STOCK TITAN

Radian Group (RDN) chair trims stake with 3,612-share open-market sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Radian Group Inc.’s non-executive chairman, Howard Bernard Culiang, reported an open-market sale of 3,612 shares of common stock at $36.00 per share on May 27, 2026. After this transaction, he directly owns 8,050 Radian Group shares, indicating a partial reduction of his personal stake.

Positive

  • None.

Negative

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Insider CULANG HOWARD BERNARD
Role null
Sold 3,612 shs ($130K)
Type Security Shares Price Value
Sale Common Stock 3,612 $36.00 $130K
Holdings After Transaction: Common Stock — 8,050 shares (Direct, null)
Footnotes (1)
Shares sold 3,612 shares Open-market sale of common stock on May 27, 2026
Sale price $36.00 per share Price for the 3,612 common shares sold
Shares owned after sale 8,050 shares Direct ownership following the reported transaction
Net shares sold 3,612 shares Net-sell direction per transaction summary
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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type: "non-derivative""
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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*
CULANG HOWARD BERNARD

(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)
XDirector10% Owner
Officer (give title below)XOther (specify below)
Non-Exec Chairman of the Board
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
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 Stock05/27/2026S3,612D$368,050D
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
Explanation of Responses:
Elizabeth Diffley /s/, Elizabeth Diffley, (POA) Atty-in-fact05/28/2026
** 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)

FAQ

What insider transaction did Radian Group (RDN) report for Howard Bernard Culiang?

Radian Group reported that non-executive chairman Howard Bernard Culiang sold 3,612 shares of common stock. The transaction was an open-market sale at $36.00 per share, reducing but not eliminating his direct ownership position in the company.

At what price did Howard Bernard Culiang sell Radian Group (RDN) shares?

Howard Bernard Culiang sold his Radian Group common stock at $36.00 per share. This price applied to 3,612 shares in an open-market sale, as disclosed in the Form 4 insider trading report filed with regulators.

How many Radian Group (RDN) shares does Howard Bernard Culiang own after the sale?

After the reported sale, Howard Bernard Culiang directly owns 8,050 Radian Group shares. This figure reflects his remaining stake following the disposal of 3,612 common shares in an open-market transaction on May 27, 2026.

Was the Radian Group (RDN) insider transaction a purchase or a sale?

The transaction was a sale. Howard Bernard Culiang executed an open-market sale of 3,612 Radian Group common shares at $36.00 per share, as indicated by transaction code “S” and the sell classification in the Form 4 data.

What does transaction code “S” mean in the Radian Group (RDN) Form 4 filing?

Transaction code “S” in the Radian Group Form 4 indicates a sale of securities. In this case, it reflects Howard Bernard Culiang’s open-market sale of 3,612 common shares at $36.00 each, reducing his directly held position to 8,050 shares.