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Radian Group (NYSE: RDN) director sells 2,070 shares for tax liability

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

Rhea-AI Filing Summary

Radian Group director Margaret Anne Leyden reported a sale of 2,070 shares of Common Stock. The transaction occurred on May 29, 2026 at a price of $34.59 per share in an open-market transaction classified as a sale.

According to the footnote, the shares were sold to cover tax liability arising from the May 2026 vesting of restricted stock units, indicating a tax-related, mechanistic disposition rather than a discretionary portfolio change. After this sale, Leyden directly holds 6,864 shares of Radian Group common stock.

Positive

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Insider Leyden Margaret Anne
Role null
Sold 2,070 shs ($72K)
Type Security Shares Price Value
Sale Common Stock 2,070 $34.59 $72K
Holdings After Transaction: Common Stock — 6,864 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 2,070 shares Common Stock sold on May 29, 2026
Sale price $34.59 per share Open-market transaction price on May 29, 2026
Shares after transaction 6,864 shares Direct ownership following the sale
Net shares sold 2,070 shares Net-sell shares from transactionSummary
restricted stock units financial
"tax liability resulting from the May 2026 vesting of restricted stock units."
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.
open-market sale financial
"transaction_action": "open-market sale","transaction_code_description""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
""security_title": "Common Stock","transaction_date""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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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*
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
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 Stock05/29/2026S2,070(1)D$34.596,864D
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
Explanation of Responses:
1. Sale of common stock sold to cover tax liability resulting from the May 2026 vesting of restricted stock units.
Elizabeth Diffley /s/, Elizabeth Diffley, (POA) Atty-in-fact06/01/2026
** 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 transaction did Radian Group (RDN) disclose for Margaret Anne Leyden?

Radian Group reported that director Margaret Anne Leyden sold 2,070 shares of Common Stock. The sale took place on May 29, 2026, and was conducted as an open-market transaction primarily to cover tax liability from vesting restricted stock units.

At what price did the Radian Group (RDN) director sell shares in this Form 4?

Margaret Anne Leyden sold 2,070 Radian Group shares at $34.59 per share. The filing characterizes this as an open-market sale, with the accompanying footnote explaining the sale was used to satisfy tax obligations from May 2026 restricted stock unit vesting.

How many Radian Group (RDN) shares does Margaret Anne Leyden hold after the reported sale?

After the sale, Margaret Anne Leyden directly holds 6,864 Radian Group shares. This post-transaction ownership figure is disclosed in the filing, providing context on her remaining equity position following the 2,070-share sale used to cover tax liabilities.

Why did the Radian Group (RDN) director sell 2,070 shares according to the Form 4 footnote?

The shares were sold to cover tax liability from a May 2026 restricted stock unit vesting. The footnote clarifies the disposition was tied to tax obligations rather than a discretionary trading decision, framing the sale as a routine, compensation-related event.

Is the Radian Group (RDN) Form 4 sale by Margaret Anne Leyden an open-market transaction?

Yes. The transaction is coded as an open-market sale of Common Stock. The filing uses transaction code “S” and describes it as a sale in open market or private transaction, with the added context that proceeds addressed tax obligations from vested restricted stock units.