Radian Group (RDN) grants RSU awards to Sr. EVP and CAO Quigley
Rhea-AI Filing Summary
Quigley Robert reported acquisition or exercise transactions in this Form 4 filing.
Radian Group Inc. reported that Sr. EVP and CAO Robert Quigley received new equity awards in the form of restricted stock units tied to Radian’s common stock. On May 21, 2026, he was granted 16,390 performance-based RSUs and 10,750 time-based RSUs, each representing a contingent right to one share.
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, with between 0 and 32,780 shares eligible based 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, followed by a one-year holding period.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Quigley Robert
Role
Sr. EVP, CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - Time-based Award | 10,750 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units - Performance Award | 16,390 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units - Time-based Award — 10,750 shares (Direct);
Restricted Stock Units - Performance Award — 16,390 shares (Direct)
Footnotes (5)
- F1. Each RSU represents a contingent right to receive one share of common stock.
- F2. Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 25, 2026.
- F3. Not Applicable
- F4. 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.
- F5. Vesting of the performance-based RSUs occurs on May 25, 2029 (between 0 and 32,780 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: 16,390 units
Time-based RSUs granted: 10,750 units
Maximum performance RSUs possible: 32,780 shares
+2 more
5 metrics
Performance-based RSUs granted
16,390 units
Grant to Robert Quigley on May 21, 2026
Time-based RSUs granted
10,750 units
Grant to Robert Quigley on May 21, 2026
Maximum performance RSUs possible
32,780 shares
Up to 200% of target award vesting on May 25, 2029
Time-based RSU vesting schedule
3 annual installments
On first, second and third anniversaries of May 25, 2026
Performance period length
3 years
For performance-based RSUs tied to LTI Book Value and TSR
Key Terms
Restricted Stock Units, LTI Book Value per Share, total stockholder return (TSR), S&P SmallCap 600 Financials index
4 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.
total stockholder return (TSR) financial
"and Radian's total stockholder return (TSR) in comparison to the TSR of each of the companies"
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Radian Group (RDN) grant to Robert Quigley?
Radian Group granted Robert Quigley 16,390 performance-based RSUs and 10,750 time-based RSUs. Each RSU represents a contingent right to receive one share of Radian common stock, aligning his compensation with future company performance and share price.
How do the time-based RSUs for Radian Group (RDN) executive Robert Quigley vest?
The time-based RSUs vest pro rata on each of the first, second and third anniversaries of May 25, 2026. This three-year vesting schedule encourages executive retention while gradually delivering shares as long as employment conditions are met.
What determines the number of performance-based RSUs earned at Radian Group (RDN)?
The number of performance-based RSUs earned is based on Radian’s cumulative growth in “LTI Book Value per Share” and its total stockholder return versus the S&P SmallCap 600 Financials index. Results over a three-year performance period determine whether 0 to 32,780 shares vest on May 25, 2029.
When do Robert Quigley’s performance-based RSUs at Radian Group (RDN) vest?
The performance-based RSUs vest on May 25, 2029, after a three-year performance period. The actual shares earned, between zero and 32,780, depend on specified book value and total stockholder return metrics, followed by a one-year post-vest holding period.
What does each RSU granted to Robert Quigley by Radian Group (RDN) represent?
Each restricted stock unit represents a contingent right to receive one share of Radian common stock. Delivery of the shares depends on satisfying time-based vesting conditions or achieving performance targets over the specified measurement period.