Radian Group (NYSE: RDN) exec nets shares from RSU vesting while using stock to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Radian Group Inc executive Mary Dickerson reported routine equity compensation activity involving restricted stock units on common stock dated May 15, 2026. She received 26,440 shares through RSU vesting and derivative exercises, with 11,024 shares withheld at $36.93 per share to cover tax liabilities, ending with 30,162 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
26,440 shares exercised/converted
Mixed
11 txns
Insider
Dickerson Mary
Role
Sr. EVP, CPO & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - Performance Award | 17,253 | $0.00 | -- |
| Exercise | Restricted Stock Units - Time-based Award | 2,624 | $0.00 | -- |
| Exercise | Restricted Stock Units - Time-based Award | 2,557 | $0.00 | -- |
| Exercise | Restricted Stock Units - Time-based Award | 3,226 | $0.00 | -- |
| Exercise | Restricted Stock Units - Performance Award | 780 | $0.00 | -- |
| Exercise | Common Stock | 17,253 | $0.00 | -- |
| Exercise | Common Stock | 2,624 | $0.00 | -- |
| Exercise | Common Stock | 2,557 | $0.00 | -- |
| Exercise | Common Stock | 3,226 | $0.00 | -- |
| Exercise | Common Stock | 780 | $0.00 | -- |
| Tax Withholding | Common Stock | 11,024 | $36.93 | $407K |
Holdings After Transaction:
Restricted Stock Units - Performance Award — 0 shares (Direct, null);
Restricted Stock Units - Time-based Award — 0 shares (Direct, null);
Common Stock — 31,999 shares (Direct, null)
Footnotes (1)
- Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 11, 2022, which vested on May 15, 2025 subject to a one-year post-vest hold. Each RSU represents a contingent right to receive one share of common stock. Includes an aggregate 747 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan between June 30, 2025 and December 31, 2025. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 22, 2024. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 21, 2025. Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 17, 2023, which are subject to a one-year post vest holding period. Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon: (a) the distribution of the time-based RSUs granted on May 17, 2023, May 22, 2024, and May 21, 2025; (b) the vesting of 19,513 performance-based RSUs granted May 11, 2022, net of which remain subject to a one year post-vest hold; and (c) the distribution of the performance-based RSUs granted May 11, 2022, following completion of the one-year hold period after vesting of the RSUs. Not Applicable Vesting occurred on May 15, 2026, based on satisfaction of performance metrics. Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 19,513 performance-based RSUs granted May 12, 2023.
Key Figures
RSU-related shares acquired: 26,440 shares
Shares withheld for taxes: 11,024 shares
Tax-withholding price: $36.93 per share
+4 more
7 metrics
RSU-related shares acquired
26,440 shares
Common stock from RSU vesting and derivative exercises on May 15, 2026
Shares withheld for taxes
11,024 shares
Tax-withholding disposition at $36.93 per share on May 15, 2026
Tax-withholding price
$36.93 per share
Value assigned to 11,024 shares used to satisfy tax liability
Shares owned after transaction
30,162 shares
Direct common stock holdings following reported transactions
Derivative exercises
5 transactions
Exercise or conversion of derivative securities (RSUs) coded as M
Derivative shares exercised
26,440 shares
Total underlying common shares from derivative exercises per transactionSummary
Tax-withholding transactions
1 transaction
Code F disposition to cover tax liabilities on May 15, 2026
Key Terms
Restricted Stock Units - Performance Award, Restricted Stock Units - Time-based Award, performance-based RSUs, Employee Stock Purchase Plan, +1 more
5 terms
Restricted Stock Units - Performance Award financial
"Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 11, 2022..."
Restricted Stock Units - Time-based Award financial
"Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023."
performance-based RSUs financial
"Vesting occurred on May 15, 2026, based on satisfaction of performance metrics."
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
Employee Stock Purchase Plan financial
"Includes an aggregate 747 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan..."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
equity incentive plan financial
"Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability..."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What did Radian Group (RDN) executive Mary Dickerson report in this Form 4?
Mary Dickerson reported routine equity compensation activity, mainly vesting and conversion of restricted stock units into common shares. The filing shows derivative exercises and related tax-withholding share dispositions rather than any open-market buying or selling of Radian Group Inc common stock.
Were Mary Dickerson’s Radian Group (RDN) transactions open-market trades?
No, the transactions were not open-market trades. They primarily reflect derivative exercises and distributions from restricted stock units, plus shares withheld or delivered to cover tax liabilities, as described by transaction codes “M” for exercises and “F” for tax-withholding dispositions in the Form 4.
What types of RSU awards are mentioned for Radian Group (RDN) in this filing?
The filing references both time-based and performance-based restricted stock units. Time-based RSUs vest in scheduled portions, while performance-based RSUs granted in 2022 and 2023 vested upon meeting performance metrics and are subject to a one-year post-vest holding requirement on certain net shares.