Radian Group (RDN) Sr. EVP Quigley exercises options, has shares withheld for taxes
Rhea-AI Filing Summary
Radian Group Inc. senior executive Robert Quigley exercised stock options and had shares withheld for taxes and option cost. On May 8, 2026, he exercised options for 3,100 shares of common stock at $12.16 per share from an award expiring on May 8, 2026. To cover the option cost and related tax liability, 1,908 shares of common stock were withheld by the company at a reference value of $38.06 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, he directly owns 64,628 common shares, including 106 shares acquired through the Employee Stock Purchase Plan on December 31, 2025. No remaining balance is shown for this specific option award after the exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,192 shares
Net Buy
3 txns
Insider
Quigley Robert
Role
Sr. EVP, CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option - Performance Award | 3,100 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,100 | $12.16 | $38K |
| Exercise Price or Tax Liability | Common Stock | 1,908 | $38.06 | $73K |
Holdings After Transaction:
Stock Option - Performance Award — 0 shares (Direct);
Common Stock — 64,628 shares (Direct)
Footnotes (4)
- F1. Stock option exercise of an award expiring May 8, 2026.
- F2. Includes 106 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on December 31, 2025.
- F3. Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the option cost and tax liability due upon the exercise of the stock option award expiring on May 8, 2026.
- F4. Not Applicable
Key Figures
Options exercised: 3,100 shares
Exercise price: $12.16 per share
Shares withheld for tax and cost: 1,908 shares at $38.06
+3 more
6 metrics
Options exercised
3,100 shares
Common stock acquired via option exercise on May 8, 2026 at $12.16
Exercise price
$12.16 per share
Conversion/exercise price for 3,100-share stock option award
Shares withheld for tax and cost
1,908 shares at $38.06
Shares withheld to satisfy option cost and tax liability on May 8, 2026
Shares owned after transactions
64,628 shares
Direct common stock holdings following Form 4 transactions
Option award expiration
May 8, 2026
Expiration date of exercised stock option performance award
ESPP shares included
106 shares
Common stock acquired via Employee Stock Purchase Plan on December 31, 2025
Key Terms
tax-withholding disposition, derivative exercise/conversion, Employee Stock Purchase Plan, equity incentive plan
4 terms
tax-withholding disposition financial
"represents shares withheld by the Company to satisfy the option cost and tax liability"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_code_description: Exercise or conversion of derivative security"
Employee Stock Purchase Plan financial
"Includes 106 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"
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 Robert Quigley report in this Form 4?
Robert Quigley reported exercising stock options for 3,100 Radian Group shares and having 1,908 shares withheld to cover the option cost and tax obligations. These are compensation-related transactions, not open-market trades, and adjust his direct equity position in the company.
How many Radian Group (RDN) options did Robert Quigley exercise and at what price?
He exercised options covering 3,100 shares of Radian Group common stock at an exercise price of $12.16 per share. The footnotes describe this as an exercise of a stock option award scheduled to expire on May 8, 2026, converting derivative rights into common shares.
What happened to the specific Radian Group (RDN) option award expiring May 8, 2026?
The filing shows a stock option performance award for 3,100 shares with a $12.16 exercise price and a May 8, 2026 expiration was exercised in full. After this exercise, the remaining balance for that particular derivative position is reported as zero.
AI-generated analysis. How Rhea-AI works. Not financial advice.
