Derek Brummer - 09 May 2022 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Signature
Edward J. Hoffman /s/, Edward J. Hoffman (POA) Atty-in-fact
Issuer symbol
RDN
Transactions as of
09 May 2022
Net transactions value
-$481,397
Form type
4
Filing time
10 May 2022, 17:46:21 UTC
Previous filing
18 May 2021
Next filing
13 May 2022

Key filing fact

Derek Brummer filed Form 4 for RADIAN GROUP INC (RDN) on 10 May 2022.

Key facts

  • This page summarizes Derek Brummer's Form 4 filing for RADIAN GROUP INC (RDN).
  • 3 reported transactions and 1 derivative row are listed below.
  • Filing timestamp: 10 May 2022, 17:46.

Change

  • Previous filing in this sequence was filed on 18 May 2021.
  • Current net transaction value: -$481,397.

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

Transactions Table

RDN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+53,199
Change %
+33%
Price
$0.000000
Shares after
215,554
Date
09 May 2022
Ownership
Direct
Footnotes
F1, F2, F3
RDN transaction

Common Stock

Tax liability

Transaction value
$481,397
Shares
-22,686
Change %
-11%
Price
$21.22
Shares after
192,868
Date
09 May 2022
Ownership
Direct
Footnotes
F4

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

RDN transaction Derivative

Restricted Stock Units - Performance Award

Options Exercise

Transaction value
Shares
-53,199
Change %
-100%
Price
Shares after
0
Date
09 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
53,199
Exercise price
$0.000000
Footnotes
F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units that were granted May 9, 2018, which vested on May 9, 2021 and were subject to a one-year post-vest hold which was satisfied May 9, 2022.
F2 Each RSU represents a contingent right to receive one share of common stock.
F3 Includes an aggregate 1,160 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on June 30, 2021 and December 31, 2021.
F4 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 distribution performance-based RSUs granted May 9, 2018, following completion of the one-year hold period after vesting of the RSUs.
F5 Not Applicable.
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