RDN Insider Notice: 10,000 Shares Proposed Sale, Prior 20,000-Share Sale

Rhea-AI Filing Summary

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.

Positive

• 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

Negative

• Insider selling is reported, which could raise governance or perception questions despite small size

Insights

Securities Analyst

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.

Corporate Governance Expert

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.

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	10000	370000.00	135450446	09/18/2025	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			9557	05/13/2024	Compensation
Common	05/15/2024	Restricted Stock Vesting	Issuer			443	05/15/2024	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	06/23/2025	20000	720000.00

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

What does RDN's Form 144 report?

It reports a proposed sale of 10,000 common shares valued at $370,000, with an approximate sale date of 09/18/2025 on the NYSE.

How were the shares acquired for the proposed sale?

The shares were acquired via restricted stock vesting on 05/13/2024 (9,557 shares) and 05/15/2024 (443 shares) and were paid as compensation.

Who is the broker handling the proposed sale?

Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield, RI, is listed as the broker for the proposed transaction.

Has the filer sold other RDN shares recently?

Yes. Edward J. Hoffman sold 20,000 common shares on 06/23/2025 for gross proceeds of $720,000, as disclosed in the filing.

How significant is the proposed sale relative to outstanding shares?

The company lists 135,450,446 shares outstanding; the proposed 10,000-share sale represents a de minimis fraction of total shares.