Radian Group (RDN) awards 3,427 restricted stock units to director McCarthy
Rhea-AI Filing Summary
McCarthy Barry C reported acquisition or exercise transactions in this Form 4 filing.
RADIAN GROUP INC reported that director Barry C. McCarthy received a grant of 3,427 Restricted Stock Units as a prorated annual equity award for a non-employee director. Each RSU represents a contingent right to receive one share of common stock and will vest on May 25, 2027, resulting in direct beneficial ownership of 3,427 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McCarthy Barry C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - Time-based Award F1, F2, F4, F3 | 3,427 | -- | -- |
Holdings After Transaction:
Restricted Stock Units - Time-based Award — 3,427 shares (Direct)
Footnotes (4)
- F1. Each RSU represents a contingent right to receive one share of common stock.
- F2. Award represents a prorated annual equity award to a non-employee director.
- F3. Time-based RSUs vest on May 25, 2027.
- F4. Not Applicable.
Key Figures
RSUs granted: 3,427 units
Conversion or exercise price: $0.00 per unit
Vesting date: May 25, 2027
+1 more
4 metrics
RSUs granted
3,427 units
Prorated annual equity award to non-employee director Barry C. McCarthy
Conversion or exercise price
$0.00 per unit
Conversion or exercise price for the time-based RSU award
Vesting date
May 25, 2027
Time-based RSUs vest on May 25, 2027
Holdings after transaction
3,427 RSUs
Total Restricted Stock Units directly owned following the award
Key Terms
Restricted Stock Units, time-based RSUs, contingent right, non-employee director
4 terms
Restricted Stock Units financial
"Each RSU represents a contingent right to receive one share of 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.
time-based RSUs financial
"Time-based RSUs vest on May 25, 2027."
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
non-employee director financial
"Award represents a prorated annual equity award to a non-employee director."
FAQ
What equity award did Barry C. McCarthy receive from RADIAN GROUP INC (RDN)?
Barry C. McCarthy received 3,427 Restricted Stock Units from RADIAN GROUP INC as a prorated annual equity award for a non-employee director. Each RSU is a contingent right to receive one share of the company’s common stock, subject to vesting conditions.
When do Barry C. McCarthy’s new RSUs at RADIAN GROUP INC (RDN) vest?
The time-based RSUs granted to Barry C. McCarthy vest on May 25, 2027. Vesting means the RSUs convert into shares of common stock on that date, assuming applicable service or other conditions have been satisfied according to the award terms.
Is Barry C. McCarthy’s Form 4 transaction in RDN a purchase or a compensation award?
The Form 4 reports a grant or award acquisition of 3,427 RSUs, not an open-market purchase or sale. It reflects equity-based compensation for service as a non-employee director rather than a discretionary trade in RADIAN GROUP INC shares.
What is the exercise or conversion price of Barry C. McCarthy’s RSUs at RADIAN GROUP INC (RDN)?
The reported conversion or exercise price for the RSUs is $0.00 per unit. This reflects typical restricted stock unit mechanics, where shares are delivered upon vesting without an additional cash exercise price, subject to any withholding obligations under the plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.