[144] RADIAN GROUP INC SEC Filing
Radian Group Inc. (RDN) submitted a Form 144 notice reporting a proposed sale of 10,000 common shares through Fidelity Brokerage Services (Smithfield, RI) with an aggregate market value of $370,000, and an approximate sale date of 09/18/2025 on the NYSE. The shares were acquired in May 2024 through restricted stock vesting as compensation (9,557 shares on 05/13/2024 and 443 shares on 05/15/2024). The filing also discloses a prior sale by Edward J. Hoffman of 20,000 shares on 06/23/2025 for gross proceeds of $720,000. The notice includes standard representations about material nonpublic information and trading-plan considerations.
- Full disclosure of proposed sale details including broker, sale date, and aggregate market value
- Acquisition method clearly stated as restricted stock vesting and paid as compensation
- Previous sale and proceeds are disclosed, improving transparency
- Insider selling is reported, which could raise governance or perception questions despite small size
Insights
TL;DR: Routine insider sale notice; amounts are small relative to outstanding shares and reflect compensation vesting.
The filing documents a proposed sale of 10,000 Radian common shares valued at $370,000 and a recent 20,000-share sale generating $720,000. Acquisition dates and methods are disclosed, showing the shares resulted from restricted stock vesting in May 2024 and were paid as compensation. The disclosed broker and exchange are standard. Given the issuer's reported share count of 135,450,446, the proposed sale represents a de minimis percentage of outstanding stock, suggesting limited market impact. The filer certifies absence of undisclosed material information and references Rule 10b5-1 considerations.
TL;DR: Filing meets disclosure requirements; insider activity is documented but not materially large.
The Form 144 provides required detail on the nature of acquisition (restricted stock vesting), payment (compensation), broker, and timing of proposed sale. It also lists a recent sale by an identified individual, enhancing transparency. While insider selling can prompt investor questions about executive alignment, the absolute and relative sizes disclosed are small versus total outstanding shares, and the notice includes the customary attestation regarding material nonpublic information and any 10b5-1 plan date. Compliance and clear record-keeping are the primary takeaways.