Form 4 for RDN RADIAN GROUP INC
Accepted 2024-05-15 00:00:00 ET · period of report 2024-05-13 · accession 0001062993-24-010325 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-05-15 | 2024-05-13 | RDN | Thornberry Richard G | CEO, Dir | M - OptEx | — | +388.0K | 1.04M | +59% | — |
| D | 2024-05-15 | 2024-05-13 | RDN | Thornberry Richard G | CEO, Dir | F - Tax | $31.43 | -165.8K | 876.0K | -16% | -$5.21M |
| D | 2024-05-15 | 2024-05-13 | RDN | Thornberry Richard G | CEO, Dir | M - OptEx | — | -388.0K | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-05-13 | M | A | 388,011 | — | 1,041,781 | D | — | — | (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. (F4) Each RSU represents a contingent right to receive one share of common stock. (F3) Includes 1,310 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on June 30, 2023. |
| 2 | Common | Common Stock | 2024-05-13 | F | D | 165,795 | $31.43 | 875,986 | D | — | — | (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. |
| 3 | Derivative | Restricted Stock Units - Performance Award | 2024-05-13 | M | D | 388,011 | — | 0 | D | — · 2024-05-13 to — | 388,011 Common Stock | (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. (F5) Not Applicable (F4) Each RSU represents a contingent right to receive one share of common stock. |