Radian exec exercises RSUs, withholds shares for tax
Radian Group Inc. senior executive Edward J. Hoffman reported compensation-related equity activity in company stock.
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Form Type
4
Rhea-AI Filing Summary
Radian Group Inc. senior executive Edward J. Hoffman reported compensation-related equity activity in company stock. On May 15, 2026, he exercised previously granted performance-based and time-based restricted stock units, receiving 82,363 shares of common stock, each RSU converting into one share.
To cover tax obligations triggered by these vesting events, 34,568 shares of common stock were disposed of at $36.93 per share through share withholding under the company’s equity incentive plan. The filing shows routine RSU vesting, exercises, and tax-withholding dispositions rather than open-market purchases or sales.
Insider Trade Summary
82,363 shares exercised/converted
Exercise
11 txns
Insider
Hoffman Edward J
Role
Sr EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - Performance Award | 63,251 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - Time-based Award | 6,294 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - Time-based Award | 5,537 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - Time-based Award | 5,443 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - Performance Award | 1,838 | $0.00 | $0.00 |
| Exercise | Common Stock | 63,251 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,294 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,537 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,443 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,838 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 34,568 | $36.93 | $1.28M |
Holdings After Transaction:
Restricted Stock Units - Performance Award — 44,961 contracts (Direct);
Restricted Stock Units - Time-based Award — 16,424 contracts (Direct);
Common Stock — 146,543 shares (Direct)
Footnotes (10)
- F1. Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 11, 2022, which vested on May 15, 2025 subject to a one-year post-vest hold.
- 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 the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 17, 2023, which are subject to a one-year post vest holding period.
- F7. 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 46,799 performance-based RSUs granted May 17, 2023, net of which remain subject to a one year post-vest hold; and (c) the distribution of the performance-based RSUs granted May 11, 2022, following completion of the one-year hold period after vesting of the RSUs.
- F8. Not Applicable
- F9. Vesting occurred on May 15, 2026, based on satisfaction of performance metrics.
- F10. Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 46,799 performance-based RSUs granted May 17, 2023.
Key Figures
RSU shares exercised: 82,363 shares
Shares withheld for taxes: 34,568 shares
Tax-withholding price: $36.93 per share
+3 more
6 metrics
RSU shares exercised
82,363 shares
Exercise or conversion of derivative securities reported in transactionSummary
Shares withheld for taxes
34,568 shares
Tax-withholding disposition under equity incentive plan
Tax-withholding price
$36.93 per share
Price for 34,568-share tax-withholding disposition
Transaction date
May 15, 2026
Date for all reported RSU vesting and related transactions
Performance RSUs exercised
63,251 shares
Performance-based RSUs converted into common stock
Time-based RSUs exercised (example)
6,294 shares
Time-based RSUs converted into common stock on May 15, 2026
Key Terms
Restricted Stock Units - Performance Award, Restricted Stock Units - Time-based Award, equity incentive plan, performance-based RSUs, +1 more
5 terms
Restricted Stock Units - Performance Award financial
"security_title: "Restricted Stock Units - Performance Award""
Restricted Stock Units - Time-based Award financial
"security_title: "Restricted Stock Units - Time-based Award""
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..."
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.
performance-based RSUs financial
"Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 11, 2022..."
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.
time-based RSUs financial
"Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Radian Group (RDN) report for Edward J. Hoffman?
Radian Group reported that senior executive Edward J. Hoffman exercised vested restricted stock units into common shares and had shares withheld to cover taxes. These actions reflect routine equity compensation vesting rather than open-market buying or selling of RDN stock.
What types of RSU awards vested for Edward J. Hoffman at Radian Group (RDN)?
Both performance-based and time-based restricted stock unit awards vested. The filing notes distributions from performance-based RSUs granted in 2022 and 2023, and time-based RSUs granted in 2023, 2024, and 2025, each converting into common stock upon vesting.
Were Edward J. Hoffman’s Radian Group (RDN) transactions open-market trades?
No. The transactions relate to RSU vesting and associated tax-withholding dispositions under Radian Group’s equity incentive plan. The Form 4 shows derivative exercises and share withholding, not open-market purchases or sales initiated on a stock exchange.
Do any of Hoffman’s Radian Group (RDN) RSU awards have post-vest holding requirements?
Yes. Footnotes state certain performance-based RSUs are subject to a one-year post-vest holding period after vesting, meaning some shares received upon vesting must be held for an additional year before they can be freely transferred.
AI-generated analysis. How Rhea-AI works. Not financial advice.
