Form 4 for RDN RADIAN GROUP INC
Accepted 2024-05-15 00:00:00 ET · period of report 2024-05-13 · accession 0001062993-24-010333 · 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 | Brummer Derek | Pres, Mortgage Insurance | F - Tax | $31.43 | -47.4K | 255.1K | -16% | -$1.49M |
| D | 2024-05-15 | 2024-05-13 | RDN | Brummer Derek | Pres, Mortgage Insurance | M - OptEx | — | +115.1K | 302.5K | +61% | — |
| D | 2024-05-15 | 2024-05-13 | RDN | Brummer Derek | Pres, Mortgage Insurance | M - OptEx | — | -115.1K | 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 | F | D | 47,425 | $31.43 | 255,080 | 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. |
| 2 | Common | Common Stock | 2024-05-13 | M | A | 115,108 | — | 302,505 | 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 an aggregate 1,150 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan between June 30, 2023 and December 31, 2023. |
| 3 | Derivative | Restricted Stock Units - Performance Award | 2024-05-13 | M | D | 115,108 | — | 0 | D | — · 2024-05-13 to — | 115,108 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. |