4/AFiled Aug 6, 8:00 PM ET
Radian (RDN) Sr. EVP Meghan Bartholomew Receives RSUs; Shares Withheld
$RDN · RADIAN GROUP INCResearch Summary
AI-generated summary of this SEC filing
Radian (RDN) Sr. EVP Meghan Bartholomew Receives RSUs; Shares Withheld
What Happened Meghan Bartholomew, Senior Executive VP and Co‑Head of Mortgage Insurance at Radian Group (RDN), had restricted stock units (RSUs) convert/vest on May 15, 2026. The filing shows conversion/acquisition of 8,898 shares (6,525 performance-based RSUs + 920 + 747 + 706 time‑based RSUs) reported as derivative conversions (code M) at $0.00. The company withheld 2,532 shares to satisfy the tax liability (code F) at $36.93 per share, totaling $93,507. Net shares delivered to Ms. Bartholomew after withholding were 6,366.
Key Details
- Transaction date: May 15, 2026; Amended Form 4 filed August 7, 2026 (filing was late / amended).
- Acquired (conversion/vesting): 8,898 shares reported at $0.00 (M = conversion of RSUs).
- Withheld/disposed for taxes: 2,532 shares at $36.93 each, total $93,507 (F = tax withholding).
- Net shares received after withholding: 6,366 (8,898 − 2,532).
- Shares owned after transaction: Not reported in the filing.
- Footnotes: Vesting includes performance‑based RSUs (granted May 17, 2023) and time‑based RSUs from grants on May 17, 2023; May 22, 2024; and May 21, 2025. Withholding was pursuant to the company’s equity incentive plan to satisfy tax liability.
Context
- Code M indicates conversion/exercise of derivative awards (here, RSUs converting into common stock). Code F indicates shares withheld to cover tax obligations — effectively a net‑settlement of the award rather than an open‑market sale.
- This is a routine, compensation‑related vesting and withholding transaction and does not by itself signal a purchase or opportunistic sale by the insider.