RADIAN GROUP INC — Director's Dealing 2010

May 10, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2010-05-10

Reporting Person: Bryce Teresa Ann (President of operating subsidi)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-08	Common stock	F	3256	$9.40	Disposed	93190	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock	11611	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Appreciation Right	$2.68	2014-05-13	Common stock (134500)	134500	Direct
Stock Option	$2.48	2014-08-07	Common stock (73800)	73800	Direct

Footnotes

F1: Represents the total number of shares of common stock withheld by the Company to satisfy the tax liability resulting from a restricted stock vest on May 8, 2010 under the terms of our equity plan.