Mumford Lisa 4

What Happened
Lisa Mumford, a director of Radian Group Inc. (RDN), had time‑based RSUs vest on May 15, 2026, resulting in the conversion of 4,837 RSU units into common shares. No exercise price was paid (reported $0.00). The company withheld 4 shares to satisfy state tax withholding (4 x $36.93 = $148), leaving a net delivery of 4,833 shares to Mumford.

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-19 (filed within the required reporting window).
• Primary codes: M = exercise/conversion of derivatives (RSU settlement); F = shares withheld for tax withholding.
• Shares: 4,837 RSUs converted to 4,837 common shares; 4 shares withheld for taxes (net 4,833 delivered).
• Prices/values: exercise price reported $0.00 (no cash paid); tax withholding price reported $36.93/share; withholding amount $148.
• Footnotes: F1 = vesting of time‑based RSUs granted 5/21/2025; F2 = shares withheld by company for state tax; F3 = each RSU equals one share; F4 = N/A.
• Shares owned after transaction: Not stated in the provided filing details.

Context
This was an RSU vesting/settlement, not a market purchase or open‑market sale. The filing shows conversion of RSU derivatives into common stock and a small share withholding to cover tax obligations (a routine, administrative disposition rather than an indicator of trading sentiment).