Planned sale: Radian (RDN) counsel sells 13,009 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Radian Group Inc. senior executive vice president and general counsel Edward J. Hoffman sold 13,009 shares of common stock in an open-market transaction at $35.00 per share on April 17, 2026.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan, and Hoffman now directly holds 138,708 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 13,009 shares ($455,315)
Net Sell
1 txn
Insider
Hoffman Edward J
Role
Sr EVP, General Counsel
Sold
13,009 shs ($455K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,009 | $35.00 | $455K |
Holdings After Transaction:
Common Stock — 138,708 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 13,009 shares
Sale price: $35.00 per share
Shares held after transaction: 138,708 shares
3 metrics
Shares sold
13,009 shares
Open-market sale on April 17, 2026
Sale price
$35.00 per share
Price for the 13,009 shares sold
Shares held after transaction
138,708 shares
Direct ownership following the reported sale
Key Terms
open-market sale, Rule 10b5-1 trading plan, Form 4
3 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Rule 10b5-1 trading plan regulatory
"Pre-arranged sale of common stock pursuant to a 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Radian Group (RDN) report for Edward J. Hoffman?
Radian Group reported that Edward J. Hoffman sold 13,009 shares of common stock. The transaction occurred on April 17, 2026 at $35.00 per share in an open-market sale executed under a pre-arranged Rule 10b5-1 trading plan.
Was Edward J. Hoffman’s Radian Group (RDN) stock sale part of a 10b5-1 plan?
Yes. The transaction was described as a pre-arranged sale of common stock pursuant to a Rule 10b5-1 trading plan. Such plans allow insiders to schedule trades in advance, helping separate transaction timing from day-to-day corporate developments.
What role does Edward J. Hoffman hold at Radian Group (RDN)?
Edward J. Hoffman serves as senior executive vice president and general counsel at Radian Group. His role combines senior leadership responsibilities with oversight of the company’s legal affairs, making his equity ownership and transactions of interest to some shareholders.