RADIAN GROUP INC — Director's Dealing 2021

May 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RADIAN GROUP INC (RDN)
CIK: 0000890926
Period of Report: 2021-05-10

Reporting Person: McMahon Brien (Sr. Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-10	Common Stock	M	3914	—	Acquired	66436	Direct
2021-05-10	Common Stock	M	23308	$0.0	Acquired	89744	Direct
2021-05-10	Common Stock	M	1687	$0.0	Acquired	91431	Direct
2021-05-10	Common Stock	F	1687	$23.60	Disposed	89744	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-10	Restricted Stock Units - Time-based Award	$0	M	3914	Disposed		Common Stock (3914)	Direct
2021-05-10	Restricted Stock Units - Performance Award	$0	M	23308	Disposed		Common Stock (23308)	Direct
2021-05-10	Restricted Stock Units - Performance Award	$0.0	M	1687	Disposed		Common Stock (1687)	Direct

Footnotes

F1: Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 9, 2018.

F2: Represents restricted stock units that were granted May 10, 2017, which vested on May 10, 2020 and were subject to a one-year post-vest hold which was satisfied May 10, 2021.

F3: Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 45,202 performance-based RSUs granted May 9, 2018, net of which remain subject to a one year post-vest hold.

F4: Represents the total shares vested (net of shares withheld for taxes pursuant to our equity plan) based on performance of performance-based RSU awards granted May 9, 2018. These vested shares remain subject to a one-year post-vest holding period.

F5: Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.

F6: Each RSU represents a contingent right to receive one share of common stock.

F7: Not Applicable.