Richard G. Thornberry - May 13, 2024 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
Chief Executive Officer, Director
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Stock symbol
RDN
Transactions as of
May 13, 2024
Transactions value $
-$5,210,937
Form type
4
Date filed
5/15/2024, 04:21 PM
Previous filing
Aug 11, 2023
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise +388K +59.35% 1.04M May 13, 2024 Direct F1, F3, F4
transaction RDN Common Stock Tax liability -$5.21M -166K -15.91% $31.43 876K May 13, 2024 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 - Performance Award Options Exercise -388K -100% 0 May 13, 2024 Common Stock 388K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents distribution of shares of common stock related to RSUs that were granted May 13, 2020, which vested on May 13, 2023 and were subject to a one-year post-vest hold.
F2 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 performance-based RSUs granted May 13, 2020, following completion of the one-year hold period after vesting of the RSUs.
F3 Includes 1,310 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on June 30, 2023.
F4 Each RSU represents a contingent right to receive one share of common stock.
F5 Not Applicable