Derek Brummer - 15 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
17 May 2024, 17:50:18 UTC
Prior SEC filing
15 May 2024
Next SEC filing
24 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 17 May 2024.

Key facts

  • This page summarizes Derek Brummer's Form 4 filing for RADIAN GROUP INC (RDN).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 17 May 2024, 17:50.

Change

  • Previous filing in this sequence was filed on 15 May 2024.
  • Current net transaction value: $0.

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
$0
Shares
+10,284
Change %
+4%
Price
$0.000000
Shares after
265,364
Date
15 May 2024
Ownership
Direct
Footnotes
F1, F8
RDN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+11,017
Change %
+4.2%
Price
$0.000000
Shares after
276,381
Date
15 May 2024
Ownership
Direct
Footnotes
F2, F8
RDN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+10,486
Change %
+3.8%
Price
$0.000000
Shares after
286,867
Date
15 May 2024
Ownership
Direct
Footnotes
F3, F8
RDN transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+4,127
Change %
+1.4%
Price
$0.000000
Shares after
290,994
Date
15 May 2024
Ownership
Direct
Footnotes
F4, F8
RDN transaction

Common Stock

Tax liability

Transaction value
$0
Shares
-17,971
Change %
-6.2%
Price
$0.000000
Shares after
273,023
Date
15 May 2024
Ownership
Direct
Footnotes
F5, F8

Reported derivative securities

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

RDN transaction Derivative

Restricted Stock Units - Time-based Award

Options Exercise

Transaction value
Shares
-10,284
Change %
-100%
Price
Shares after
0
Date
15 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,284
Exercise price
Footnotes
F8, F9
RDN transaction Derivative

Restricted Stock Units - Time-based Award

Options Exercise

Transaction value
Shares
-11,017
Change %
-50%
Price
Shares after
11,017
Date
15 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,017
Exercise price
Footnotes
F8, F9
RDN transaction Derivative

Restricted Stock Units - Time-based Award

Options Exercise

Transaction value
Shares
-10,486
Change %
-33%
Price
Shares after
20,974
Date
15 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,486
Exercise price
Footnotes
F8, F9
RDN transaction Derivative

Restricted Stock Units - Performance Award

Options Exercise

Transaction value
Shares
-4,127
Change %
-4%
Price
Shares after
99,113
Date
15 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,127
Exercise price
Footnotes
F6, F7, F8, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021.

Footnote F2

Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022.

Footnote F3

Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023.

Footnote F4

Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 12, 2021, which are subject to a one-year post vest holding period.

Footnote F5

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 time-based RSUs granted on May 12, 2021, May 11, 2022, and May 17, 2023, as well as shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 103,240 performance-based RSUs granted May 12, 2021, net of which remain subject to a one year post-vest hold.

Footnote F6

Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.

Footnote F7

Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 103,240 performance-based RSUs granted May 12, 2021.

Footnote F8

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

Footnote F9

Not Applicable

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