Macia Seraina 4

What Happened

• Macia Seraina, a director of Radian Group Inc. (RDN), had 1,237 time‑based RSUs vest on May 15, 2026. The RSUs converted into 1,237 shares of common stock (transaction code M: exercise/conversion). The reported acquisition price was $0.00 (no cash paid); the RSU awards were extinguished in the conversion.

Key Details

• Transaction date: 2026-05-15; Form 4 filed: 2026-05-19.
• Shares acquired: 1,237 common shares; acquisition price reported $0.00 (total paid $0).
• Report shows a corresponding disposition of 1,237 derivative units (the RSUs) as they converted to shares.
• Footnotes: F1 = Vesting of time‑based RSUs granted Feb 11, 2026; F2 = Each RSU equals one share.
• Shares owned after the transaction: not disclosed in the information provided.
• Filing timeliness: Form 4 was filed four days after the transaction (appears to be later than the typical two business‑day filing requirement).

Context

• This was a routine equity award vesting (RSU conversion), not an open‑market purchase or sale. The derivative line showing "disposed" reflects the RSUs being converted into shares, not a sale of shares. Such vesting is common executive/director compensation and does not by itself indicate buying or selling sentiment in the market.