0001062993-23-011277.txt : 20230516 0001062993-23-011277.hdr.sgml : 20230516 20230516190539 ACCESSION NUMBER: 0001062993-23-011277 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230512 FILED AS OF DATE: 20230516 DATE AS OF CHANGE: 20230516 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: McMahon Brien CENTRAL INDEX KEY: 0001723148 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11356 FILM NUMBER: 23929250 MAIL ADDRESS: STREET 1: 1500 MARKET ST., WEST TOWER STREET 2: #2050 CITY: PHILADELPHIA STATE: PA ZIP: 19102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RADIAN GROUP INC CENTRAL INDEX KEY: 0000890926 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 232691170 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 550 EAST SWEDESFORD ROAD STREET 2: SUITE 350 CITY: WAYNE STATE: PA ZIP: 19087 BUSINESS PHONE: 2155646600 MAIL ADDRESS: STREET 1: 550 EAST SWEDESFORD ROAD STREET 2: SUITE 350 CITY: WAYNE STATE: PA ZIP: 19087 FORMER COMPANY: FORMER CONFORMED NAME: CMAC INVESTMENT CORP DATE OF NAME CHANGE: 19960126 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0407 4 2023-05-12 0000890926 RADIAN GROUP INC RDN 0001723148 McMahon Brien RADIAN GROUP INC. 550 E. SWEDESFORD ROAD, 350 WAYNE PA 19087 0 1 0 0 Sr.EVP/Chief Franchise Officer 0 Common Stock 2023-05-12 4 M 0 9140 13.99 A 105075 D Common Stock 2023-05-13 4 M 0 8862 0 A 113937 D Common Stock 2023-05-13 4 M 0 3457 0 A 117394 D Common Stock 2023-05-13 4 F 0 13449 24.89 D 103945 D Common Stock 2023-05-15 4 M 0 6017 0 A 109962 D Common Stock 2023-05-15 4 M 0 5666 0 A 115628 D Common Stock 2023-05-15 4 M 0 33575 0 A 149203 D Common Stock 2023-05-15 4 F 0 16747 25.04 D 132456 D Performance Stock Options 13.99 2023-05-12 4 M 0 9140 D 2023-05-12 Common Stock 9140 0 D Restricted Stock Units - Time-based Award 2023-05-13 4 M 0 8862 D 2023-05-13 Common Stock 8862 0 D Restricted Stock Units - Performance Award 2023-05-13 4 M 0 3457 D 2023-05-13 Common Stock 3457 89203 D Restricted Stock Units - Time-based Award 2023-05-15 4 M 0 6017 D 2023-05-15 Common Stock 6017 6017 D Restricted Stock Units - Time-based Award 2023-05-15 4 M 0 5666 D 2023-05-15 Common Stock 5666 11334 D Restricted Stock Units - Performance Award 2023-05-15 4 M 0 33575 D 2023-05-15 Common Stock 33575 0 D Stock option exercised upon expiration of award expiring on May 13, 2023. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 13, 2020. Represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 13, 2020, which are subject to a one-year post vest holding period. Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the distribution of the time-based RSUs granted on May 13, 2020, shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 92,660 performance-based RSUs granted May 13, 2020, net of which remain subject to a one year post-vest hold, and shares withheld by the Company to satisfy the exercise price and tax liability of a stock option exercise of an award expiring on May 13, 2023. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021. Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022. Represents distribution of shares of common stock related to RSUs that were granted May 15, 2019, which vested on May 15, 2022 and were subject to a one-year post-vest hold. Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the distribution of the time-based RSUs granted on May 12, 2021 and May 11, 2022, as well as shares withheld by the Company to satisfy the tax liability incurred upon the distribution of the performance-based RSUs granted May 15, 2019, following completion of the one-year hold period after vesting of the RSUs. Includes 627 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan on December 31, 2022. Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics. Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 92,660 performance-based RSUs granted May 13, 2020. Each RSU represents a contingent right to receive one share of common stock. Not Applicable Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact 2023-05-16