Derek Brummer - 13 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
13 May 2022
Net transactions value
-$284,221
Form type
4
Filing time
17 May 2022, 16:20:23 UTC
Previous filing
13 May 2022
Next filing
01 Mar 2023

Key filing fact

Derek Brummer filed Form 4 for RADIAN GROUP INC (RDN) on 17 May 2022.

Key facts

  • This page summarizes Derek Brummer's Form 4 filing for RADIAN GROUP INC (RDN).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Filing timestamp: 17 May 2022, 16:20.

Change

  • Previous filing in this sequence was filed on 13 May 2022.
  • Current net transaction value: -$284,221.

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
+11,127
Change %
+5.8%
Price
$0.000000
Shares after
203,995
Date
13 May 2022
Ownership
Direct
Footnotes
F1, F8
RDN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+10,283
Change %
+5%
Price
$0.000000
Shares after
214,278
Date
15 May 2022
Ownership
Direct
Footnotes
F2, F8
RDN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+5,032
Change %
+2.3%
Price
$0.000000
Shares after
219,310
Date
15 May 2022
Ownership
Direct
Footnotes
F3, F8
RDN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,879
Change %
+0.86%
Price
$0.000000
Shares after
221,189
Date
15 May 2022
Ownership
Direct
Footnotes
F4, F8
RDN transaction

Common Stock

Tax liability

Transaction value
$284,221
Shares
-13,413
Change %
-6.1%
Price
$21.19
Shares after
207,776
Date
15 May 2022
Ownership
Direct
Footnotes
F5

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

RDN transaction Derivative

Restricted Stock Units - Time-based Award

Options Exercise

Transaction value
Shares
-11,127
Change %
-49%
Price
Shares after
11,466
Date
13 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,127
Exercise price
$0.000000
Footnotes
F1, F8, F9
RDN transaction Derivative

Restricted Stock Units - Time-based Award

Options Exercise

Transaction value
Shares
-10,283
Change %
-33%
Price
Shares after
20,567
Date
15 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,283
Exercise price
$0.000000
Footnotes
F2, F8, F9
RDN transaction Derivative

Restricted Stock Units - Time-based Award

Options Exercise

Transaction value
Shares
-5,032
Change %
-100%
Price
Shares after
0
Date
15 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,032
Exercise price
$0.000000
Footnotes
F3, F8, F9
RDN transaction Derivative

Restricted Stock Units - Performance Award

Tax liability

Transaction value
Shares
-1,879
Change %
-4%
Price
Shares after
44,624
Date
15 May 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,879
Exercise price
$0.000000
Footnotes
F4, F6, F7, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 13, 2020.
F2 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021.
F3 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 15, 2019.
F4 Represents the shares netted for taxes from the vesting of the performance-based RSU award granted May 15, 2019, which are subject to a one-year post vest holding period
F5 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 of the time-based RSUs granted on each of May 15, 2019, May 13, 2020 and May 12, 2021, as well as shares withheld by the Company to satisfy the tax liability incurred upon the vesting of performance-based RSUs granted May 15, 2019, net of which remain subject to a one year post-vest hold.
F6 Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.
F7 Pursuant to the terms of the Company???s equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 44,624 performance-based RSUs granted May 15, 2019.
F8 Each RSU represents a contingent right to receive one share of common stock.
F9 Not Applicable.
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