MGIC (MTG) Director Jay C. Hartzell Receives Stock Awards

What Happened Jay C. Hartzell, a director of MGIC Investment Corporation (MTG), was awarded a total of 303.748 share-equivalents on August 20, 2026: 195.031 shares (restricted stock units/dividend-related award) and 108.717 derivative share units (deferred-compensation/share-unit award). No cash was paid by the reporting person for these awards; they were granted as compensation/dividend reinvestment rather than an open-market purchase.

Key Details

• Transaction date: August 20, 2026; Form 4 filed August 21, 2026 (next-day filing).
• Type: Awards/Grants (Code A). Second award is a derivative/share-unit grant.
• Amounts: 195.031 shares (RSU/dividend award) and 108.717 share units (deferred compensation).
• Price paid: N/A — awards acquired at no cost to the reporting person (per footnotes).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Notable footnotes: awards arise from RSUs and the Deferred Compensation Plan for Non-Employee Directors; share units track the NYSE stock price one‑for‑one, may be settled in cash unless a later distribution election is made, and certain units were acquired via phantom dividend reinvestment.

Context These transactions are awards/compensation (including dividend-related reinvestment and deferred-compensation share units), not open-market purchases or sales. Such grants are routine forms of director compensation and do not by themselves indicate an immediate bullish or bearish trading signal. The derivative/share-unit awards are settled based on MGIC’s stock value (one-for-one) and typically convert to cash on a scheduled distribution unless the director elects otherwise.