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Radian Group (RDN) interim CFO settles RSUs, 5,599 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

Positive

  • None.

Negative

  • None.
Insider Kobell Daniel
Role Sr. EVP, Interim CFO
Type Security Shares Price Value
Exercise Restricted Stock Units - Performance Award 11,186 $0.00 --
Exercise Restricted Stock Units - Time-based Award 1,574 $0.00 --
Exercise Restricted Stock Units - Time-based Award 1,387 $0.00 --
Exercise Restricted Stock Units - Time-based Award 1,413 $0.00 --
Exercise Common Stock 11,186 $0.00 --
Exercise Common Stock 1,574 $0.00 --
Exercise Common Stock 1,387 $0.00 --
Exercise Common Stock 1,413 $0.00 --
Tax Withholding Common Stock 5,599 $36.93 $207K
Holdings After Transaction: Restricted Stock Units - Performance Award — 0 shares (Direct, null); Restricted Stock Units - Time-based Award — 0 shares (Direct, null); Common Stock — 14,497 shares (Direct, null)
Footnotes (1)
  1. Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 17 , 2023. Each RSU represents a contingent right to receive one share of common stock. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 22, 2024. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 21, 2025. 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. Not Applicable.
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
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"
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*
Kobell Daniel
(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, Interim CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026		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
Common Stock05/15/2026M11,186(1)A$0(2)14,497D
Common Stock05/15/2026M1,574(3)A$0(2)16,071D
Common Stock05/15/2026M1,387(4)A$0(2)17,458D
Common Stock05/15/2026M1,413(5)A$0(2)18,871D
Common Stock05/15/2026F5,599(6)D$36.9313,272D
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 - Performance Award(2)05/15/2026M11,186(1)05/15/2026 (7)Common Stock11,186(7)0D
Restricted Stock Units - Time-based Award(2)05/15/2026M1,574(3)05/15/2026 (7)Common Stock1,574(7)0D
Restricted Stock Units - Time-based Award(2)05/15/2026M1,387(4)05/15/2026 (7)Common Stock1,387(7)1,387D
Restricted Stock Units - Time-based Award(2)05/15/2026M1,413(5)05/15/2026 (7)Common Stock1,413(7)2,827D
Explanation of Responses:
1. Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 17 , 2023.
2. Each RSU represents a contingent right to receive one share of common stock.
3. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023.
4. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 22, 2024.
5. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 21, 2025.
6. 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.
7. Not Applicable.
Elizabeth Diffley /s/, Elizabeth Diffley, (POA) Atty-in-fact05/19/2026
** 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 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.

How many Radian Group (RDN) shares did Daniel Kobell receive from RSU vesting?

Daniel Kobell acquired 15,560 shares of Radian common stock when his time-based and performance-based RSUs vested. These RSUs were originally granted in 2023, 2024, and 2025 under the company’s equity incentive plan.

How many Radian Group (RDN) shares were withheld for Daniel Kobell’s taxes?

The company withheld 5,599 shares of Radian common stock to satisfy Daniel Kobell’s tax liabilities from the RSU vesting. The shares were valued at $36.93 per share and are reported with transaction code "F" for tax-withholding disposition.

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.