Radian Group (RDN) director Macia Seraina files Form 3 with zero shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Radian Group Inc. director reports no share ownership. The initial insider report for director Macia Seraina states that no non-derivative or derivative securities of Radian Group Inc. are beneficially owned. This means the director reports holding no Radian Group stock or related options as of the reporting date.
Positive
- None.
Negative
- None.
FAQ
What does Radian Group (RDN) director Macia Seraina report on this Form 3?
Macia Seraina reports no beneficial ownership of Radian Group securities. The Form 3 states that no non-derivative or derivative securities are beneficially owned, meaning the director reports holding no RDN stock or related instruments at the time of this initial filing.
What is the significance of a Form 3 showing zero beneficial ownership for Radian Group (RDN)?
A zero-ownership Form 3 indicates the insider starts with no reported stake. For Radian Group, this means director Macia Seraina enters their role without disclosed holdings of RDN stock or derivatives, providing a baseline for any future Form 4 or Form 5 transactions.
What roles are disclosed for Macia Seraina at Radian Group (RDN) in this Form 3?
Macia Seraina is identified as a director of Radian Group Inc. The relationship section shows the director box checked and the officer and 10% owner boxes left unchecked, clarifying that the reporting person serves solely in a board director capacity for RDN.