Mgic Investment (MTG) executive compensation, 2026 proxy

Timothy Mattke, Chief Executive Officer, was paid $8.4M in 2025, down 5% from $8.8M the year before. The CEO-to-median-employee pay ratio was 52:1, on median employee pay of $163,151.

Filed
March 20, 2026
Annual meeting
April 23, 2026
Pay year
2025
Named executives
4
CEO total pay
$8.4M-5% vs prior year
CEO to median employee
52:1median $163,151
CEO pay in equity
58%$4.9M in awards
Prior say-on-pay support
98%of votes cast
CEO Target Bonus
$1,837,500Target amount under annual cash incentive
Return on Equity
13.5%For the year ended December 31, 2025
New Insurance Written
$61.9BUp from $57.0 billion in 2024

How Mattke was paid

$8.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary13%Stock awards58%Non-equity incentive27%Pension and deferred comp2%All other compensation0%

Named executive officers

ExecutiveTotal
Timothy MattkeChief Executive Officer$8,369,392
Nathaniel ColsonEVP, Chief Financial Officer$2,761,149
Salvatore MiosiPresident and Chief Operating Officer$4,190,004
Paula MaggioEVP and General Counsel$2,423,414

What changed and why

  • $8.4MCEO total compensation decreased to $8,369,392 in 2025 from $8,829,712 in 2024.
  • 60%Long-term equity awards in 2025 consisted of 60% performance-based RSUs and 40% service-based RSUs.
  • $61.9BNew insurance written reached $61.9 billion in 2025 while insurance in force hit $303.1 billion.
  • 98%More than 98% of votes cast supported executive compensation at the prior annual meeting.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.