Radian Group (RDN) director awarded 4,300 time-based RSUs
Rhea-AI Filing Summary
Conner Brad L. reported acquisition or exercise transactions in this Form 4 filing.
Radian Group Inc. reported that director Brad L. Conner received a grant of 4,300 time-based restricted stock units (RSUs) as an annual equity award for non-employee directors. Each RSU represents a contingent right to receive one share of common stock and will vest on May 25, 2027, subject to the award’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Conner Brad L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - Time-based Award | 4,300 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units - Time-based Award — 4,300 shares (Direct)
Footnotes (4)
- F1. Each RSU represents a contingent right to receive one share of common stock.
- F2. Award represents an annual equity award to non-employee directors.
- F3. The time-based RSUs vest on May 25, 2027.
- F4. Not Applicable
Key Figures
RSUs granted: 4,300 units
Transaction price per RSU: $0.00
Underlying common shares: 4,300 shares
+3 more
6 metrics
RSUs granted
4,300 units
Time-based award to non-employee director
Transaction price per RSU
$0.00
Equity compensation grant, no cash paid by director
Underlying common shares
4,300 shares
Each RSU represents one share of common stock
Total RSUs after transaction
4,300 units
Holdings following the grant
RSU vesting date
May 25, 2027
Time-based RSUs vest on this date
Transaction date
May 21, 2026
Grant date of RSU award
Key Terms
Restricted Stock Units, time-based RSUs, annual equity award, contingent right
4 terms
Restricted Stock Units financial
"Restricted Stock Units - Time-based Award"
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
"The time-based RSUs vest on May 25, 2027."
annual equity award financial
"Award represents an annual equity award to non-employee directors."
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Radian Group (RDN) disclose about Brad L. Conner in this Form 4?
Radian Group reported that director Brad L. Conner received 4,300 time-based restricted stock units as an annual equity award. These RSUs are a form of stock-based compensation that convert into common shares if vesting conditions are met.
How many restricted stock units did the Radian Group (RDN) director receive?
Brad L. Conner received 4,300 restricted stock units in this grant. The award is described as an annual equity grant for non-employee directors and represents a contingent right to receive an equal number of Radian common shares upon vesting.
When do Brad L. Conner’s Radian Group (RDN) RSUs vest?
The time-based RSUs granted to Brad L. Conner vest on May 25, 2027. Vesting means the units convert into common shares if the service and other award conditions are satisfied through that date, aligning director compensation with long-term shareholder interests.
What does each Radian Group (RDN) restricted stock unit represent in this filing?
Each restricted stock unit represents a contingent right to receive one share of Radian common stock. The units have no exercise price and convert into shares only if the vesting requirements, including continued service to the company, are fulfilled by the vesting date.
Was the Radian Group (RDN) RSU grant to Brad L. Conner an open-market purchase?
No, the RSU grant was not an open-market purchase. It is categorized as a grant or award acquisition, part of Radian’s equity compensation for non-employee directors, with a transaction price per unit of $0.00 and no immediate cash outlay by the director.
How many Radian Group (RDN) derivative securities does Brad L. Conner hold after this grant?
Following this transaction, Brad L. Conner is shown holding 4,300 derivative securities in the form of restricted stock units. These RSUs will convert into an equal number of common shares if they vest on May 25, 2027 under the terms of the award.