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

Signature
Elizabeth Diffley /s/,Elizabeth Diffley, (POA) Atty-in-fact
Issuer symbol
RDN
Transactions as of
21 May 2025
Transactions value $
$0
Form type
4
Filing time
23 May 2025, 17:21:12 UTC
Previous filing
19 May 2025
Next filing
06 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ray Eric Sr. EVP, Chief Digital Officer RADIAN GROUP INC., 550 E SWEDESFORD ROAD, #350, WAYNE Elizabeth Diffley /s/,Elizabeth Diffley, (POA) Atty-in-fact 23 May 2025 0001732842

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 Award +10.9K 10.9K 21 May 2025 Common Stock 10.9K $0.00 Direct F1, F2, F3
transaction RDN Restricted Stock Units - Performance Award Award +18.2K 18.2K 21 May 2025 Common Stock 18.2K $0.00 Direct F1, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of common stock.
F2 Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2025.
F3 Not Applicable
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.
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.