RADIAN GROUP INC — Director's Dealing 2010

Feb 9, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2010-02-05

Reporting Person: DelGatto Lawrence (Exec Vice President, CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-05	Common Stock	F	1375	$6.41	Disposed	26677	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	7845	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
stock appreciation right	$2.68	2014-05-13	common stock (33500)	33500	Direct
Stock Option	$2.48	2015-08-07	Common stock (13200)	13200	Direct

Footnotes

F1: represents surrender of shares to cover tax liability incurred upon the vesting of restricted stock awarded 2/5/07

F2: Cash settled SAR Vesting is 50% at the end of year 3 and 50% at the ned of year 4