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RADIAN GROUP INC — Director's Dealing 2025
May 20, 2025
31025_dirs_2025-05-19_d84f1bfe-01f6-461a-90b3-046e62708df1.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: 2025-05-15
Reporting Person: Thornberry Richard G (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-15 | Common Stock | M | 271999 | — | Acquired | 1081451 | Direct |
| 2025-05-15 | Common Stock | M | 31477 | — | Acquired | 1112928 | Direct |
| 2025-05-15 | Common Stock | M | 31460 | — | Acquired | 1144388 | Direct |
| 2025-05-15 | Common Stock | M | 25543 | — | Acquired | 1169931 | Direct |
| 2025-05-15 | Common Stock | M | 12179 | — | Acquired | 1182110 | Direct |
| 2025-05-15 | Common Stock | F | 164020 | $34.04 | Disposed | 1018090 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-05-15 | Restricted Stock Units - Performance Award | $ | M | 271999 | Disposed | Common Stock (271999) | Direct | |
| 2025-05-15 | Restricted Stock Units - Time-based Award | $ | M | 31477 | Disposed | Common Stock (31477) | Direct | |
| 2025-05-15 | Restricted Stock Units - Time-based Award | $ | M | 31460 | Disposed | Common Stock (31460) | Direct | |
| 2025-05-15 | Restricted Stock Units - Time-based Award | $ | M | 25543 | Disposed | Common Stock (25543) | Direct | |
| 2025-05-15 | Restricted Stock Units - Performance Award | $ | M | 12179 | Disposed | Common Stock (12179) | Direct |
Footnotes
F1: Represents distribution of shares of common stock related to RSUs that were granted May 12, 2021, which vested on May 15, 2024 and were subject to a one-year post-vest hold.
F2: Each RSU represents a contingent right to receive one share of common stock.
F3: Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022.
F4: Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023.
F5: Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 22, 2024.
F6: Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 11, 2022, which are subject to a one-year post vest holding period.
F7: Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon: (a) the distribution of the time-based RSUs granted on May 11, 2022, May 17, 2023, and May 22, 2024; (b) the vesting of 299,232 performance-based RSUs granted May 11, 2022, net of which remain subject to a one year post-vest hold; and (c) the distribution of the performance-based RSUs granted May 12, 2021, following completion of the one-year hold period after vesting of the RSUs.
F8: Not Applicable
F9: Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.
F10: Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of performance-based RSUs granted May 11, 2022.