Form 4 for RDN RADIAN GROUP INC
Accepted 2025-05-19 00:00:00 ET · period of report 2025-05-15 · accession 0001062993-25-009834 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-05-19 | 2025-05-15 | RDN | Thornberry Richard G | CEO, Dir | M - OptEx | $0.00 | +372.7K | 1.14M | +48% | $0 |
| D | 2025-05-19 | 2025-05-15 | RDN | Thornberry Richard G | CEO, Dir | F - Tax | $34.04 | -164.0K | 1.02M | -14% | -$5.58M |
| DM | 2025-05-19 | 2025-05-15 | RDN | Thornberry Richard G | CEO, Dir | M - OptEx | — | -372.7K | 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 | 2025-05-15 | M | A | 271,999 | $0.00 | 1,081,451 | D | — | — | (F1) Represents distribution of shares of common stock related to RSUs that were granted May 12, 2021, which vested on May 15, 2024 and were subject to a one-year post-vest hold. (F2) Each RSU represents a contingent right to receive one share of common stock. |
| 2 | Common | Common Stock | 2025-05-15 | M | A | 31,477 | $0.00 | 1,112,928 | D | — | — | (F3) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022. (F2) Each RSU represents a contingent right to receive one share of common stock. |
| 3 | Common | Common Stock | 2025-05-15 | F | D | 164,020 | $34.04 | 1,018,090 | D | — | — | (F7) Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon: (a) the distribution of the time-based RSUs granted on May 11, 2022, May 17, 2023, and May 22, 2024; (b) the vesting of 299,232 performance-based RSUs granted May 11, 2022, net of which remain subject to a one year post-vest hold; and (c) the distribution of the performance-based RSUs granted May 12, 2021, following completion of the one-year hold period after vesting of the RSUs. |
| 4 | Common | Common Stock | 2025-05-15 | M | A | 25,543 | $0.00 | 1,169,931 | D | — | — | (F5) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 22, 2024. (F2) Each RSU represents a contingent right to receive one share of common stock. |
| 5 | Common | Common Stock | 2025-05-15 | M | A | 12,179 | $0.00 | 1,182,110 | D | — | — | (F6) Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 11, 2022, which are subject to a one-year post vest holding period. (F2) Each RSU represents a contingent right to receive one share of common stock. |
| 6 | Common | Common Stock | 2025-05-15 | M | A | 31,460 | $0.00 | 1,144,388 | D | — | — | (F4) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023. (F2) Each RSU represents a contingent right to receive one share of common stock. |
| 7 | Derivative | Restricted Stock Units - Time-based Award | 2025-05-15 | M | D | 31,460 | — | 31,460 | D | — · 2025-05-15 to — | 31,460 Common Stock | (F4) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023. (F8) Not Applicable (F2) Each RSU represents a contingent right to receive one share of common stock. |
| 8 | Derivative | Restricted Stock Units - Time-based Award | 2025-05-15 | M | D | 31,477 | — | 0 | D | — · 2025-05-15 to — | 31,477 Common Stock | (F3) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022. (F8) Not Applicable (F2) Each RSU represents a contingent right to receive one share of common stock. |
| 9 | Derivative | Restricted Stock Units - Time-based Award | 2025-05-15 | M | D | 25,543 | — | 51,087 | D | — · 2025-05-15 to — | 25,543 Common Stock | (F5) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 22, 2024. (F8) Not Applicable (F2) Each RSU represents a contingent right to receive one share of common stock. |
| 10 | Derivative | Restricted Stock Units - Performance Award | 2025-05-15 | M | D | 12,179 | — | 287,053 | D | — · 2025-05-15 to — | 12,179 Common Stock | (F6) Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 11, 2022, which are subject to a one-year post vest holding period. (F8) Not Applicable (F10) Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of performance-based RSUs granted May 11, 2022. (F2) Each RSU represents a contingent right to receive one share of common stock. (F9) Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics. |
| 11 | Derivative | Restricted Stock Units - Performance Award | 2025-05-15 | M | D | 271,999 | — | 0 | D | — · 2025-05-15 to — | 271,999 Common Stock | (F1) Represents distribution of shares of common stock related to RSUs that were granted May 12, 2021, which vested on May 15, 2024 and were subject to a one-year post-vest hold. (F8) Not Applicable (F2) Each RSU represents a contingent right to receive one share of common stock. |