Howard Bernard Culang - May 15, 2023 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Director, Non-Exec Chairman of the Board
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Stock symbol
RDN
Transactions as of
May 15, 2023
Transactions value $
-$250
Form type
4
Date filed
5/17/2023, 07:22 PM
Previous filing
Mar 16, 2023
Next filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise $0 +13K +161.3% $0.00 21K May 15, 2023 Direct F1
transaction RDN Common Stock Tax liability -$250 -10 -0.05% $25.04 21K May 15, 2023 Direct F2

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
transaction RDN Restricted Stock Units - Time-based Award Options Exercise -13K -100% 0 May 15, 2023 Common Stock 7.08K $0.00 Direct F1, F3, F4
transaction RDN Restricted Stock Units - Time-based Award Award +10.8K 10.8K May 17, 2023 Common Stock 10.8K $0.00 Direct F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of time-based RSUs granted on May 11, 2022.
F2 Pursuant to the terms of the Company's equity compensation plan, represents shares withheld by the Company to satisfy state tax withholding obligations.
F3 Each RSU represents a contingent right to receive one share of common stock.
F4 Not Applicable.
F5 Award represents an annual equity award to non-employee directors.
F6 The time-based RSUs vest on May 15, 2024.