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  4. [Form 4] RADIAN GROUP INC Insider Trading Activity

Radian Group (NYSE: RDN) Sr. EVP granted performance and time-based RSUs

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dickerson Mary reported acquisition or exercise transactions in this Form 4 filing.

Radian Group Inc. reported that Sr. EVP, CPO & COO Mary Dickerson received equity-based compensation in the form of restricted stock units (RSUs). She was granted 17,210 performance-based RSUs and 11,290 time-based RSUs, each representing a contingent right to receive one share of common stock.

The time-based RSUs vest in three equal parts on each of the first, second and third anniversaries of May 25, 2026. The performance-based RSUs vest on May 25, 2029, with the actual number of common shares earned ranging between 0 and 34,420 based on Radian’s cumulative growth in LTI Book Value per Share and relative total stockholder return over a three-year performance period, followed by a one-year post-vest holding period.

Positive

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Negative

  • None.
Insider Dickerson Mary
Role Sr. EVP, CPO & COO
Type Security Shares Price Value
Grant/Award Restricted Stock Units - Time-based Award 11,290 $0.00 --
Grant/Award Restricted Stock Units - Performance Award 17,210 $0.00 --
Holdings After Transaction: Restricted Stock Units - Time-based Award — 11,290 shares (Direct, null); Restricted Stock Units - Performance Award — 17,210 shares (Direct, null)
Footnotes (1)
  1. Each RSU represents a contingent right to receive one share of common stock. Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 25, 2026. Not Applicable The number of reported performance-based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award. Vesting of the performance-based RSUs occurs on May 25, 2029 (between 0 and 34,420 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) in comparison to the TSR of each of the companies included in the S&P SmallCap 600 Financials index as of April 1, 2026, in each case over a three-year performance period. Distribution of the shares generally is subject to a one-year post-vest holding period.
Performance-based RSUs granted 17,210 units Grant to Sr. EVP, CPO & COO Mary Dickerson
Time-based RSUs granted 11,290 units Grant to Sr. EVP, CPO & COO Mary Dickerson
Max performance RSU payout 34,420 shares Upper bound based on performance for May 25, 2029 vesting
Time-based RSU vesting start May 25, 2026 First of three annual vesting dates
Performance RSU vesting date May 25, 2029 Single vesting date for performance-based RSUs
Restricted Stock Units financial
"Each RSU represents a contingent right to receive one share of common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based RSUs financial
"Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries"
performance-based RSUs financial
"The number of reported performance-based RSUs represents the target award"
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.
LTI Book Value per Share financial
"based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return"
total stockholder return financial
"Radian's total stockholder return (TSR) in comparison to the TSR of each of the companies"
Total stockholder return is the percentage gain or loss an investor would have experienced over a period from both changes in a stock’s price and any cash payouts such as dividends, assuming those payouts are reinvested in the stock. It matters because it shows the complete financial outcome of owning a share — like measuring both a house’s change in sale value and the rent you collected — and lets investors fairly compare performance across companies and time.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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).
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*
Dickerson Mary
(Last)(First)(Middle)
RADIAN GROUP INC.
550 E. SWEDESFORD ROAD, #350
(Street)
WAYNE PENNSYLVANIA 19087
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
RADIAN GROUP INC [ RDN ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. EVP, CPO & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units - Time-based Award$0(1)05/21/2026A11,29005/25/2029(2) (3)Common Stock11,290(3)11,290(2)D
Restricted Stock Units - Performance Award$0(1)05/21/2026AV17,210(4)05/25/2029 (3)Common Stock17,210(3)17,210(4)(5)D
Explanation of Responses:
1. Each RSU represents a contingent right to receive one share of common stock.
2. Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 25, 2026.
3. Not Applicable
4. The number of reported performance-based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award.
5. Vesting of the performance-based RSUs occurs on May 25, 2029 (between 0 and 34,420 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) in comparison to the TSR of each of the companies included in the S&P SmallCap 600 Financials index as of April 1, 2026, in each case over a three-year performance period. Distribution of the shares generally is subject to a one-year post-vest holding period.
Elizabeth Diffley /s/,Elizabeth Diffley, (POA) Atty-in-fact05/26/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did RDN executive Mary Dickerson report on this Form 4?

Mary Dickerson reported receiving equity awards, not buying or selling shares. She was granted performance-based and time-based restricted stock units (RSUs), each convertible into common stock if vesting conditions tied to time and performance are met.

How many Radian Group (RDN) RSUs were granted to Mary Dickerson?

She received 17,210 performance-based RSUs and 11,290 time-based RSUs. Each RSU represents a contingent right to receive one share of Radian Group common stock if the applicable vesting conditions are satisfied over the specified schedules.

When do Mary Dickerson’s time-based RSUs at Radian Group (RDN) vest?

The time-based RSUs vest pro rata over three years. Vesting occurs on each of the first, second, and third anniversaries of May 25, 2026, assuming continued service and satisfaction of any applicable conditions under the company’s compensation plans.

What determines how many performance-based RSUs Mary Dickerson earns at Radian (RDN)?

The performance-based RSUs can result in 0 to 34,420 shares vesting. Outcomes depend on Radian’s cumulative growth in LTI Book Value per Share and its total stockholder return versus the S&P SmallCap 600 Financials index over a three-year period.

Is there a holding period on Mary Dickerson’s performance-based RDN RSUs after vesting?

Yes. Shares delivered from the performance-based RSUs generally are subject to a one-year post-vest holding period. This means that even after vesting on May 25, 2029, distribution of common shares is generally delayed for an additional year.