Radian Group (NYSE: RDN) awards performance and time-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bartholomew Meghan reported acquisition or exercise transactions in this Form 4 filing.
Radian Group Inc. reported that Sr. EVP and Co-Head of MI Meghan Bartholomew received new equity awards in the form of restricted stock units (RSUs). Each RSU represents a right to receive one share of common stock.
She was granted 12,300 performance-based RSUs and 8,070 time-based RSUs on May 21, 2026. The time-based RSUs vest in three equal installments on each of the first, second, and third anniversaries of May 25, 2026. The performance-based RSUs vest on May 25, 2029 in a range of 0 to 24,600 shares, depending on Radian’s cumulative growth in LTI Book Value per Share and total stockholder return versus the S&P SmallCap 600 Financials index over a three-year performance period, followed by a one-year holding period.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bartholomew Meghan
Role
Sr. EVP, Co-Head of MI
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - Time-based Award | 8,070 | $0.00 | -- |
| Grant/Award | Restricted Stock Units - Performance Award | 12,300 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units - Time-based Award — 8,070 shares (Direct, null);
Restricted Stock Units - Performance Award — 12,300 shares (Direct, null)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of common stock. Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 25, 2026. Not Applicable The number of reported performance-based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award. Vesting of the performance-based RSUs occurs on May 25, 2029 (between 0 and 24,600 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) in comparison to the TSR of each of the companies included in the S&P SmallCap 600 Financials index as of April 1, 2026, in each case over a three-year performance period. Distribution of the shares generally is subject to a one-year post-vest holding period.
Key Figures
Performance-based RSUs granted: 12,300 RSUs
Time-based RSUs granted: 8,070 RSUs
Max performance payout: 24,600 shares
+3 more
6 metrics
Performance-based RSUs granted
12,300 RSUs
Target award granted May 21, 2026
Time-based RSUs granted
8,070 RSUs
Granted May 21, 2026
Max performance payout
24,600 shares
Up to 200% of target performance RSUs vesting May 25, 2029
Time-based vesting schedule
3 annual installments
On first, second, and third anniversaries of May 25, 2026
Performance vesting date
May 25, 2029
Performance-based RSUs vest based on three-year metrics
Post-vest holding period
1 year
Applies to distributed shares from performance-based RSUs
Key Terms
Restricted Stock Units, performance-based RSUs, LTI Book Value per Share, total stockholder return (TSR), +1 more
5 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.
performance-based RSUs financial
"The number of reported performance-based RSUs represents the target award."
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.
total stockholder return (TSR) financial
"and Radian's total stockholder return (TSR) in comparison"
S&P SmallCap 600 Financials index financial
"in comparison to the TSR of each of the companies included in the S&P SmallCap 600 Financials index"
FAQ
What equity awards did Meghan Bartholomew receive at Radian Group (RDN)?
Meghan Bartholomew received two RSU grants: 12,300 performance-based RSUs and 8,070 time-based RSUs. Each RSU represents a right to receive one share of Radian Group common stock, aligning her compensation with future company performance and share value.
How do the time-based RSUs for Radian Group (RDN) vest?
The 8,070 time-based RSUs vest pro rata on the first, second, and third anniversaries of May 25, 2026. This three-year vesting schedule is designed to encourage continued service and long-term alignment between the executive and shareholders.
What determines the payout of performance-based RSUs at Radian Group (RDN)?
The 12,300 performance-based RSUs can vest between 0 and 24,600 shares on May 25, 2029. Vesting depends on cumulative growth in LTI Book Value per Share and total stockholder return versus the S&P SmallCap 600 Financials index over a three-year period.
When do the performance-based RSUs for Radian Group (RDN) vest and settle?
The performance-based RSUs vest on May 25, 2029, based on performance metrics over three years. After vesting, the resulting shares are generally subject to a one-year post-vest holding period, further reinforcing long-term ownership and alignment with shareholders.
What does each RSU granted by Radian Group (RDN) represent?
Each RSU granted to Meghan Bartholomew represents a contingent right to receive one share of Radian Group common stock. Actual shares are delivered only if vesting conditions are satisfied, either over time or based on company performance targets.