Radian Group (NYSE: RDN) counsel sells 15,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Radian Group Inc senior executive Edward J. Hoffman, Sr EVP and General Counsel, sold 15,000 shares of the company’s common stock at $37.00 per share in an open-market transaction. Following this sale, he directly owns 108,708 common shares.
The transaction was a pre-arranged sale carried out under a Rule 10b5-1 trading plan that was entered into in December 2025, indicating it was scheduled in advance rather than timed discretionarily. The filing shows no related option exercises or derivative transactions in this event.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,000 shares ($555,000)
Net Sell
1 txn
Insider
Hoffman Edward J
Role
Sr EVP, General Counsel
Sold
15,000 shs ($555K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $37.00 | $555K |
Holdings After Transaction:
Common Stock — 108,708 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 15,000 shares
Sale price: $37.00 per share
Shares owned after sale: 108,708 shares
+1 more
4 metrics
Shares sold
15,000 shares
Open-market sale of common stock on 2026-04-29
Sale price
$37.00 per share
Price for the 15,000 common shares sold
Shares owned after sale
108,708 shares
Direct holdings of common stock following the transaction
Net buy/sell shares
-15,000 shares
Net effect of reported transactions in this Form 4
Key Terms
open-market sale, Rule 10b5-1 trading plan, Sr EVP, General Counsel, non-derivative
4 terms
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.
Rule 10b5-1 trading plan regulatory
"Pre-arranged sale of common stock pursuant to a 10b5-1 trading plan"
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.
Sr EVP, General Counsel financial
"officer_title": "Sr EVP, General Counsel""
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did RDN executive Edward J. Hoffman report?
Edward J. Hoffman reported an open-market sale of 15,000 shares of Radian Group common stock at $37.00 per share. The shares were sold directly and represent part of his personal holdings in the company’s stock.
Was the RDN insider sale by Edward J. Hoffman under a 10b5-1 plan?
Yes. The 15,000-share sale by Edward J. Hoffman was a pre-arranged transaction under a Rule 10b5-1 trading plan entered into in December 2025, indicating the trade was scheduled in advance under preset instructions.
What role does Edward J. Hoffman hold at Radian Group (RDN)?
Edward J. Hoffman serves as Senior Executive Vice President and General Counsel at Radian Group. His position makes him a key insider, so his equity transactions in RDN common stock must be reported publicly on Form 4 with detailed terms.
Did the RDN Form 4 include any option exercises or derivatives?
No. The Form 4 for Edward J. Hoffman reports only a non-derivative open-market sale of common stock. The derivative summary section shows no option exercises, conversions, or other derivative transactions associated with this particular filing.