[Form 4] Radian Group Inc. Insider Trading Activity

Rhea-AI Filing Summary

Richard G. Thornberry, Chief Executive Officer and Director of Radian Group Inc. (RDN), reported a sale of 20,000 shares of Radian common stock on 08/26/2025 at an average price of $34.7382 per share. Following the reported transaction, Mr. Thornberry beneficially owned 938,878 shares. The filing states the sale was a pre-arranged disposition made pursuant to a 10b5-1 trading plan established in August 2024, indicating the transactions occurred on preset dates under that plan. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Transaction executed under a 10b5-1 trading plan, indicating pre-arranged trading and compliance with insider trading policies
• Full disclosure provided including transaction date, price, number of shares sold, and post-transaction beneficial ownership

Negative

• None.

Insights

Financial Analyst

TL;DR: Insider sold a modest stake under a pre-established 10b5-1 plan; transaction is routine and likely non-informational.

The sale of 20,000 shares at $34.7382 appears to be a scheduled disposition under a 10b5-1 plan established in August 2024. Because the filing discloses the plan and the post-transaction beneficial ownership of 938,878 shares, the disclosure supports transparency. From a financial perspective the size of the sale relative to the reported holdings is modest and the filing does not present additional material operational or financial information about Radian Group.

Corporate Governance Expert

TL;DR: The transaction follows an established trading plan, showing adherence to insider trading controls and disclosure rules.

The Form 4 explicitly identifies the transaction as executed pursuant to a 10b5-1 plan, which is a recognized mechanism for insiders to transact while minimizing allegations of improper trading. The filing includes required details: transaction date, number of shares sold, price, and resulting beneficial ownership. No amendments or additional governance concerns are noted in the filing.

SEC Form 4

FORM 4

UNITED 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).

X

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^*

Thornberry Richard G

(Last) (First) (Middle)

RADIAN GROUP INC.

550 E SWEDESFORD ROAD, #350

(Street)

WAYNE PA 19087

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RADIAN GROUP INC [ RDN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/26/2025		S		20,000(1)	D	$34.7382	938,878	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Pre-arranged sale of common stock pursuant to a 10b5-1 trading plan with sales occurring on preset dates established when the plan was initiated in August 2024.

	Elizabeth Diffley /s/,Elizabeth Diffley, (POA) Atty-in-fact	08/27/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Richard G. Thornberry report on the Form 4 for RDN?

The Form 4 reports a sale of 20,000 shares of Radian common stock on 08/26/2025 at an average price of $34.7382 per share.

Was the sale by RDN's CEO part of a 10b5-1 trading plan?

Yes. The filing states the sale was a pre-arranged disposition pursuant to a 10b5-1 trading plan established in August 2024.

How many Radian shares did the reporting person own after the transaction?

After the reported sale, the reporting person beneficially owned 938,878 shares.

Who signed the Form 4 filing for Richard G. Thornberry?

The Form 4 was signed on behalf of the reporting person by an attorney-in-fact, Elizabeth Diffley, on 08/27/2025.

Does the Form 4 disclose any derivative transactions or other security types?

No. The filing shows only a non-derivative sale of common stock and does not report derivative transactions.