Conner Brad L. 4

What Happened

• Brad L. Conner, a director of Radian Group Inc. (RDN), received a grant of 4,300 restricted stock units (RSUs) reported on 2026-05-21. The filing lists the transaction as an award/grant (code A) and shows no per-share price (N/A) because these are derivative RSUs, not an open-market purchase or sale.
• These RSUs are time-based and will convert into common shares only if and when they vest on May 25, 2027. This is a routine equity award to a non-employee director rather than an immediate cash purchase or sale.

Key Details

• Transaction date: 2026-05-21; Form 4 filed: 2026-05-26 (filed within the reporting deadline).
• Shares/units granted: 4,300 RSUs; price: N/A (derivative award).
• Shares owned after transaction: not disclosed in this filing.
• Footnotes: each RSU represents a contingent right to one share; award is an annual equity award to non-employee directors; RSUs vest on 2027-05-25.
• Transaction code: A (Award/Grant). No indication of tax withholding, 10b5-1 plan, or sale.

Context

• RSU grants to directors are common as part of board compensation; they do not represent an immediate purchase or sale and only convert to shares upon vesting. Such awards are typically considered routine and do not, by themselves, signal a director buying or selling the stock.