Radian Group (RDN) director receives 4,300 restricted stock units grant
Rhea-AI Filing Summary
Mumford Lisa reported acquisition or exercise transactions in this Form 4 filing.
Radian Group Inc. director Lisa Mumford received a grant of 4,300 time-based restricted stock units as an annual equity award to non-employee directors. Each RSU represents a right to receive one share of common stock. These RSUs vest on May 25, 2027, and Mumford now holds 4,300 derivative securities from this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mumford Lisa
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units - Time-based Award | 4,300 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units - Time-based Award — 4,300 shares (Direct)
Footnotes (4)
- F1. Each RSU represents a contingent right to receive one share of common stock.
- F2. Award represents an annual equity award to non-employee directors.
- F3. The time-based RSUs vest on May 25, 2027.
- F4. Not Applicable
Key Figures
RSUs granted: 4,300 units
Exercise/Conversion price: $0.00 per unit
Underlying common shares: 4,300 shares
+2 more
5 metrics
RSUs granted
4,300 units
Time-based restricted stock unit award to non-employee director
Exercise/Conversion price
$0.00 per unit
RSU grant price; compensation award, not an open-market purchase
Underlying common shares
4,300 shares
Each RSU represents a contingent right to one share
Total derivative holdings after grant
4,300 units
Total RSUs held by Lisa Mumford following the transaction
Vesting date
May 25, 2027
Time-based RSUs vest on this date
Key Terms
Restricted Stock Units, time-based RSUs, annual equity award, non-employee directors, +1 more
5 terms
Restricted Stock Units financial
"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."
non-employee directors financial
"Award represents an annual equity award to non-employee directors."
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Radian Group (RDN) report for Lisa Mumford?
Radian Group reported that director Lisa Mumford received a grant of 4,300 time-based restricted stock units. This award is part of the company’s annual equity compensation for non-employee directors and represents a contingent right to receive common shares.
How many restricted stock units did Lisa Mumford receive at Radian Group (RDN)?
Lisa Mumford received 4,300 restricted stock units. Each unit represents a contingent right to one share of Radian Group common stock, issued as an annual equity award for non-employee directors under the company’s compensation program.
When do Lisa Mumford’s Radian Group (RDN) RSUs vest?
The time-based restricted stock units granted to Lisa Mumford vest on May 25, 2027. Vesting means she will then be entitled to receive the underlying Radian Group common shares, assuming all vesting conditions are satisfied.
What does each restricted stock unit represent in the Radian Group (RDN) Form 4?
Each restricted stock unit represents a contingent right to receive one share of Radian Group common stock. The units are not cash-settled and will convert into shares when they vest, subject to the applicable award terms.
Is Lisa Mumford’s RSU grant at Radian Group (RDN) an open-market purchase or sale?
The RSU grant is neither an open-market purchase nor a sale. It is a compensation-related equity award granted at no cash cost to Lisa Mumford, classified as a grant or award acquisition under Form 4 transaction rules.
How many derivative securities does Lisa Mumford hold after this Radian Group (RDN) transaction?
After the reported transaction, Lisa Mumford holds 4,300 derivative securities in the form of restricted stock units. These units are time-based awards scheduled to vest on May 25, 2027, subject to the applicable award conditions.