4//SEC Filing
McMahon Brien 4
Accession 0001062993-24-011274
CIK 0000890926other
Filed
May 23, 8:00 PM ET
Accepted
May 24, 6:17 PM ET
Size
13.5 KB
Accession
0001062993-24-011274
Insider Transaction Report
Form 4
McMahon Brien
EVP & Chief Franchise Officer
Transactions
- Exercise/Conversion
Common Stock
2024-05-23$15.44/sh+8,210$126,762→ 208,346 total - Sale
Common Stock
2024-05-23$31.10/sh−74,740$2,324,623→ 133,606 total - Award
Restricted Stock Units - Time-based Award
2024-05-22+11,500→ 11,500 totalExercise: $0.00From: 2027-05-15→ Common Stock (11,500 underlying) - Award
Restricted Stock Units - Performance Award
2024-05-22+18,930→ 18,930 totalExercise: $0.00From: 2027-05-15→ Common Stock (18,930 underlying) - Exercise/Conversion
Non-qualified Stock Option
2024-05-23−8,210→ 0 totalExercise: $0.00From: 2018-06-17Exp: 2024-06-16→ Common Stock (8,210 underlying)
Footnotes (6)
- [F1]Each RSU represents a contingent right to receive one share of common stock.
- [F2]Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 15, 2024.
- [F3]The number of reported performance-based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award.
- [F4]Vesting of the performance-based RSUs occurs on May 15, 2027 (between 0 and 37,860 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period. Distribution of the shares generally is subject to a one-year post-vest holding period.
- [F5]Stock option exercise of an award expiring June 16, 2024.
- [F6]Not Applicable
Issuer
RADIAN GROUP INC
CIK 0000890926
Entity typeother
Related Parties
1- filerCIK 0001723148
Filing Metadata
- Form type
- 4
- Filed
- May 23, 8:00 PM ET
- Accepted
- May 24, 6:17 PM ET
- Size
- 13.5 KB