[144] RADIAN GROUP INC SEC Filing
Radian Group Inc. (RDN) Form 144 notifies the proposed sale of 72,519 common shares through Fidelity Brokerage Services with an aggregate market value of $2,638,966.41, scheduled approximately for 09/18/2025 on the NYSE. The filer reports prior acquisitions: open market purchases, ESPP purchases, and restricted stock vesting between 2018 and 2024 totaling reported lots of 19,200; 4,703; 493; 47,683; and 440 shares. The filing also discloses a recent sale by the same person on 09/11/2025 of 52,763 shares for gross proceeds of $1,870,949.30. The notice includes the required representation that the seller is not aware of undisclosed material adverse information.
- Regulatory compliance: Form 144 filed, providing required public disclosure of proposed insider sale
- Detailed acquisition history: Shows shares were acquired through open-market purchases, ESPP purchases, and restricted stock vesting
- Insider selling activity: Proposed sale of 72,519 shares (~$2.64M) and a recent sale of 52,763 shares (~$1.87M) within the same period
Insights
TL;DR: Insider Derek Brummer filed to sell 72,519 RDN shares (~$2.64M) and reported a prior 52,763-share sale on 09/11/2025.
The filing is a routine Rule 144 disclosure showing an insider-scheduled sale executed through an institutional broker and prior near-term sales. The sizes disclosed—72,519 shares offered and a 52,763-share sale earlier in the month—are explicit and can affect short-term supply pressure on the stock depending on market liquidity. Acquisition history shows mixtures of open-market purchases, ESPP purchases, and restricted-stock vesting, indicating these shares were held under ordinary compensation and purchase arrangements rather than gifted transfers. The filing contains the standard representation regarding absence of undisclosed material adverse information.
TL;DR: This is a compliance disclosure under Rule 144 documenting planned insider sales and prior transactions; it contains no new operational facts.
The Form 144 provides transparency on insider dispositions and satisfies regulatory notice requirements. It documents the broker, share counts, market value, acquisition dates, and consideration types (cash, compensation, ESPP). The filing does not include any statements about company operations, financial results, or governance changes. As such, its corporate-governance implication is limited to signaling insider liquidity activity rather than corporate-level governance actions.