Rhoads Jed 4

What Happened

• Jed Rhoads, a director of Radian Group Inc. (RDN), received an award of 4,300 restricted stock units (RSUs) on 2026-05-21. The grant is an equity award to non‑employee directors and each RSU represents a contingent right to one share of common stock. No purchase price or cash payment was involved (award/grant transaction).

Key Details

• Transaction date: 2026-05-21 (reported on Form 4 filed 2026-05-26).
• Transaction type/code: A — Award/Grant of derivative securities (RSUs).
• Shares/units granted: 4,300 RSUs; price: N/A (no cash paid).
• Vesting: Time‑based RSUs vest on May 25, 2027 (footnote).
• Purpose: Annual equity award to non‑employee directors (footnote).
• Shares owned after transaction: Not disclosed in the filing.
• Filing timing: Reported 5 days after the transaction date (filed 2026-05-26 for a 2026-05-21 grant), which appears later than the SEC’s usual 2 business‑day Form 4 reporting window.

Context

• These RSUs are a deferred equity grant (a derivative award) rather than an open‑market purchase or sale; they represent a contingent right to future shares if vesting conditions are met. Such director awards are routine compensation and do not by themselves indicate a buy/sell decision by the director.