V
Velarion™Intelligence
Sign InFree TrialBook a Walkthrough
Insurance

MGIC Investment Executive Compensation (FY25)

MTG · Milwaukee, WI · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Timothy Mattke
Latest say-on-pay support
=
April 23, 2026
Chief executive pay ratio
◇
To the median employee
Velarion Member: every covered company in Insurance, with dashboards, peer screens and board-ready briefs. Three seats, one year.

The MGIC Investment brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
Data as of October 21, 2026Latest filing (8-K): April 23, 2026
13 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
MGIC Investment brief$1,500Get the executive brief
Velarion Member, one year
270 figures on this page: 261 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Timothy Mattke: $8,829,712 → $8,369,392 (5.2% lower)
Say-on-pay support: 99.2% → 99.1% (0.1 points lower)
CEO pay ratio: 51:1 → 52:1 (2.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is MGIC Investment's chief executive and what were they paid?
Total compensation for Timothy Mattke, Chief Executive Officer, came to $8,369,392 in fiscal 2025. Compared with the $8,829,712 reported for fiscal 2024, Mattke's total was 5.2% lower.
What was MGIC Investment's say-on-pay result?
Shareholders supported the say-on-pay proposal with 99.1% of votes cast for or against in favor at the meeting held April 23, 2026 for fiscal 2025.
Which companies are in MGIC Investment's peer group?
Companies named in the disclosed peer group include Arch Capital Group Ltd., Assured Guaranty Ltd., Enact Holdings, Essent Group Ltd. and Fidelity National Financial Inc., among others.
What is MGIC Investment's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 52:1, against median employee compensation of $163,151.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Mattke
Chief Executive Officer
◇—◇—◇—◇◇
Salvatore Miosi
President and Chief Operating Officer
◇—◇—◇—◇◇
Paula Maggio
EVP and General Counsel
◇—◇—◇◇◇◇
Nathaniel Colson
EVP Chief Financial and and Chief Risk Officer
◇—◇—◇◇◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Mattke
Chief Executive Officer
◇—◇—◇◇◇◇
Salvatore Miosi
President and Chief Operating Officer
◇—◇—◇◇◇◇
Nathaniel Colson
EVP Chief Financial and and Chief Risk Officer
◇—◇—◇◇◇◇
Paula Maggio
EVP and General Counsel
◇—◇—◇◇◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Mattke
Chief Executive Officer
◇—◇—◇—◇◇
Salvatore Miosi
President and Chief Operating Officer
◇—◇—◇◇◇◇
Nathaniel Colson
EVP Chief Financial and and Chief Risk Officer
◇—◇—◇◇◇◇
Paula Maggio
EVP and General Counsel
◇—◇—◇◇◇◇
Robert Candelmo
SVP and Chief Information Officer
◇—◇—◇◇◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Mattke
Chief Executive Officer
◇—◇—◇◇◇◇
Salvatore Miosi
President and Chief Operating Officer
◇—◇—◇◇◇◇
Nathaniel Colson
EVP, Chief Financial Officer
◇—◇—◇◇◇◇
Paula Maggio
EVP and General Counsel
◇—◇—◇◇◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Nathaniel ColsonPSU◇◇◇—◇—◇
Nathaniel ColsonRSU◇——◇——◇
Paula MaggioRSU◇——◇——◇
Paula MaggioPSU◇◇◇—◇—◇
Salvatore MiosiPSU◇◇◇—◇—◇
Salvatore MiosiRSU◇——◇——◇
Timothy MattkeRSU◇——◇——◇
Timothy MattkePSU◇◇◇—◇—◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Timothy MattkeRSU◇◇——
PSU◇◇——
Paula MaggioPSU◇◇——
RSU◇◇——
Nathaniel ColsonPSU◇◇——
RSU◇◇——
Salvatore MiosiPSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Nathaniel Colson
EVP, Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Paula Maggio
EVP and General Counsel · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Salvatore Miosi
President and Chief Operating Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇
Timothy Mattke
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Change-in-control multiple◇
Equity acceleration on change in control◇
Benefits continuation on change in control◇
Benefits continuation◇
Excise tax treatment◇
Non-compete period◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Curt S. Culver
Board chair
◇◇————◇
Jodeen A. Kozlak
Lead independent director
◇◇————◇
C. Edward Chaplin
◇◇————◇
Teresita M. Lowman
◇◇————◇
Mark M. Zandi
◇◇————◇
Jay C. Hartzell
◇◇————◇
Sheryl L. Sculley
◇◇————◇
Michael L. Thompson
◇◇————◇
Analisa M. Allen
◇◇————◇
Michael E. Lehman
◇◇————◇
Timothy A. Holt
◇◇————◇
Daniel A. Arrigoni
◇◇————◇
Daniela A. O'Leary-Gill
◇◇————◇
Martin P. Klein
◇◇————◇
Timothy J. Mattke served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Arch Capital Group Ltd. ACGL
  • Assured Guaranty Ltd. AGO
  • Enact Holdings ACT
  • Essent Group Ltd. ESNT
  • Fidelity National Financial Inc. FNF
  • First American Financial Corp. FAF
  • Flagstar Bancorp Inc. FLG
  • Genworth Financial Inc. GNW
  • Mr. Cooper Group symbol not shown
  • NMI Holdings Inc. NMIH
  • Onity Group ONIT
  • PennyMac Financial Services Inc. PFSI
  • Radian Group Inc. RDN
  • Stewart Info Services Corp. STC
  • Walker and Dunlop, Inc. WD

