Hartzell Jay C. 4
4 · MGIC INVESTMENT CORP · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
MGIC (MTG) Director Jay C. Hartzell Receives Awarded Shares
What Happened Jay C. Hartzell, a director of MGIC Investment Corp (MTG), received two awards on 2026-05-21: 200.681 restricted stock units (RSUs) and 111.866 share units (derivative/share-equivalent units), for a total of 312.547 share-equivalents. No cash was paid by the reporting person for these units; the transactions are reported as awards/acquisitions (code A) rather than open-market purchases or sales.
Key Details
- Transaction date: 2026-05-21; Form 4 filed 2026-05-22 (timely; not late).
- Prices: N/A — units were granted/awarded (no purchase price).
- Share counts: 200.681 RSUs (dividends paid on RSUs per footnote) and 111.866 share units (derivative).
- Shares owned after transaction: not disclosed in this filing.
- Notable footnotes: awards reflect dividend-paid RSUs and deferred compensation/share units (F1–F6). Share units are one-for-one tied to MGIC common stock price, acquired via deferred comp or phantom dividend reinvestment, and are typically settled in cash on a specified date unless a later distribution election is made.
Context These entries are compensation/deferral awards, not market purchases or sales, so they reflect grant/plan activity rather than an immediate expression of buy/sell sentiment. The derivative/share units are cash-settled units tied to the stock price rather than immediate delivery of shares.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-21+200.681→ 35,426.941 total - Award
Share Units
[F2][F3][F6][F4][F5]2026-05-21+111.866→ 19,748.033 total→ Common Stock (111.866 underlying)
Footnotes (6)
- [F1]Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan. No price was paid by the reporting person for them.
- [F2]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.
- [F3]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.
- [F4]These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
- [F5]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.
- [F6]These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person for the Share Units.