Brian D. Montgomery - 15 May 2023 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Director
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Issuer symbol
RDN
Transactions as of
15 May 2023
Net transactions value
-$125
Form type
4
Filing time
17 May 2023, 19:33:21 UTC
Previous filing
17 May 2022
Next filing
17 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise $0 +3,541 +64% $0.000000 9,041 15 May 2023 Direct F1
transaction RDN Common Stock Tax liability $125 -5 -0.06% $25.04 9,036 15 May 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 -3,541 -50% 3,542 15 May 2023 Common Stock 3,541 $0.000000 Direct F1, F3, F4, F5
transaction RDN Restricted Stock Units - Time-based Award Award +5,899 5,899 17 May 2023 Common Stock 5,899 $0.000000 Direct F3, F4, F6, F7
* 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 Represents 50% of the time-based RSUs granted to Mr. Montgomery on May 11, 2022. Mr. Montgomery has elected to defer distribution of 50% of the RSU award pursuant to the Radian Group Inc. Voluntary Deferred Compensation Plan for Directors.
F6 Award represents an annual equity award to non-employee directors.
F7 The time-based RSUs vest on May 15, 2024.