C. Hartzell, a director of MGIC Investment Corp (MTG), was awarded 5,075.188 units on February 4, 2026. The award is reported as restricted stock units/share units (no cash paid). No per‑share purchase price is reported. An amended Form 4 was filed to correct an administrative overstatement of 1.909 units in the originally reported amount.

Key Details

  • Transaction date: February 4, 2026; Amended Form 4 filed February 6, 2026 to correct unit count (see footnote F2).
  • Amount awarded: 5,075.188 units (original report overstated by 1.909 units).
  • Price: N/A — units were granted as compensation (no cash paid) (see F3).
  • Settlement: Footnotes indicate RSUs will be settled in stock 10 business days after Feb 1, 2027 unless a later distribution election is made (F1). Some units reference the Deferred Compensation Plan for Non‑Employee Directors and are cash‑settled on a specified date unless a later election is made (F4–F7).
  • Value mechanics: Share Units have no exercise price and track MGIC common stock on a one‑for‑one basis (F5).
  • Shares owned after the transaction: not specified in the provided filing.

Context This is a compensation award (RSUs/share units) to a non‑employee director — routine for board pay and not a market trade. Such awards reflect compensation policy rather than an insider buying or selling shares; they do not by themselves indicate the director’s view of the stock. The amendment simply corrects a minor counting error.