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RADIAN GROUP INC Director's Dealing 2013

May 14, 2013

31025_dirs_2013-05-14_f217b9a6-af6d-48fa-86c4-0fe27c571cf2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2013-05-13

Reporting Person: Theobald Scott (Senior Vice President, Risk)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-13 Common Stock M 6400 Acquired 25371 Direct
2013-05-13 Common Stock F 1952 $13.26 Disposed 23419 Direct
2013-05-13 Common Stock F 2059 $13.37 Disposed 21360 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-05-13 Restricted Stock Unit (stock settled) $0 M 6400 Disposed 2013-05-13 Common Stock (6400) Direct

Footnotes

F1: Represents shares acquired upon vesting of 50% of outstanding performance-based Restricted Stock Units (stock settled) granted on May 12, 2010. Remaining 50% of outstanding award was canceled due to failure to satisfy certain performance metrics.

F2: Represents surrendered shares to satisfy tax liability incurred upon the vesting of Restricted Stock Units granted May 12, 2010.

F3: Represents surrendered shares to satisfy tax liability incurred upon the vesting of Restricted Stock granted May 13, 2009.

F4: Not Applicable.