Eric Ray - 21 May 2025 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Reporting relationship: Sr. EVP, Chief Digital Officer
Issuer ticker: RDN
Reported as of: 21 May 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 23 May 2025, 17:21:12 UTC
Prior SEC filing: 19 May 2025
Next SEC filing: 06 Jun 2025
Source filing: View source filing
Reporting owner signature: Elizabeth Diffley /s/,Elizabeth Diffley, (POA) Atty-in-fact

Key filing fact

Eric Ray filed Form 4 for RADIAN GROUP INC (RDN) on 23 May 2025.

Key facts

This page summarizes Eric Ray's Form 4 filing for RADIAN GROUP INC (RDN).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 23 May 2025, 17:21.

Change

Previous filing in this sequence was filed on 19 May 2025.
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

Reporting Owners (1)

CIK 0001732842 Primary reporting owner

Ray Eric

Relationship: Sr. EVP, Chief Digital Officer
Address: RADIAN GROUP INC., 550 E SWEDESFORD ROAD, #350, WAYNE
Signature: Elizabeth Diffley /s/,Elizabeth Diffley, (POA) Atty-in-fact
Signature date: 23 May 2025

Reported derivative securities

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

RDN transaction Derivative

Restricted Stock Units - Time-based Award

Award

Transaction value
Shares: +10,890
Change %
Price
Shares after: 10,890
Date: 21 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,890
Exercise price: $0.000000
Footnotes: F1, F2, F3

RDN transaction Derivative

Restricted Stock Units - Performance Award

Award

Transaction value
Shares: +18,160
Change %
Price
Shares after: 18,160
Date: 21 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 18,160
Exercise price: $0.000000
Footnotes: F1, F3, 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

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

Footnote F2

Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2025.

Footnote F3

Not Applicable

Footnote F4

The number of reported performance-based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award.

Footnote F5

Vesting of the performance-based RSUs occurs on May 15, 2028 (between 0 and 36,320 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period. Distribution of the shares generally is subject to a one-year post-vest holding period.