Radian director reports RSU vesting and tax withholding

Radian Group Inc. director Brad L. Conner reported routine equity compensation activity involving restricted stock units and related tax withholding.

Rhea-AI Filing Summary

Radian Group Inc. director Brad L. Conner reported routine equity compensation activity involving restricted stock units and related tax withholding. On May 15, 2026, time-based RSUs covering 4,837 shares of common stock vested and were converted into common shares at a stated price of $0.00 per share. In connection with this vesting, 3 shares of common stock were withheld by the company at $36.93 per share to satisfy state tax withholding obligations, rather than sold on the open market. Following these transactions, Conner directly held 38,849 shares of Radian Group common stock. The filing reflects compensation-related vesting and tax settlement, with no open-market purchases or sales.

Insider Trade Summary

4,837 shares exercised/converted

Exercise 3 txns

Insider Conner Brad L.

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units - Time-based Award	4,837	$0.00	$0.00
Exercise	Common Stock	4,837	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	3	$36.93	$110.79

Holdings After Transaction: Restricted Stock Units - Time-based Award — 0 contracts (Direct); Common Stock — 38,849 shares (Direct)

Footnotes (4)

1. F1. Vesting of time-based RSUs granted on May 21, 2025.
2. F2. Pursuant to the terms of the Company's equity compensation plan, represents shares withheld by the Company to satisfy state tax withholding obligations.
3. F3. Each RSU represents a contingent right to receive one share of common stock.
4. F4. Not Applicable

Key Figures

RSU shares vested: 4,837 shares Shares withheld for taxes: 3 shares Tax withholding price: $36.93 per share +2 more

5 metrics

RSU shares vested 4,837 shares Time-based RSUs converted into common stock on May 15, 2026

Shares withheld for taxes 3 shares Withheld to satisfy state tax obligations at $36.93 per share

Tax withholding price $36.93 per share Price used for shares withheld for state tax obligations

Post-transaction holdings 38,849 shares Common stock directly held by Brad L. Conner after transactions

RSU conversion price $0.00 per share Stated exercise/conversion price for RSUs into common stock

Key Terms

Restricted Stock Units - Time-based Award, time-based RSUs, equity compensation plan, tax withholding obligations, +1 more

5 terms

Restricted Stock Units - Time-based Award financial

"security_title: "Restricted Stock Units - Time-based Award""

time-based RSUs financial

"Vesting of time-based RSUs granted on May 21, 2025."

equity compensation plan financial

"Pursuant to the terms of the Company's equity compensation plan, represents shares withheld"

A plan by which a company gives employees, directors or contractors ownership or the right to buy ownership in the company through stock, options or similar awards — think of promising slices of the company pie as part of someone's pay. It matters to investors because these awards can change the number of shares outstanding, affect reported profits and influence management’s decisions; large or generous plans can dilute existing holders and alter incentives over time.

tax withholding obligations financial

"shares withheld by the Company to satisfy state tax withholding obligations."

derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Radian Group (RDN) director Brad L. Conner report?

Brad L. Conner reported RSU vesting and related tax withholding. Time-based restricted stock units for 4,837 shares vested and converted into common stock, and 3 shares were withheld by the company to cover state tax obligations under its equity compensation plan.

Did Brad L. Conner buy or sell Radian Group (RDN) shares on the open market?

No open-market purchases or sales were reported. The filing shows RSU vesting into common stock and a small number of shares withheld by the company for tax obligations, which is a compensation and tax-settlement event rather than a market trade.

How many Radian Group (RDN) shares vested for Brad L. Conner in this Form 4?

Restricted stock units for 4,837 shares vested for Brad L. Conner. These time-based RSUs were granted under Radian Group’s equity compensation plan and each RSU represented the right to receive one share of common stock upon vesting.

How many Radian Group (RDN) shares were withheld for taxes in this filing?

The company withheld 3 shares of common stock for taxes. These shares were withheld at a price of $36.93 per share to satisfy state tax withholding obligations related to the vesting of time-based restricted stock units.

What are Brad L. Conner’s Radian Group (RDN) holdings after these transactions?

After these transactions, Brad L. Conner held 38,849 common shares. This post-transaction figure reflects the impact of the RSU vesting into common stock and the small number of shares withheld by the company for tax obligations.

What type of equity award did Brad L. Conner receive from Radian Group (RDN)?

He held time-based restricted stock units (RSUs). Each RSU represented a contingent right to receive one share of Radian Group common stock, which converted into shares upon vesting in accordance with the company’s equity compensation plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/19/2026 - 06:31 PM Learn about SEC filing dates

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).

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^*

Conner Brad L.

(Last) (First) (Middle)

RADIAN GROUP INC.

550 E. SWEDESFORD ROAD, #350

(Street)

WAYNE PENNSYLVANIA 19087

(City) (State) (Zip)

UNITED STATES

(Country)

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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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

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

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

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	05/15/2026		M		4,837(1)	A	$0	38,852	D
Common Stock	05/15/2026		F		3(2)	D	$36.93	38,849	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
Restricted Stock Units - Time-based Award	$0(3)	05/15/2026		M			4,837(1)	05/15/2026	(4)	Common Stock	4,837	(4)	0	D

Explanation of Responses:

1. Vesting of time-based RSUs granted on May 21, 2025.

2. Pursuant to the terms of the Company's equity compensation plan, represents shares withheld by the Company to satisfy state tax withholding obligations.

3. Each RSU represents a contingent right to receive one share of common stock.

4. Not Applicable

	Elizabeth Diffley /s/, Elizabeth Diffley, (POA) Atty-in-fact	05/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)