Mumford Lisa 4
4 · RADIAN GROUP INC · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
Radian (RDN) Director Lisa Mumford Receives RSU Award
What Happened Lisa Mumford, a director of Radian Group Inc. (RDN), received a grant of 4,300 restricted stock units (RSUs) on May 21, 2026 as an annual equity award to non‑employee directors. The award is reported as a derivative grant (transaction code A); no per‑share price or immediate cash value is reported because RSUs represent contingent rights to receive shares upon vesting. These time‑based RSUs vest on May 25, 2027.
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-26. Filing appears timely given the May 25 federal holiday.
- Transaction type/code: Award/Grant (A) — 4,300 RSUs; price: N/A (derivative).
- Shares owned after transaction: Not disclosed in the provided filing.
- Relevant footnotes: F1 — each RSU equals a contingent right to one share; F2 — annual award to non‑employee directors; F3 — RSUs vest May 25, 2027; F4 — Not Applicable.
- No indication in the filing of a 10b5‑1 plan, cashless sale, or tax‑withholding action at grant.
Context RSUs are a form of compensation that convert into actual shares (and typically become taxable) only when they vest; this grant is routine director compensation rather than an open‑market purchase or sale. Because the award is time‑based and vests in 2027, there is no immediate change in Mumford’s tradable share position until vesting (and any subsequent sale or withholding actions would be reported separately).
Insider Transaction Report
- Award
Restricted Stock Units - Time-based Award
[F1][F2][F4][F3]2026-05-21+4,300→ 4,300 totalExercise: $0.00From: 2027-05-25→ Common Stock (4,300 underlying)
Footnotes (4)
- [F1]Each RSU represents a contingent right to receive one share of common stock.
- [F2]Award represents an annual equity award to non-employee directors.
- [F3]The time-based RSUs vest on May 25, 2027.
- [F4]Not Applicable