Radian Group (RDN) director converts 4,837 RSUs to stock with minimal tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RADIAN GROUP INC director Jed Rhoads reported routine equity compensation activity. He exercised 4,837 Restricted Stock Units into the same number of common shares as part of a time-based RSU vesting. To cover state tax withholding obligations, 5 shares were withheld by the company. Following these transactions, Rhoads directly owns 6,147 shares of common stock, and the reported RSU award has been fully converted into shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,837 shares exercised/converted
Mixed
3 txns
Insider
Rhoads Jed
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - Time-based Award | 4,837 | $0.00 | -- |
| Exercise | Common Stock | 4,837 | $0.00 | -- |
| Tax Withholding | Common Stock | 5 | $36.93 | $184.65 |
Holdings After Transaction:
Restricted Stock Units - Time-based Award — 0 shares (Direct, null);
Common Stock — 6,152 shares (Direct, null)
Footnotes (1)
- Vesting of time-based RSUs granted on May 21, 2025. Pursuant to the terms of the Company's equity compensation plan, represents shares withheld by the Company to satisfy state tax withholding obligations. Each RSU represents a contingent right to receive one share of common stock. Not Applicable
Key Figures
RSUs exercised: 4,837 shares
Shares withheld for taxes: 5 shares
Shares owned after transaction: 6,147 shares
+1 more
4 metrics
RSUs exercised
4,837 shares
Time-based Restricted Stock Units converted to common stock
Shares withheld for taxes
5 shares
Withheld by company for state tax obligations
Shares owned after transaction
6,147 shares
Direct ownership of common stock following Form 4 transactions
Exercise transactions
1 transaction, 4,837 shares
Derivative exercise/conversion per transaction summary
Key Terms
Restricted Stock Units - Time-based Award, equity compensation plan, tax withholding obligations, contingent right
4 terms
Restricted Stock Units - Time-based Award financial
"security_title: "Restricted Stock Units - Time-based Award""
equity compensation plan financial
"Pursuant to the terms of the Company's equity compensation plan, represents shares withheld"
A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.
tax withholding obligations financial
"represents shares withheld by the Company to satisfy state tax withholding obligations"
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
FAQ
What insider transaction did Jed Rhoads report at Radian Group (RDN)?
Jed Rhoads reported the vesting and exercise of 4,837 time-based Restricted Stock Units into common shares. As part of the same event, 5 shares were withheld by Radian Group to satisfy state tax withholding obligations under the company’s equity compensation plan.
Were Jed Rhoads’ Radian Group (RDN) transactions open-market buys or sales?
The filing shows no open-market buys or sales. Instead, it records the exercise of 4,837 Restricted Stock Units into common stock and a small 5-share disposition that represents tax withholding, where shares were withheld by the company to satisfy state tax obligations.
What does the RSU vesting for Jed Rhoads at Radian Group (RDN) represent?
The RSU vesting represents a compensation event where each Restricted Stock Unit converted into one common share. In this case, 4,837 time-based RSUs vested and were settled in 4,837 Radian Group common shares, consistent with the company’s equity compensation plan terms.
How were taxes handled in Jed Rhoads’ Radian Group (RDN) Form 4 transaction?
Taxes were handled through share withholding. The filing states that 5 shares of Radian Group common stock were withheld by the company to satisfy state tax withholding obligations, rather than Rhoads selling shares on the open market to cover this tax liability.