Rhoads Jed 4

What Happened

• Jed Rhoads, a director of Radian Group Inc. (RDN), had time‑based restricted stock units (RSUs) vest on May 15, 2026. The RSU conversion resulted in the acquisition of 4,837 shares (exercise/conversion code M; exercise price shown as $0.00).
• The company withheld 5 shares to satisfy state tax withholding at $36.93 per share (payment/tax withholding code F), equal to about $185. Net new shares received were 4,832.
• This was a vesting/conversion event (award-to-stock), not an open‑market purchase or sale; such vesting is typically routine compensation.

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (filed within the normal 2 business-day window).
• Shares acquired via vesting/conversion: 4,837 RSUs → 4,837 common shares (exercise price $0.00).
• Shares withheld for taxes: 5 shares @ $36.93 each = ~$185 (company withholding to satisfy state tax obligations).
• Footnotes: F1 notes these were time‑based RSUs granted May 21, 2025; F2 confirms shares withheld for state tax withholding; F3 clarifies each RSU converts to one common share.
• Shares owned after the transaction are not provided in the supplied data.

Context

• This was an RSU vesting event (derivative conversion), not an insider purchase or sale that would signal a directional view on the stock. The brief withholding to cover taxes is common in RSU settlements.
• The filing appears timely; no indication of a late filing or a 10% owner transaction.