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Radian Group (NYSE: RDN) Sr. EVP reports RSU vesting and tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Radian Group Inc. senior executive Robert Quigley reported RSU vesting and related tax withholding on May 15, 2026. The filing shows 18,647 shares of common stock acquired through exercises or conversions of restricted stock units, while 8,052 shares were disposed of at $36.93 per share to cover tax liabilities.

All activity reflects equity incentive awards and associated tax payments, with no open‑market purchases or sales reported.

Positive

  • None.

Negative

  • None.
Insider Quigley Robert
Role Sr. EVP, CAO
Type Security Shares Price Value
Exercise Restricted Stock Units - Performance Award 13,805 $0.00 --
Exercise Restricted Stock Units - Time-based Award 1,574 $0.00 --
Exercise Restricted Stock Units - Time-based Award 1,387 $0.00 --
Exercise Restricted Stock Units - Time-based Award 1,413 $0.00 --
Exercise Restricted Stock Units - Performance Award 468 $0.00 --
Exercise Common Stock 13,805 $0.00 --
Exercise Common Stock 1,574 $0.00 --
Exercise Common Stock 1,387 $0.00 --
Exercise Common Stock 1,413 $0.00 --
Exercise Common Stock 468 $0.00 --
Tax Withholding Common Stock 8,052 $36.93 $297K
Holdings After Transaction: Restricted Stock Units - Performance Award — 0 shares (Direct, null); Restricted Stock Units - Time-based Award — 0 shares (Direct, null); Common Stock — 78,433 shares (Direct, null)
Footnotes (1)
  1. Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 11, 2022, which vested on May 15, 2025 subject to a one-year post-vest hold. Each RSU represents a contingent right to receive one share of common stock. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 22, 2024. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 21, 2025. Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 17, 2023, which are subject to a one-year post vest holding period. Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon: (a) the distribution of the time-based RSUs granted on May 17, 2023, May 22, 2024, and May 21, 2025; (b) the vesting of 11,707 performance-based RSUs granted May 17, 2023, net of which remain subject to a one year post-vest hold; and (c) the distribution of the performance-based RSUs granted May 11, 2022, following completion of the one-year hold period after vesting of the RSUs. Not Applicable Vesting occurred on May 15, 2026, based on satisfaction of performance metrics. Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 11,707 performance-based RSUs granted May 17, 2023.
Shares acquired via RSU exercises 18,647 shares Total exercise/conversion shares reported in transaction summary
Shares withheld for taxes 8,052 shares Tax withholding shares in transaction summary
Tax withholding price $36.93 per share Price for 8,052-share tax-withholding disposition
Performance RSUs converted 13,805 units Performance-based RSUs converted to common stock in one transaction
Performance RSUs remaining 11,239 units Performance-based RSUs balance after transactions
Time-based RSUs remaining 2,827 units Time-based RSUs balance after transactions
Restricted Stock Units - Performance Award financial
"security_title: "Restricted Stock Units - Performance Award""
Restricted Stock Units - Time-based Award financial
"security_title: "Restricted Stock Units - Time-based Award""
equity incentive plan financial
"Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability..."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
performance-based RSUs financial
"Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 11, 2022..."
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
time-based RSUs financial
"Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023."
tax liability financial
"represents shares withheld by the Company to satisfy the tax liability incurred upon the vesting..."
SEC Form 4
FORM 4UNITED 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*
Quigley Robert

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. EVP, CAO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/15/2026M13,805(1)A$0(2)78,433D
Common Stock05/15/2026M1,574(3)A$0(2)80,007D
Common Stock05/15/2026M1,387(4)A$0(2)81,394D
Common Stock05/15/2026M1,413(5)A$0(2)82,807D
Common Stock05/15/2026M468(6)A$0(2)83,275D
Common Stock05/15/2026F8,052(7)D$36.9375,223D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units - Performance Award(2)05/15/2026M13,805(1)05/15/2026 (8)Common Stock13,805(8)0D
Restricted Stock Units - Time-based Award(2)05/15/2026M1,574(3)05/15/2026 (8)Common Stock1,574(8)0D
Restricted Stock Units - Time-based Award(2)05/15/2026M1,387(4)05/15/2026 (8)Common Stock1,387(8)1,387D
Restricted Stock Units - Time-based Award(2)05/15/2026M1,413(5)05/15/2026 (8)Common Stock1,413(8)2,827D
Restricted Stock Units - Performance Award(2)05/15/2026M468(6)05/15/2026(9) (8)Common Stock468(8)11,239(10)D
Explanation of Responses:
1. Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 11, 2022, which vested on May 15, 2025 subject to a one-year post-vest hold.
2. Each RSU represents a contingent right to receive one share of common stock.
3. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023.
4. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 22, 2024.
5. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 21, 2025.
6. Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 17, 2023, which are subject to a one-year post vest holding period.
7. Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon: (a) the distribution of the time-based RSUs granted on May 17, 2023, May 22, 2024, and May 21, 2025; (b) the vesting of 11,707 performance-based RSUs granted May 17, 2023, net of which remain subject to a one year post-vest hold; and (c) the distribution of the performance-based RSUs granted May 11, 2022, following completion of the one-year hold period after vesting of the RSUs.
8. Not Applicable
9. Vesting occurred on May 15, 2026, based on satisfaction of performance metrics.
10. Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 11,707 performance-based RSUs granted May 17, 2023.
Elizabeth Diffley /s/, Elizabeth Diffley, (POA) Atty-in-fact05/19/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did Radian Group (RDN) report for Robert Quigley?

Radian Group reported that Sr. EVP and CAO Robert Quigley acquired common shares through vesting of restricted stock units and disposed of shares only to cover tax liabilities, reflecting routine equity compensation activity rather than open‑market buying or selling.

How many Radian Group (RDN) shares vested for Robert Quigley in this Form 4?

The Form 4 shows 18,647 shares of Radian Group common stock acquired via exercises or conversions of restricted stock units. These came from a mix of performance-based and time-based RSU awards that vested according to the company’s equity incentive plan terms.

Why were 8,052 Radian Group (RDN) shares disposed of in Quigley’s Form 4?

The 8,052 shares were disposed of solely to satisfy tax liabilities triggered by RSU vesting. Footnotes explain these shares were withheld or distributed under Radian Group’s equity incentive plan, rather than sold in an open‑market transaction by the executive.

Were Robert Quigley’s Radian Group (RDN) transactions open‑market buys or sells?

No open‑market buys or sells are reported. The filing categorizes all acquisitions as derivative exercises or conversions of restricted stock units, and the only disposition is a tax‑withholding event under transaction code F, used to cover equity award tax obligations.

What types of RSU awards vested for Radian Group (RDN) executive Robert Quigley?

The transactions involve both time-based and performance-based restricted stock units. Footnotes describe RSUs granted in 2022, 2023, 2024, and 2025, which vested after meeting performance metrics or service conditions, in some cases followed by a one‑year post‑vest holding period.

Does Robert Quigley still hold unvested Radian Group (RDN) RSUs after this filing?

The derivative section shows remaining RSU balances of 11,239 performance-based units and 2,827 time-based units after the reported conversions. These awards continue as derivative holdings until they vest or are otherwise settled under the company’s equity incentive plan.