Bartholomew Meghan 4

What Happened

• Meghan Bartholomew, Senior Executive Vice President and Co‑Head of Mortgage Insurance at Radian Group (RDN), exercised stock options on May 8, 2026. She exercised options covering 2,970 shares at an exercise price of $12.16 per share (total exercise cost $36,115). Concurrently, 1,524 shares were withheld by the company to satisfy the option cost and tax liability (valued at $38.06 per share, ~$58,003).
• Net result: 2,970 shares were acquired through exercise and 1,524 shares were surrendered/withheld to cover taxes and costs, leaving a net increase of 1,446 shares held by the insider (shares owned after the transaction not reported in the filing).

Key Details

• Transaction date: 2026-05-08.
• Exercise: 2,970 shares @ $12.16 (total exercise cost $36,115) — Transaction code M (option exercise).
• Withholding/tax disposition: 1,524 shares @ $38.06 (value ~$58,003) — Transaction code F (shares withheld to cover exercise cost/taxes).
• Footnotes: F1 — award expired May 8, 2026; F2 — shares withheld per the equity incentive plan to satisfy option cost and tax liability; F3 — Not Applicable.
• Shares owned after the transaction: Not reported in the provided filing.
• Filing timeliness: Form filed 2026-05-12 for a 2026-05-08 transaction — appears to be filed late (Form 4 is normally due within two business days).

Context

• This was an option exercise with shares withheld to cover taxes and exercise obligations — effectively a net (cashless-style) settlement rather than an open-market sale or purchase. Withholding of shares to cover tax/exercise costs is common and does not necessarily indicate a change in insider sentiment.