Radian Group (NYSE: RDN) GC sells 15,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Radian Group Inc. senior executive Edward J. Hoffman, Sr EVP and General Counsel, sold 15,000 shares of common stock in an open-market transaction on April 23, 2026 at $36.00 per share. After this sale, he directly holds 123,708 Radian shares. The transaction was a pre-arranged sale under a Rule 10b5-1 trading plan entered into in December 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 15,000 shares ($540,000)
Net Sell
1 txn
Insider
Hoffman Edward J
Role
Sr EVP, General Counsel
Sold
15,000 shs ($540K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,000 | $36.00 | $540K |
Holdings After Transaction:
Common Stock — 123,708 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 15,000 shares
Sale price per share: $36.00 per share
Shares held after sale: 123,708 shares
+1 more
4 metrics
Shares sold
15,000 shares
Open-market sale on April 23, 2026
Sale price per share
$36.00 per share
Transaction price for common stock sold
Shares held after sale
123,708 shares
Direct ownership following the transaction
Net buy/sell direction
Net sale of 15,000 shares
transactionSummary shows net-sell of 15,000 shares
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"Pre-arranged sale of common stock pursuant to a 10b5-1 trading plan entered into in December 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale of common stock at $36.0000 per share."
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 was sold in the reported transaction."
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.
FAQ
What insider transaction did Radian Group (RDN) report for Edward J. Hoffman?
Radian Group reported that Edward J. Hoffman sold 15,000 shares of common stock. The sale occurred on April 23, 2026 at $36.00 per share in an open-market transaction, as disclosed in a Form 4 filing.
Was the Radian Group (RDN) insider sale by Edward J. Hoffman pre-planned?
Yes. The Form 4 footnote states the transaction was a pre-arranged sale under a Rule 10b5-1 trading plan. That plan was entered into in December 2025, indicating the timing of the April 23, 2026 sale was scheduled in advance.
What type of security did the Radian Group (RDN) insider sell?
The insider transaction involved Radian Group common stock. The Form 4 describes the security as “Common Stock” and records a single non-derivative transaction in which 15,000 common shares were sold at $36.00 per share on April 23, 2026.
What is Edward J. Hoffman’s role at Radian Group (RDN)?
Edward J. Hoffman is identified as Senior Executive Vice President and General Counsel at Radian Group. The Form 4 lists him as an officer with the title “Sr EVP, General Counsel,” providing context for his insider status in the reported stock sale.