X0202 4 2006-02-07 1 0000890926 RADIAN GROUP INC RDN 0001188563 KASMAR ROY JAMES RADIAN GROUP INC. 1601 MARKET STREET PHILADELPHIA PA 19103 1 1 0 0 President and COO Common Stock 9565 D common stock 470 I Owned by 401K Stock Fund stock option 56.03 2006-02-07 4 A 0 25000 A 2007-02-07 2013-02-07 common stock 25000 25000 D Dividend Equivalent 0 2007-01-01 2007-01-15 Common Stock 2.7812 12.6024 D Phantom Stock Unit 0 2007-01-01 2007-01-15 Common Stock 8000 8000 D stock option 48.39 2006-02-08 2012-02-08 common stock 20800 20800 D stock option 45.95 2005-02-10 2014-02-10 common stock 0 30000 D stock option 27.1875 2002-01-22 2010-01-22 common stock 20000 0 D stock option 35.81 2002-11-06 2010-11-06 common stock 5000 7994 D stock option 35.79 2004-01-30 2013-01-30 common stock 10000 45000 D N/A dividend equivalent rights accrued on phantom stock units and become exercisable proportionately with the options to which they relate. dividend equivalent calculation amendment (error adjustment= 0.2936 of a shares) Howard S. Yaruss Howard S. Yaruss (POA) Atty-in-fact 2006-02-10