Maggio Paula C 4/A

What Happened Paula C. Maggio, EVP and General Counsel of MGIC Investment Corp (MTG), had 61,070 shares withheld to satisfy tax withholding obligations related to shares that vested on March 2, 2026. The withholding was reported at $26.53 per share, totaling approximately $1,620,187. This transaction (code F) is a tax-withholding disposition—not an open-market sale.

Key Details

• Transaction date: 2026-03-02; reported price: $26.53; total value ≈ $1,620,187.
• Nature of transaction: Tax withholding/payment of tax liability (Form 4 code F), following vesting.
• Amendment: This is an amended Form 4 filed 2026-03-20 correcting a clerical error—the original March 3, 2026 filing reported 61,061 shares withheld; the correct number is 61,070 (9-share difference).
• Shares owned after transaction: The filing states the total beneficial ownership was decreased by the correction; the exact post-transaction holding is not specified in this amendment.
• Timeliness: Original Form 4 was filed March 3, 2026 (timely); this March 20 filing is an amendment to correct the withholding amount.

Context This was a routine tax-withholding disposition tied to vested shares, not a discretionary sale or purchase. Such withholdings are common and generally reflect tax obligations rather than a change in the insider’s view of the company.