Robert Quigley - 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
Transactions value $
-$270,644
Form type
4
Filing time
15 May 2024, 16:43:03 UTC
Previous filing
21 Dec 2023
Next filing
17 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDN Common Stock Options Exercise +20,929 +52% 61,169 13 May 2024 Direct F1, F3, F4
transaction RDN Common Stock Tax liability -$270,643 -8,611 -14% $31.43 52,558 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 -20,929 -100% 0 13 May 2024 Common Stock 20,929 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 151 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on December 31, 2023.
F4 Each RSU represents a contingent right to receive one share of common stock.
F5 Not Applicable