Radian Group (NYSE: RDN) director reports RSU vesting and tax withholding

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Radian Group director Margaret Anne Leyden reported routine equity compensation activity. On May 15, 2026, time-based restricted stock units previously granted on May 21, 2025 vested and were converted into 4,837 shares of common stock. Each RSU represented a contingent right to receive one common share.

In a related transaction, 4 shares of common stock valued at $36.93 per share were withheld by the company to satisfy state tax withholding obligations under its equity compensation plan. These are not open‑market purchases or sales but standard compensation and tax‑settlement mechanics.

Insider Trade Summary

4,837 shares exercised/converted

Mixed 3 txns

Insider Leyden Margaret Anne

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	4	$36.93	$147.72

Holdings After Transaction: Restricted Stock Units - Time-based Award — 0 shares (Direct, null); Common Stock — 8,938 shares (Direct, null)

Footnotes (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

Key Figures

RSUs vested: 4,837 units Common shares from RSUs: 4,837 shares Shares withheld for taxes: 4 shares +2 more

5 metrics

RSUs vested 4,837 units Time-based restricted stock units vested on May 15, 2026

Common shares from RSUs 4,837 shares Each RSU converts into one share of common stock

Shares withheld for taxes 4 shares Withheld to satisfy state tax obligations

Withholding price per share $36.93 per share Value used for tax withholding shares

Exercise transactions 1 exercise, 4,837 shares Derivative exercise/conversion transactions in summary

Key Terms

Restricted Stock Units, time-based RSUs, equity compensation plan, tax withholding obligations, +1 more

5 terms

Restricted Stock Units financial

"security_title: "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

"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

"represents shares withheld by the Company to satisfy state tax withholding obligations"

derivative exercise/conversion financial

"transaction_action: "derivative exercise/conversion""

Form 4 Insider Transactions: What Each Field Means →

05/19/2026 - 06:15 PM

SEC Form 4

FORM 4

UNITED 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^*

Leyden Margaret Anne

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/15/2026		M		4,837⁽¹⁾	A	$0	8,938	D
Common Stock	05/15/2026		F		4⁽²⁾	D	$36.93	8,934	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units - Time-based Award	$0⁽³⁾	05/15/2026		M			4,837⁽¹⁾	05/15/2026	⁽⁴⁾	Common Stock	4,837	⁽⁴⁾	0	D

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-fact	05/19/2026
	** Signature of Reporting Person	Date
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 activity did Radian Group (RDN) disclose for Margaret Anne Leyden?

Radian Group reported that director Margaret Anne Leyden had time-based restricted stock units vest and convert into common shares, with a small portion of shares withheld to cover state tax obligations under the company’s equity compensation plan.

How many RDN shares were acquired through RSU vesting in this Form 4?

The Form 4 shows that 4,837 restricted stock units vested and were converted into 4,837 shares of Radian Group common stock. Each RSU represented a contingent right to receive one share upon vesting according to the company’s equity compensation plan.

How many Radian Group shares were withheld for taxes in this filing?

The filing indicates that 4 shares of Radian Group common stock were withheld at $36.93 per share. These shares were retained by the company to satisfy state tax withholding obligations related to the vesting of time-based restricted stock units.

Were the RDN insider transactions open-market buys or sells?

No open-market buys or sells are shown. The Form 4 reflects an RSU vesting and related tax withholding disposition, which are compensation and tax-settlement events rather than discretionary market trades by director Margaret Anne Leyden.

What do the time-based RSUs in the Radian Group Form 4 represent?

The time-based restricted stock units represent a contingent right to receive one share of Radian Group common stock per unit. They were granted on May 21, 2025 and vested on May 15, 2026, triggering conversion into common shares reported in the Form 4.