Radian Group (RDN) director reports RSU vesting and small tax withholding event
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,837 shares exercised/converted
Mixed
3 txns
Insider
Conner Brad L.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units - Time-based Award | 4,837 | $0.00 | -- |
| Exercise | Common Stock | 4,837 | $0.00 | -- |
| Tax Withholding | Common Stock | 3 | $36.93 | $110.79 |
Holdings After Transaction:
Restricted Stock Units - Time-based Award — 0 shares (Direct, null);
Common Stock — 38,852 shares (Direct, null)
Footnotes (1)
- Vesting of time-based RSUs granted on May 21, 2025. Pursuant to the terms of the Company's equity compensation plan, represents shares withheld by the Company to satisfy state tax withholding obligations. Each RSU represents a contingent right to receive one share of common stock. 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
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.
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.