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.
- Filing timestamp: 13 May 2022, 19:28.
Derek Brummer - 11 May 2022 Form 4 Insider Report for RADIAN GROUP INC (RDN)
- Role
- President, Mortgage
- Signature
- Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
- Issuer symbol
- RDN
- Transactions as of
- 11 May 2022
- Net transactions value
- $0
- Form type
- 4
- Filing time
- 13 May 2022, 19:28:13 UTC
- Previous filing
- 10 May 2022
- Next filing
- 17 May 2022
- SEC
- View on sec.gov
Key filing fact
Derek Brummer filed Form 4 for RADIAN GROUP INC (RDN) on 13 May 2022.
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
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Each RSU represents a contingent right to receive one share of common stock. |
| F2 | Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2022. |
| 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, 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. |
| F5 | Not Applicable. |