O'Leary-Gill Daniela 4/A
Research Summary
AI-generated summary
MGIC (MTG) Director Daniela O'Leary-Gill Receives RSU Award
What Happened
- Daniela O'Leary-Gill, a director of MGIC Investment Corp (MTG), was awarded 5,075.188 restricted stock units (RSUs) reported as acquired on 2026-02-04. No purchase price was paid (award/ grant). The RSUs will be settled in shares (stock) generally ten business days after February 1, 2027, unless the director elected a later distribution.
- This filing is an amendment correcting an earlier overstatement of 1.909 RSUs; the amended total is 5,075.188. Because this is a compensation award (not a market purchase or sale), it’s part of routine executive/director pay rather than a direct market-view signal.
Key Details
- Transaction date: February 4, 2026 (reported on amended Form 4 filed Feb 6, 2026).
- Transaction type/code: Award/Grant (Code A); price: N/A; total value: not reported (RSUs, no cash paid).
- Settlement: RSUs to be settled in stock ~10 business days after Feb 1, 2027 unless deferred (Footnote F1).
- Correction: Amended to fix an administrative overstatement of 1.909 RSUs (Footnote F2).
- Plan/authority: Award made under the issuer’s Omnibus Incentive Plan; no price paid by reporting person (Footnote F3).
- Shares owned after transaction: not specified in the provided filing.
Context
- RSU awards are standard compensation and typically indicate long-term retention incentives rather than an immediate buy/sell signal. They convert to actual shares at settlement, subject to any vesting or deferral elections.
- The filing was amended to correct the unit count; the amendment does not by itself imply trading intent.