Bartholomew Meghan 4

What Happened
Meghan Bartholomew, Senior Executive Vice President and Co‑Head of Mortgage Insurance at Radian Group (RDN), was granted two restricted stock unit (RSU) awards on 2026-05-21 totaling 20,370 RSUs: 8,070 RSUs (time‑based) and 12,300 RSUs (performance‑based). These are awards (derivative securities) rather than open‑market purchases or sales, so no purchase price or immediate cash value is reported in the filing.

Key Details

• Transaction date: 2026-05-21; Form 4 filed: 2026-05-26 (filed after the two-business-day Form 4 deadline, so the filing appears late).
• Awards: 8,070 time‑based RSUs; 12,300 performance‑based RSUs (target). No per‑share price or immediate cash value reported (N/A).
• Vesting/timeframes:
  • Time‑based RSUs vest pro rata on each of the 1st, 2nd and 3rd anniversaries of May 25, 2026.
  • Performance RSUs are a target grant (may pay 0–200% of target, i.e., 0 to 24,600 shares) and vest on May 25, 2029 based on cumulative LTI Book Value per Share growth and Radian TSR vs. the S&P SmallCap 600 Financials (performance period = three years). Distribution generally subject to a one‑year post‑vest holding period.
• RSU meaning: Each RSU represents a contingent right to receive one share of common stock upon vesting.
• Shares owned after transaction: Not disclosed in the filing.
• No indication of a sale, cashless exercise, 10b5‑1 plan, or tax‑withholding sale connected to these grants in the reported filing.

Context
RSU grants are a common form of executive compensation and are contingent on future vesting and, for the performance portion, achievement of specified metrics. Because these are awards (not open‑market buys or sells), they should be viewed as compensation actions rather than direct signals of insider buying or selling intent.