4/A: Director Amends RSU Filing, Corrects Share Count

MGIC Investment Corp director Sheryl L. Sculley filed an amended Form 4 to correct an administrative error in previously reported Restricted Stock Units.

Summary

• Sheryl L. Sculley, a Director of MGIC Investment Corp, filed an amended Form 4/A.
• The amendment corrects an administrative error in the number of Restricted Stock Units (RSUs) reported as acquired on February 4, 2026.
• The previously reported number of share units acquired was overstated by 1.909 shares.
• The corrected number of RSUs acquired on February 4, 2026, is 5,075.188.
• Following this transaction, the reporting person directly beneficially owns 34,891.9951 shares of Common Stock.
• The reporting person also holds 19,526.7936 Share Units under the Deferred Compensation Plan for Non-Employee Directors.
• These RSUs will be settled in stock ten business days after February 1, 2027, unless a later distribution election was made.
• The Share Units are settled in cash on a specified date, with their value based on the Issuer's common stock price.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative correction to a director's beneficial ownership report, with no material impact on the company's operations or financial standing.

Future Outlook

Restricted Stock Units are scheduled to be settled in stock ten business days after February 1, 2027, unless a qualified election for a later distribution was made. Share Units are settled in cash on a specified date, unless a qualified election for later distribution is made.

Industry Context

StockSavvy.ai notes that administrative corrections to insider transaction filings, such as this Form 4/A, are routine compliance matters and do not typically reflect broader industry trends or competitive shifts. They are essential for maintaining accurate public records of beneficial ownership.

Stakeholder Impact

• Shareholders: Provides updated and accurate information regarding a director's beneficial ownership, ensuring transparency and compliance with SEC regulations.

Next Steps

• Settlement of Restricted Stock Units in stock ten business days after February 1, 2027 (unless a later distribution election is made).

Key Dates

Recommendation

This filing is an administrative correction of a director's RSU holdings and does not provide new information that would warrant a change in investment recommendation for MGIC Investment Corp. The core business fundamentals remain unchanged by this compliance update.

Keywords

MGIC Investment Corp, MTG, Form 4/A, SEC filing, Restricted Stock Units, RSU, Director compensation, Beneficial ownership, Share Units