Lisa Mumford - May 30, 2023 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Director
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Stock symbol
RDN
Transactions as of
May 30, 2023
Transactions value $
-$73,071
Form type
4
Date filed
5/31/2023, 08:49 PM
Previous filing
May 17, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Sale -$73.1K -2.83K -14.65% $25.82 16.5K May 30, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Pursuant to a 10b5-1 trading plan entered into in February 2023, the sale of common stock was sold to cover tax liability resulting from the May 2023 vesting of restricted stock units.