Quick Takeaways
- This page summarizes Derek Brummer's Form 4 filing for RADIAN GROUP INC (RDN).
- 3 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 15 May 2024, 16:38.
Derek Brummer - 13 May 2024 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 2024
- Net transactions value
- -$1,490,568
- Form type
- 4
- Filing time
- 15 May 2024, 16:38:15 UTC
- Previous filing
- 19 May 2023
- Next filing
- 17 May 2024
- SEC
- View on sec.gov
Quoteable Key Fact
"Derek Brummer filed Form 4 for RADIAN GROUP INC (RDN) on 15 May 2024."
What Changed
- Previous filing in this sequence was filed on 19 May 2023.
- Current net transaction value: -$1,490,568.
Why This Matters
- 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.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RDN | Common Stock | Options Exercise | +115,108 | +61% | 302,505 | 13 May 2024 | Direct | F1, F3, F4 | ||
| transaction | RDN | Common Stock | Tax liability | $1,490,568 | -47,425 | -16% | $31.43 | 255,080 | 13 May 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 | -115,108 | -100% | 0 | 13 May 2024 | Common Stock | 115,108 | 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 an aggregate 1,150 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan between June 30, 2023 and December 31, 2023. |
| F4 | Each RSU represents a contingent right to receive one share of common stock. |
| F5 | Not Applicable |