Stephen Keleher - 12 Feb 2026 Form 3 Insider Report for RADIAN GROUP INC (RDN)

Signature
Elizabeth Diffley /s/,Elizabeth Diffley, (POA) Atty-in-fact
Issuer symbol
RDN
Transactions as of
12 Feb 2026
Net transactions value
$0
Form type
3
Filing time
23 Feb 2026, 18:26:21 UTC

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Keleher Stephen Sr. EVP, Co-Head of MI RADIAN GROUP INC., 550 E SWEDESFORD ROAD, #350, WAYNE Elizabeth Diffley /s/,Elizabeth Diffley, (POA) Atty-in-fact 23 Feb 2026 0002113057

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RDN Common Stock 23,510 12 Feb 2026 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding RDN Restricted Stock Units - Performance Award 12 Feb 2026 Common Stock 8,260 $0.000000 Direct F1, F2, F3, F4
holding RDN Restricted Stock Units - Performance Award 12 Feb 2026 Common Stock 6,710 $0.000000 Direct F1, F2, F3, F5
holding RDN Restricted Stock Units - Performance Award 12 Feb 2026 Common Stock 6,810 $0.000000 Direct F1, F2, F3, F6
holding RDN Restricted Stock Units - Time-based Award 12 Feb 2026 Common Stock 1,837 $0.000000 Direct F1, F2, F7
holding RDN Restricted Stock Units - Time-based Award 12 Feb 2026 Common Stock 2,980 $0.000000 Direct F1, F2, F8
holding RDN Restricted Stock Units - Time-based Award 12 Feb 2026 Common Stock 4,540 $0.000000 Direct F1, F2, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 N/A
F2 Each RSU represents a contingent right to receive one share of common stock.
F3 The number of reported performance-based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award.
F4 Vesting of the performance-based RSUs occurs on May 15, 2026 (between 0 and 16,520 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period.
F5 Vesting of the performance-based RSUs occurs on May 15, 2027 (between 0 and 13,420 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period.
F6 Vesting of the performance-based RSUs occurs on May 15, 2028 (between 0 and 13,620 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period.
F7 The award was granted on May 17, 2023 and the award vests proportionately on the first, second and third anniversary of May 15, 2023. Shares reported outstanding are unvested and reflect the remaining one-third of the shares granted.
F8 The award was granted on May 22, 2024 and the award vests proportionately on the first, second and third anniversary of May 15, 2024. Shares reported outstanding are unvested and reflect the remaining two-thirds of the shares granted.
F9 The award was granted on May 21, 2025 and the award vests proportionately on the first, second and third anniversary of May 15, 2025.