Radian GC exercises options, sells 15K shares
Radian Group Sr EVP and General Counsel Edward J. Hoffman exercised stock options and sold shares of common stock.
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Form Type
4
Rhea-AI Filing Summary
Radian Group Sr EVP and General Counsel Edward J. Hoffman exercised stock options and sold shares of common stock. He exercised 12,880 shares at $12.16 per share from a stock option award expiring on May 8, 2026, with 7,840 shares withheld to cover option cost and taxes. On the same date, he sold 15,000 shares at $38.00 per share in an open-market transaction under a pre-arranged Rule 10b5-1 trading plan, and held 93,708 shares afterward.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Hoffman Edward J
Role
Sr EVP, General Counsel
Sold
15,000 shs ($570K)
Approx. gross sale proceeds
$570K
Approx. exercise cost
$157K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option - Performance Award | 12,880 | $0.00 | $0.00 |
| Sale | Common Stock | 15,000 | $38.00 | $570K |
| Exercise | Common Stock | 12,880 | $12.16 | $157K |
| Exercise Price or Tax Liability | Common Stock | 7,840 | $38.06 | $298K |
Holdings After Transaction:
Stock Option - Performance Award — 0 contracts (Direct);
Common Stock — 98,748 shares (Direct)
Footnotes (4)
- F1. Pre-arranged sale of common stock pursuant to a 10b5-1 trading plan entered into in December 2025.
- F2. Stock option exercise of an award expiring May 8, 2026.
- F3. Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the option cost and tax liability due upon the exercise of the stock option award expiring on May 8, 2026.
- F4. Not Applicable
Key Figures
Open-market sale: 15,000 shares at $38.00
Options exercised: 12,880 shares at $12.16
Tax withholding shares: 7,840 shares at $38.06
+3 more
6 metrics
Open-market sale
15,000 shares at $38.00
Common stock sale on May 8, 2026
Options exercised
12,880 shares at $12.16
Stock option performance award exercise
Tax withholding shares
7,840 shares at $38.06
Shares withheld to cover option cost and taxes
Shares held after transactions
93,708 shares
Direct ownership after May 8, 2026 trades
Option expiration date
May 8, 2026
Stock option award fully exercised
10b5-1 sale plan date
December 2025
Date 10b5-1 trading plan was entered into
Key Terms
Rule 10b5-1 trading plan, stock option exercise, equity incentive plan, tax liability, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"Pre-arranged sale of common stock pursuant to a 10b5-1 trading plan entered into in December 2025."
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.
stock option exercise financial
"Stock option exercise of an award expiring May 8, 2026."
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
equity incentive plan financial
"Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the option cost and 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.
tax liability financial
"represents shares withheld by the Company to satisfy the option cost and tax liability due upon the exercise of the stock option award"
open-market sale financial
"Sale in open market or private transaction"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Radian Group (RDN) executive Edward J. Hoffman do in this Form 4?
Edward J. Hoffman exercised stock options for 12,880 Radian Group shares and sold 15,000 shares in the open market. The transactions were part of normal equity compensation activity, with some shares withheld to cover option cost and taxes.
What stock options did Edward J. Hoffman exercise in Radian Group (RDN)?
He exercised options covering 12,880 Radian Group common shares at an exercise price of $12.16 per share. The options were a stock option performance award that was scheduled to expire on May 8, 2026, and were fully exercised in this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
