Derek Brummer - 11 May 2022 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 May 2022, 19:28:13 UTC
Prior SEC filing
10 May 2022
Next SEC filing
17 May 2022
Source filing
View source filing
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 13 May 2022.

Key facts

  • This page summarizes Derek Brummer's Form 4 filing for RADIAN GROUP INC (RDN).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 13 May 2022, 19:28.

Change

  • Previous filing in this sequence was filed on 10 May 2022.
  • Current net transaction value: $0.

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.

View source filing

Reported derivative securities

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

RDN transaction Derivative

Restricted Stock Units - Time Vested Award

Award

Transaction value
Shares
+33,050
Change %
Price
Shares after
33,050
Date
11 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
33,050
Exercise price
$0.000000
Footnotes
F1, F2, F5
RDN transaction Derivative

Restricted Stock Units - Performance Award

Award

Transaction value
Shares
+54,550
Change %
Price
Shares after
54,550
Date
11 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
54,550
Exercise price
$0.000000
Footnotes
F1, F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

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

Footnote F2

Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2022.

Footnote 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.

Footnote F4

Vesting of the performance-based RSUs occurs on May 15, 2025 (between 0 and 109,100 shares), subject to the Company's cumulative growth in "LTI Book Value" per share (as defined in the grant document). Distribution of shares is generally subject to a one-year holding period after vesting.

Footnote F5

Not Applicable.

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