Macia Seraina 4
Research Summary
AI-generated summary
Radian (RDN) Director Macia Seraina Receives 4,300 RSUs
What Happened Macia Seraina, a director of Radian Group Inc. (RDN), received a grant of 4,300 restricted stock units (RSUs) on 2026-05-21. The award is reported as a derivative award (RSUs) with no purchase price or immediate cash value reported. This appears to be a routine annual equity award for non-employee directors rather than a market purchase or sale.
Key Details
- Transaction date: 2026-05-21 (reported on Form 4 filed 2026-05-26). Filing is within the required reporting window.
- Transaction type: Grant/Award (code A) of 4,300 RSUs (derivative security). Price: N/A; total value not specified in the filing.
- Vesting: Time-based RSUs vest on May 25, 2027.
- Footnotes: Each RSU represents a contingent right to receive one share of common stock; award is the director’s annual equity grant to non-employee directors.
- Shares owned after transaction: Not reported in this filing.
Context RSUs are a deferred-compensation award and do not represent immediate share ownership until they vest and are settled (typically for shares). Director RSU grants are common corporate governance practice to align long-term interests; they are not the same signal as an open-market purchase or sale.