Robert Quigley - 20 Dec 2023 Form 4 Insider Report for RADIAN GROUP INC (RDN)

Role
EVP, Controller & CAO
Signature
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact
Issuer symbol
RDN
Transactions as of
20 Dec 2023
Net transactions value
-$40,861
Form type
4
Filing time
21 Dec 2023, 19:33:15 UTC
Previous filing
19 May 2023
Next filing
15 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise $0 +3,333 +8.7% $0.000000 41,539 20 Dec 2023 Direct F1, F2, F3
transaction RDN Common Stock Tax liability $40,861 -1,450 -3.5% $28.18 40,089 20 Dec 2023 Direct F4

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 - Time-based Award Options Exercise -3,333 -33% 6,667 20 Dec 2023 Common Stock 3,333 Direct F1, F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on December 20, 2022.
F2 Each RSU represents a contingent right to receive one share of common stock.
F3 Includes 200 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on June 30, 2023.
F4 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 December 20, 2022.
F5 Not Applicable.