Radian exec nets shares from RSU vesting
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Radian Group Sr. EVP Stephen Keleher reported routine equity compensation activity on May 15, 2026. Several time-based and performance-based RSUs vested and were converted into a total of 17,890 shares of common stock. The company withheld 5,973 shares at $36.93 per share to cover tax obligations, and Keleher now directly holds 41,400 common shares.
Insider Trade Summary
17,890 shares exercised/converted
Exercise
9 txns
Insider
Keleher Stephen
Role
Sr. EVP, Co-Head of MI
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - Performance Award | 13,050 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - Time-based Award | 1,837 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - Time-based Award | 1,490 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units - Time-based Award | 1,513 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,050 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,837 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,490 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,513 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,973 | $36.93 | $221K |
Holdings After Transaction:
Restricted Stock Units - Performance Award — 0 contracts (Direct);
Restricted Stock Units - Time-based Award — 4,517 contracts (Direct);
Common Stock — 35,427 shares (Direct)
Footnotes (7)
- F1. Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 17 , 2023.
- F2. Each RSU represents a contingent right to receive one share of common stock.
- F3. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023.
- F4. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 22, 2024.
- F5. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 21, 2025.
- F6. Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon: (a) the distribution of the time-based RSUs granted on May 17, 2023, May 22, 2024, and May 21, 2025; (b) the vesting of 13,050 performance-based RSUs granted May 17, 2023.
- F7. Not Applicable.
Key Figures
RSU shares converted: 17,890 shares
Shares withheld for taxes: 5,973 shares
Withholding reference price: $36.93 per share
+4 more
7 metrics
RSU shares converted
17,890 shares
Common stock from RSU vesting on May 15, 2026
Shares withheld for taxes
5,973 shares
Tax withholding on May 15, 2026
Withholding reference price
$36.93 per share
Value used for tax-withholding shares
Shares owned after transactions
41,400 shares
Direct common stock holding after May 15, 2026
Derivative exercises
4 transactions
M-coded RSU conversions on May 15, 2026
Shares from exercises
17,890 shares
ExerciseShares in transaction summary
Tax-withholding events
1 transaction
F-coded disposition for tax liability
Key Terms
Restricted Stock Units - Time-based Award, Restricted Stock Units - Performance Award, performance-based RSUs, time-based RSUs, +1 more
5 terms
Restricted Stock Units - Time-based Award financial
"security_title: Restricted Stock Units - Time-based Award"
Restricted Stock Units - Performance Award financial
"security_title: Restricted Stock Units - Performance Award"
performance-based RSUs financial
"Represents distribution of shares of common stock upon the vesting of performance-based RSUs that were granted May 17 , 2023."
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.
time-based RSUs financial
"Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023."
equity incentive plan financial
"Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon..."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Radian Group (RDN) executive Stephen Keleher report in this Form 4?
Stephen Keleher reported vesting of restricted stock units that converted into 17,890 common shares. A portion of these shares was withheld by Radian Group to satisfy tax liabilities, and his direct ownership increased to 41,400 common shares following the transactions.
Were Keleher’s Radian Group transactions open-market buys or sells?
The Form 4 shows no open-market purchases or sales. Instead, it reports RSU vesting coded as M (derivative exercise/conversion) and an F-coded tax-withholding disposition, where 5,973 shares were retained by the company to cover tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
