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[Form 4] Radian Group Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Radian Group (RDN) Senior Executive Vice President and General Counsel Edward J. Hoffman reported a significant insider transaction on Form 4. On June 23, 2025, Hoffman sold 20,000 shares of common stock at a price of $36 per share, representing a total transaction value of $720,000.

The sale was executed according to a Rule 10b5-1 trading plan established in February 2025, which provides a pre-arranged framework for insider trades to avoid allegations of trading on material non-public information. Following the transaction, Hoffman continues to hold 161,586 shares directly.

This planned disposition represents approximately 11% of Hoffman's direct holdings in Radian Group, suggesting continued significant alignment with shareholder interests despite the sale.

Positive
  • The stock sale was pre-planned through a 10b5-1 trading plan established in February 2025, indicating proper insider trading compliance and forward planning
  • The insider (Sr EVP, General Counsel) still maintains a significant position of 161,586 shares after the sale, showing continued alignment with shareholder interests
Negative
  • Senior executive Edward J. Hoffman (Sr EVP, General Counsel) sold 20,000 shares at $36 per share, totaling approximately $720,000
  • The sale represents approximately 11% of the executive's direct holdings, which could be interpreted as a moderate reduction in insider confidence
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hoffman Edward J

(Last) (First) (Middle)
RADIAN GROUP INC.
550 E SWEDESFORD ROAD, #350

(Street)
WAYNE PA 19087

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RADIAN GROUP INC [ RDN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr EVP, General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/23/2025 S 20,000(1) D $36 161,586 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Pre-arranged sale of common stock pursuant to a 10b5-1 trading plan entered into in February 2025.
Elizabeth Diffley /s/, Elizabeth Diffley, (POA) Atty-in-fact 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many RDN shares did Edward Hoffman sell on June 23, 2025?

Edward Hoffman, Senior EVP and General Counsel of Radian Group Inc., sold 20,000 shares of common stock at a price of $36 per share on June 23, 2025.

What is Edward Hoffman's position at RDN?

Edward Hoffman serves as Senior Executive Vice President and General Counsel at Radian Group Inc. (RDN).

How many RDN shares does Edward Hoffman own after the June 23, 2025 transaction?

Following the reported transaction, Edward Hoffman directly owns 161,586 shares of Radian Group Inc. common stock.

Was the RDN insider sale part of a pre-planned trading arrangement?

Yes, the sale was executed pursuant to a pre-arranged 10b5-1 trading plan that was established in February 2025, as noted in the filing's explanatory notes.

What was the total value of RDN shares sold by Edward Hoffman in this transaction?

The total value of the transaction was $720,000, calculated from the sale of 20,000 shares at $36 per share.
Radian Group

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