Radian CFO settles RSUs, 5,599 shares withheld
Radian Group Inc.'s Sr.
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Form Type
4
Rhea-AI Filing Summary
Radian Group Inc.'s Sr. EVP and Interim CFO Daniel Kobell reported routine equity compensation activity. On May 15, 2026, he acquired 15,560 shares of common stock through the vesting and conversion of time-based and performance-based restricted stock units granted in 2023, 2024, and 2025.
To cover related tax obligations, the company withheld 5,599 shares at $36.93 per share, a non-market, tax-withholding disposition coded "F." Following these transactions, Kobell directly holds 13,272 shares of Radian common stock, and the RSU awards reflected here have been fully settled.
Insider Trade Summary
15,560 shares exercised/converted
Exercise
9 txns
Insider
Kobell Daniel
Role
Sr. EVP, Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - Performance Award | 11,186 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - Time-based Award | 1,574 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - Time-based Award | 1,387 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - Time-based Award | 1,413 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,186 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,574 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,387 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,413 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,599 | $36.93 | $207K |
Holdings After Transaction:
Restricted Stock Units - Performance Award — 0 contracts (Direct);
Restricted Stock Units - Time-based Award — 4,214 contracts (Direct);
Common Stock — 13,272 shares (Direct)
Footnotes (7)
- F1. Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 17 , 2023.
- F2. Each RSU represents a contingent right to receive one share of common stock.
- F3. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023.
- F4. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 22, 2024.
- F5. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 21, 2025.
- F6. 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 11,186 performance-based RSUs granted May 17, 2023.
- F7. Not Applicable.
Key Figures
RSU shares vested: 15,560 shares
Shares withheld for taxes: 5,599 shares
Withholding price: $36.93 per share
+3 more
6 metrics
RSU shares vested
15,560 shares
Total shares acquired through derivative exercises on May 15, 2026
Shares withheld for taxes
5,599 shares
Tax-withholding disposition at $36.93 per share
Withholding price
$36.93 per share
Value used for tax-withholding disposition of 5,599 shares
Post-transaction holdings
13,272 shares
Common stock directly owned after reported transactions
Performance RSUs vested
11,186 units
Performance-based RSUs granted May 17, 2023 that vested
Time-based RSU tranche
1,574 units
One-third of time-based RSUs granted May 21, 2025 that vested
Key Terms
Restricted Stock Units - Time-based Award, Restricted Stock Units - Performance Award, performance-based RSUs, equity incentive plan, +1 more
5 terms
Restricted Stock Units - Time-based Award financial
"security_title: "Restricted Stock Units - Time-based Award" with underlying common stock"
Restricted Stock Units - Performance Award financial
"security_title: "Restricted Stock Units - Performance Award" converting into common stock"
performance-based RSUs financial
"Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 17 , 2023."
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.
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 incurred"
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.
tax liability financial
"represents shares withheld by the Company to satisfy the tax liability incurred upon the distribution and vesting of RSUs"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Radian Group (RDN) report for Daniel Kobell?
Radian Group reported that Sr. EVP and Interim CFO Daniel Kobell received common shares from vesting RSUs and had shares withheld for taxes. The activity reflects equity compensation settlement, not an open-market purchase or sale of RDN stock.
What are Daniel Kobell’s Radian Group (RDN) holdings after these Form 4 transactions?
After the reported RSU vesting and tax withholding, Daniel Kobell directly holds 13,272 shares of Radian Group common stock. This figure reflects his position following the equity award settlements disclosed in the Form 4 filing.
Were Daniel Kobell’s Radian Group (RDN) transactions open-market buys or sells?
The transactions were not open-market buys or sells. They involved RSUs converting into common stock, reported with code "M," and a tax-withholding disposition reported with code "F," where the company retained shares to cover Kobell’s tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
