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Capital Stock - Share-based and Other Compensation Programs (Details)
6 Months Ended
Jun. 30, 2025
$ / shares
shares
Performance Based RSUs Equity Settled  
Number of Shares  
Outstanding, Beginning Balance (in shares) | shares 2,639,190 [1]
Granted (in shares) | shares 492,170 [2]
Performance adjustment (in shares) | shares 549,540 [3]
Vested (in shares) | shares (1,158,485) [4]
Forfeited (in shares) | shares (11,216)
Outstanding, Ending Balance (in shares) | shares 2,511,199 [1]
Weighted Average Grant Date Fair Value  
Outstanding, Beginning Balance (in usd per share) | $ / shares $ 22.57 [1]
Granted (in usd per share) | $ / shares 30.96 [2]
Performance adjustment (in usd per share) | $ / shares 0 [3]
Vested (in usd per share) | $ / shares 20.19 [4]
Forfeited (in usd per share) | $ / shares 29.34
Outstanding, Ending Balance (in usd per share) | $ / shares $ 24.61 [1]
Timed-Vested RSUs Equity Settled  
Number of Shares  
Outstanding, Beginning Balance (in shares) | shares 1,589,396 [1]
Granted (in shares) | shares 387,072 [2]
Performance adjustment (in shares) | shares 0 [3]
Vested (in shares) | shares (604,393) [4]
Forfeited (in shares) | shares (7,747)
Outstanding, Ending Balance (in shares) | shares 1,364,328 [1]
Weighted Average Grant Date Fair Value  
Outstanding, Beginning Balance (in usd per share) | $ / shares $ 20.75 [1]
Granted (in usd per share) | $ / shares 33.17 [2]
Performance adjustment (in usd per share) | $ / shares 0 [3]
Vested (in usd per share) | $ / shares 21.95 [4]
Forfeited (in usd per share) | $ / shares 26.88
Outstanding, Ending Balance (in usd per share) | $ / shares $ 23.71 [1]
[1] Outstanding RSUs represent shares that have not yet been issued because not all conditions necessary to earn the right to benefit from the instruments have been satisfied. For performance-based awards, the final number of RSUs distributed depends on: (i) the cumulative growth in Radian’s book value per share adjusted for certain defined items over the respective three-year performance period and, for the performance-based RSUs granted starting in 2023, a modifier based on a comparison of our total shareholder return to the total shareholder return of certain of our peers and (ii) with the exception of certain retirement-eligible employees, continued service through the vesting date, which could result in changes to the number of vested RSUs.
[2] For performance-based RSUs, amount represents the number of target shares at grant date.
[3] For performance-based RSUs, amount represents the difference between the number of shares vested at settlement, which can range from 0 to 200% of target depending on results over the applicable performance periods, and the number of target shares at the grant date.
[4] For both performance-based and time-based RSUs, amount represents the number of shares vested during the period, including the impact of performance adjustments for performance-based awards.