Derek Brummer - 13 May 2024 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
15 May 2024, 16:38:15 UTC
Prior SEC filing
19 May 2023
Next SEC filing
17 May 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact

Key filing fact

Derek Brummer filed Form 4 for RADIAN GROUP INC (RDN) on 15 May 2024.

Key facts

  • This page summarizes Derek Brummer's Form 4 filing for RADIAN GROUP INC (RDN).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 15 May 2024, 16:38.

Change

  • Previous filing in this sequence was filed on 19 May 2023.
  • Current net transaction value: -$1,490,568.

Research use

  • 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.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RDN transaction

Common Stock

Options Exercise

Transaction value
Shares
+115,108
Change %
+61%
Price
Shares after
302,505
Date
13 May 2024
Ownership
Direct
Footnotes
F1, F3, F4
RDN transaction

Common Stock

Tax liability

Transaction value
$1,490,568
Shares
-47,425
Change %
-16%
Price
$31.43
Shares after
255,080
Date
13 May 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RDN transaction Derivative

Restricted Stock Units - Performance Award

Options Exercise

Transaction value
Shares
-115,108
Change %
-100%
Price
Shares after
0
Date
13 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
115,108
Exercise price
Footnotes
F1, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F4

Each RSU represents a contingent right to receive one share of common stock.

Footnote F5

Not Applicable

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