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 23, 2026=◇◇◇
2024April 24, 2025=◇◇◇
2023April 25, 2024=◇◇◇
2022April 27, 2023=◇◇◇
2021April 28, 2022=◇◇◇
2020April 29, 2021=◇◇◇
2019April 23, 2020=◇◇◇
2018April 24, 2019=◇◇◇
2017July 25, 2018=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Velarion Pro: every company page, peer tools and exports, one seat

One seat, one person. It opens the whole platform: the peer tools, the written analysis and the exports, on every company we cover. Join the list and you will hear from us when it opens.
Your address is used for this and nothing else, and you can unsubscribe in one click. See the privacy policy.

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- Timothy Mattke (Chief Executive Officer), FY2025 total compensation $8,369,392 (base salary $1,050,000) [exec_comp, SEC accession 0000876437-26-000013, filed 2026-03-20]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

Email me this page as a cited PDF — sent in 2 minutes
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.
Tell me when MGIC Investment files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact MGIC Investment disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where MGIC Investment sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for Peer Group Review
Whether MGIC Investment's disclosed peer group is defensible, who names MGIC Investment back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
270 figures on this page: 261 cited to the filing that reported them, 9 calculated from figures it prints.
261 cited to the filing
9 calculated from the filing

Documents cited

  1. 0000876437-26-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000876437-26-000013
    2025 Director Compensation · CEO Pay Ratio · COMPENSATION OF DIRECTORS · Compensation Discussion and Analysis · and 3 more sections
  3. 0000876437-25-000068
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000876437-25-000062
    Summary Compensation Table for 2024
  5. 0000876437-24-000060
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000876437-24-000057
    Summary Compensation Table
  7. 0000876437-23-000021
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000876437-23-000017
    Summary Compensation Table
  9. 0000876437-22-000024
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000876437-21-000016
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000876437-20-000020
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000876437-19-000014
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000876437-18-000036
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “MGIC Investment executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/MTG (accessed 2026).
Short form: data: Velarion

The MGIC Investment brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $499 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
13 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about MGIC Investment and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Insurance rankings

Chief executive pay — InsuranceCEO pay ratio — InsuranceSay-on-pay support — Insurance

Peers MGIC Investment discloses

The companies named in MTG's own disclosed peer group.

Arch Capital Group Ltd.Assured Guaranty Ltd.Enact HoldingsEssent Group Ltd.Fidelity National Financial Inc.First American Financial Corp.Flagstar Bancorp Inc.Genworth Financial Inc.NMI Holdings Inc.Onity GroupPennyMac Financial Services Inc.Radian Group Inc.Stewart Info Services Corp.Walker and Dunlop, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy