Derek Brummer - 10 May 2021 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Source evidence 4 source fields
Form type
4
Accepted by SEC
12 May 2021, 09:20:59 UTC
Next filing
14 May 2021
SEC filing
View on sec.gov
Reporting owner 1 detail
Reporting owner signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact

Key filing fact

Derek Brummer filed Form 4 for RADIAN GROUP INC (RDN) on 12 May 2021.

Key facts

  • This page summarizes Derek Brummer's Form 4 filing for RADIAN GROUP INC (RDN).
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 12 May 2021, 09:20.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$53,289.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RDN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+4,800
Change %
+3.7%
Price
$0.000000
Shares after
135,520
Date
10 May 2021
Ownership
Direct
Footnotes
F1, F6
RDN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+33,345
Change %
+25%
Price
$0.000000
Shares after
168,865
Date
10 May 2021
Ownership
Direct
Footnotes
F2, F6
RDN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+2,258
Change %
+1.3%
Price
$0.000000
Shares after
171,123
Date
10 May 2021
Ownership
Direct
Footnotes
F3, F6
RDN transaction

Common Stock

Tax liability

Transaction value
$53,289
Shares
-2,258
Change %
-1.3%
Price
$23.60
Shares after
168,865
Date
10 May 2021
Ownership
Direct
Footnotes
F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RDN transaction Derivative

Restricted Stock Units - Time-based Award

Options Exercise

Transaction value
Shares
-4,800
Change %
-100%
Price
Shares after
0
Date
10 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,800
Exercise price
$0.000000
Footnotes
F1, F6, F7
RDN transaction Derivative

Restricted Stock Units - Performance Award

Options Exercise

Transaction value
Shares
-33,345
Change %
-100%
Price
Shares after
0
Date
10 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
33,345
Exercise price
$0.000000
Footnotes
F2, F6, F7
RDN transaction Derivative

Restricted Stock Units - Performance Award

Options Exercise

Transaction value
Shares
-2,258
Change %
-4.1%
Price
Shares after
53,199
Date
10 May 2021
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,258
Exercise price
$0.000000
Footnotes
F3, F4, F5, F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

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

Footnote 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.

Footnote 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 55,457 performance-based RSUs granted May 9, 2018, net of which remain subject to a one year post-vest hold.

Footnote 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.

Footnote F5

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

Footnote F6

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

Footnote F7

Not Applicable.

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