Radian Group (RDN) insider plans fourth sale, 50k shares in June

Rhea-AI Filing Summary

Radian Group Inc. (RDN) – Form 144 Notice of Proposed Sale of Securities

The filing reports that insider Edward J. Hoffman intends to sell 20,000 common shares of Radian Group through Fidelity Brokerage Services on or about 06/23/2025. Based on the notice, the planned transaction has an aggregate market value of $720,000. The shares were acquired via restricted-stock vesting on 05/13/2024 and are being sold pursuant to Rule 144 of the Securities Act of 1933.

The issuer has 134,334,124 shares outstanding, so the contemplated sale represents roughly 0.015 % of total shares. Although a relatively small fraction, insider sales are closely monitored because they may signal sentiment or liquidity needs.

The same seller has already disposed of 30,000 shares over the past three months in three separate blocks of 10,000 shares each (06/04/2025, 06/11/2025, 06/16/2025) for gross proceeds totaling $1,027,200. If the newly proposed sale is completed, the insider will have sold 50,000 shares in a short period.

The form contains the standard attestation that the filer is unaware of undisclosed material adverse information. No Rule 10b5-1 trading plan adoption date is provided, indicating the sale may be discretionary rather than pre-programmed.

Positive

• None.

Negative

• Continued insider selling: Edward J. Hoffman filed to sell an additional 20 k shares after already selling 30 k shares this month, which may be viewed as a bearish signal.

Insights

Securities Analyst

TL;DR: Small but steady insider selling; signals modest negative sentiment, limited ownership impact.

The proposed 20 k-share sale (0.015 % of float) is immaterial to liquidity but notable because it follows 30 k shares already sold this month. While the dollar amount ($720 k) and cumulative proceeds ($1.75 m) are modest versus RDN’s market cap, clustered discretionary sales by a single insider can be a mild sentiment head-wind. Absence of a disclosed Rule 10b5-1 plan suggests timing was voluntary, not automatic. For valuation, the sale does not affect share count or fundamentals; however, investors tracking insider activity may view the pattern as mildly bearish.

Corporate Governance Expert

TL;DR: Governance-neutral filing; watch repetitive sales for alignment concerns.

Rule 144 filings are routine, but the frequency of Hoffman’s transactions (three completed plus one planned in under a month) warrants monitoring. The percentage of ownership sold is small, so control is unaffected. Still, the discretionary nature of these trades—no 10b5-1 plan noted—raises questions about timing relative to material events, especially ahead of the next earnings window. From a governance lens, transparency is adequate; risk is limited to optics rather than compliance.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	20000	720000.00	134334124	06/23/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/13/2024	Restricted Stock Vesting	Issuer			20000	05/13/2024	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Edward J. Hoffman 550 East Swedesford Road Suite 350 Wayne PA 19087	Common	06/04/2025	10000	337200.00
Edward J. Hoffman 550 East Swedesford Road Suite 350 Wayne PA 19087	Common	06/11/2025	10000	340000.00
Edward J. Hoffman 550 East Swedesford Road Suite 350 Wayne PA 19087	Common	06/16/2025	10000	350000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Radian Group (RDN) shares does the insider plan to sell?

The Form 144 shows a proposed sale of 20,000 common shares.

What is the estimated value of the proposed insider sale?

The aggregate market value stated in the filing is $720,000.

When is the planned sale date for the 20,000 shares?

The filing lists an approximate sale date of 06/23/2025.

How many Radian Group shares has the insider sold in the past three months?

He has already sold 30,000 shares in three transactions on 06/04, 06/11 and 06/16 2025.

What percentage of RDN’s outstanding shares does the proposed sale represent?

About 0.015 % of the 134,334,124 shares outstanding.