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  4. [Form 4] RADIAN GROUP INC Insider Trading Activity

Radian Group (RDN) director Fawad Ahmad vests 4,837 RSUs and has 5 shares withheld for taxes

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

Rhea-AI Filing Summary

Radian Group Inc. director Fawad Ahmad reported routine equity compensation activity. On May 15, 2026, time-based restricted stock units (RSUs) granted on May 21, 2025 vested, converting into 4,837 shares of common stock. Each RSU represented a contingent right to receive one common share.

In connection with this vesting, the company withheld 5 shares of common stock at $36.93 per share to satisfy state tax withholding obligations, a non–open-market disposition reported with transaction code F. Following these transactions, Ahmad directly holds 15,815 shares of Radian Group common stock. There were no open-market purchases or sales disclosed.

Positive

  • None.

Negative

  • None.
Insider Ahmad Fawad
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units - Time-based Award 4,837 $0.00 --
Exercise Common Stock 4,837 $0.00 --
Tax Withholding Common Stock 5 $36.93 $184.65
Holdings After Transaction: Restricted Stock Units - Time-based Award — 0 shares (Direct, null); Common Stock — 15,820 shares (Direct, null)
Footnotes (1)
  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
RSUs vested 4,837 shares Time-based RSUs vested on May 15, 2026
Shares withheld for taxes 5 shares Withheld to satisfy state tax obligations
Tax withholding price $36.93 per share Value used for 5 withheld shares
Shares owned after transactions 15,815 shares Common stock directly held after May 15, 2026
Derivative exercises 1 transaction, 4,837 shares Exercise/conversion of time-based RSUs
Tax-withholding transactions 1 transaction, 5 shares Payment of state tax via share withholding
Restricted Stock Units - Time-based Award financial
"security_title: "Restricted Stock Units - Time-based Award""
time-based RSUs financial
"Vesting of time-based RSUs granted on May 21, 2025."
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
"shares withheld by the Company to satisfy state tax withholding obligations."
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for RSU vesting"
Form 4 Insider Transactions: What Each Field Means →
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*
Ahmad Fawad
(Last)(First)(Middle)
C/O RADIAN GROUP INC.
550 E. SWEDESFORD RD., #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)
XDirector10% Owner
Officer (give title below)Other (specify below)
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 Stock05/15/2026M4,837(1)A$015,820D
Common Stock05/15/2026F5(2)D$36.9315,815D
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 - Time-based Award$0(3)05/15/2026M4,837(1)05/15/2026 (4)Common Stock4,837(4)0D
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-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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Radian Group (RDN) director Fawad Ahmad report?

Director Fawad Ahmad reported vesting of time-based RSUs converting into 4,837 common shares, plus a small share withholding for taxes. These transactions reflect routine equity compensation rather than open-market buying or selling activity.

How many Radian Group (RDN) shares did Ahmad acquire through RSU vesting?

Ahmad acquired 4,837 shares of Radian Group common stock when time-based RSUs vested. Each RSU represented a contingent right to receive one share, and the vesting reflects a scheduled equity compensation event under the company’s plan.

Why were some Radian Group (RDN) shares withheld in Ahmad’s Form 4 filing?

The filing shows 5 shares of Radian Group common stock were withheld at $36.93 per share to satisfy state tax withholding obligations. This tax-withholding disposition is not an open-market sale but an automatic plan feature.

Did Fawad Ahmad buy or sell Radian Group (RDN) shares on the open market?

No open-market purchases or sales are disclosed. The Form 4 reports RSU vesting into 4,837 shares and withholding of 5 shares for taxes, both routine compensation-related entries rather than discretionary market trades.

How many Radian Group (RDN) shares does Ahmad hold after these transactions?

After the RSU vesting and tax withholding, Ahmad directly holds 15,815 shares of Radian Group common stock. This total reflects his updated direct ownership following the compensation-related transactions reported on May 15, 2026.

What do the RSUs in the Radian Group (RDN) Form 4 represent?

The restricted stock units are time-based awards where each RSU represents one common share upon vesting. The filing notes these RSUs were granted on May 21, 2025 and later vested into common stock on May 15, 2026.