MGIC Investment (NYSE: MTG) CFO corrects tax-withholding share entry
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
MGIC Investment Corp executive Nathaniel H. Colson, the company’s EVP, CFO and CRO, filed an amended insider report to correct a prior tax-related share entry. On March 2, 2026, 86,349 shares of common stock were withheld to cover tax obligations tied to vested shares, a non-market transaction. After this correction, Colson directly holds 361,225.972 common shares. The amendment fixes a clerical error in the earlier Form 4, which had slightly understated the number of shares withheld and overstated his beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Colson Nathaniel H
Role
Officer EVP, CFO & CRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 86,349 | $26.53 | $2.29M |
Holdings After Transaction:
Common Stock — 361,225.972 shares (Direct)
Footnotes (1)
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FAQ
What did MGIC Investment (MTG) executive Nathaniel Colson report in this amended Form 4?
Nathaniel Colson reported a corrected tax-withholding share disposition. The filing states that 86,349 MGIC common shares were withheld on March 2, 2026 to satisfy tax obligations on vested shares, revising a previously miscalculated amount and updating his beneficial ownership.
Why did MGIC Investment (MTG) file an amended Form 4 for Nathaniel Colson?
The amendment corrects a clerical error in a prior Form 4. The earlier report understated shares withheld for taxes at vesting, so this filing adjusts the figure to 86,349 shares and correspondingly reduces Colson’s reported beneficial ownership to the accurate post-transaction level.
What does transaction code "F" mean in the MGIC (MTG) Form 4/A filing?
Transaction code “F” indicates a tax-withholding disposition. In this case, 86,349 MGIC common shares were used to satisfy tax obligations from vested equity, rather than being sold in the open market, making it a compensation-related administrative transaction.