Radian Group (RDN) director RSUs vest into 8,616 shares with 4 withheld for taxes

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Radian Group Inc. director Howard Bernard CULANG reported routine equity compensation activity. On May 15, 2026, time-based restricted stock units vested, converting into 8,616 shares of common stock, each RSU representing one share. The company withheld 4 shares to cover state tax obligations under its equity compensation plan. After these transactions, CULANG directly held 16,662 common shares.

Insider Trade Summary

8,616 shares exercised/converted

Mixed 3 txns

Insider CULANG HOWARD BERNARD

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units - Time-based Award	8,616	$0.00	--
Exercise	Common Stock	8,616	$0.00	--
Tax Withholding	Common Stock	4	$0.00	--

Holdings After Transaction: Restricted Stock Units - Time-based Award — 0 shares (Direct, null); Common Stock — 16,666 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

RSU shares vested: 8,616 shares Shares withheld for taxes: 4 shares Shares held after transactions: 16,662 shares +2 more

5 metrics

RSU shares vested 8,616 shares Time-based RSUs converted to common stock on May 15, 2026

Shares withheld for taxes 4 shares Withheld to satisfy state tax obligations on May 15, 2026

Shares held after transactions 16,662 shares Direct common stock holdings following Form 4 transactions

Derivative exercises 1 exercise, 8,616 shares RSU-to-common stock conversion summarized in transactionSummary

Tax-withholding disposition 1 transaction, 4 shares Non-market disposition classified as tax withholding (code F)

Key Terms

Restricted Stock Units, equity compensation plan, tax withholding obligations, derivative exercise/conversion, +1 more

5 terms

Restricted Stock Units financial

"Security title listed as "Restricted Stock Units - Time-based Award" converting into common stock"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

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"

derivative exercise/conversion financial

"transaction_action is described as derivative exercise/conversion for RSU transactions"

Form 4 regulatory

"INSIDER FILING DATA (Form 4) summarizes these Radian Group transactions"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 06:37 PM

SEC Form 4

FORM 4

UNITED 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)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Non-Exec Chairman of the Board

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/15/2026		M		8,616⁽¹⁾	A	$0	16,666	D
Common Stock	05/15/2026		F		4⁽²⁾	D	$0	16,662	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units - Time-based Award	$0⁽³⁾	05/15/2026		M			8,616⁽¹⁾	05/15/2026	⁽⁴⁾	Common Stock	8,616	⁽⁴⁾	0	D

Explanation of Responses:

1. Vesting of time-based RSUs granted on May 21, 2025.

2. Pursuant to the terms of the Company's equity compensation plan, represents shares withheld by the Company to satisfy state tax withholding obligations.

3. Each RSU represents a contingent right to receive one share of common stock.

4. Not Applicable

	Elizabeth Diffley /s/, Elizabeth Diffley, (POA) Atty-in-fact	05/19/2026
	** Signature of Reporting Person	Date
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 Howard Bernard CULANG?

Radian Group reported routine RSU vesting and tax withholding for director Howard Bernard CULANG. On May 15, 2026, 8,616 restricted stock units converted into common shares, and 4 shares were withheld to satisfy state tax obligations under the equity compensation plan.

How many Radian Group (RDN) shares did Howard Bernard CULANG acquire in this Form 4?

Howard Bernard CULANG acquired 8,616 shares of Radian Group common stock through RSU vesting. These shares resulted from time-based restricted stock units, with each RSU representing a contingent right to receive one share of common stock upon vesting.

Were any Radian Group (RDN) shares sold in this Form 4 filing?

No open-market sales were reported; only a small tax-withholding disposition occurred. The company withheld 4 shares of common stock to satisfy state tax obligations related to the vesting of time-based restricted stock units held by director Howard Bernard CULANG.

What is the nature of the restricted stock units reported by Radian Group (RDN)?

The restricted stock units are time-based awards that vest into Radian Group common shares. Each RSU represents a contingent right to receive one share of common stock, vesting under the company’s equity compensation plan as described in the Form 4 footnotes.

How many Radian Group (RDN) shares does Howard Bernard CULANG hold after these transactions?

After the reported transactions, Howard Bernard CULANG directly holds 16,662 Radian Group common shares. This reflects the net position following the 8,616-share RSU conversion and the withholding of 4 shares for state tax obligations under the equity compensation plan.

What does the tax-withholding entry mean in Radian Group (RDN)’s Form 4?

The tax-withholding entry reflects shares retained by the company to pay taxes. Specifically, 4 common shares were withheld pursuant to the equity compensation plan to satisfy state tax withholding obligations triggered by the vesting of time-based restricted stock units.