Radian Group (RDN) director receives 4,300 time-based RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HESS DEBRA ANN reported acquisition or exercise transactions in this Form 4 filing.
Radian Group Inc director Debra Ann Hess received a grant of 4,300 time-based restricted stock units as an annual equity award for non-employee directors. Each RSU represents a right to receive one share of common stock and will vest on May 25, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HESS DEBRA ANN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - Time-based Award | 4,300 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units - Time-based Award — 4,300 shares (Direct, null)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of common stock. Award represents an annual equity award to non-employee directors. The time-based RSUs vest on May 25, 2027. Not Applicable
Key Figures
RSUs granted: 4,300 units
Shares underlying RSUs: 4,300 shares
Exercise price: $0.00 per unit
+2 more
5 metrics
RSUs granted
4,300 units
Time-based RSU award to non-employee director
Shares underlying RSUs
4,300 shares
Each RSU represents one share of common stock
Exercise price
$0.00 per unit
Conversion/exercise price for RSUs
Vesting date
May 25, 2027
Time-based RSUs vesting date
Total RSUs after grant
4,300 units
Total derivative holdings following this reported transaction
Key Terms
Restricted Stock Units, time-based RSUs, annual equity award, contingent right
4 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
"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."
FAQ
What did Debra Ann Hess receive in this RDN Form 4 filing?
Debra Ann Hess received 4,300 time-based restricted stock units from Radian Group Inc. These RSUs are an equity-based compensation award for a non-employee director, tied to future delivery of common shares upon vesting.
When do Debra Ann Hess’s Radian Group (RDN) RSUs vest?
The time-based restricted stock units granted to Debra Ann Hess vest on May 25, 2027. Vesting means she becomes entitled to receive Radian Group common shares, assuming she meets the conditions attached to this equity award.
How many Radian Group (RDN) RSUs were granted to Debra Ann Hess?
Debra Ann Hess was granted 4,300 restricted stock units by Radian Group Inc. Each unit represents a contingent right to receive one share of common stock, forming part of her annual equity compensation as a non-employee director.
What does each Radian Group (RDN) RSU represent in this award?
Each restricted stock unit in this award represents a contingent right to receive one share of Radian Group common stock. The units do not involve a cash exercise price and convert into shares only upon satisfaction of the vesting conditions.
Is Debra Ann Hess’s Radian Group (RDN) RSU grant an annual director award?
Yes. The filing states the 4,300 time-based RSUs represent an annual equity award to non-employee directors. This indicates the grant is part of Radian Group’s regular compensation program for outside board members, rather than a one-time special grant.