4//SEC Filing
Brummer Derek 4
Accession 0001062993-24-011282
CIK 0000890926other
Filed
May 23, 8:00 PM ET
Accepted
May 24, 6:24 PM ET
Size
11.4 KB
Accession
0001062993-24-011282
Insider Transaction Report
Form 4
Brummer Derek
Chief Risk Officer
Transactions
- Sale
Common Stock
2024-05-23$31.33/sh−20,000$626,510→ 253,023 total - Award
Restricted Stock Units - Time-based Award
2024-05-22+25,550→ 25,550 totalExercise: $0.00From: 2027-05-15→ Common Stock (25,550 underlying) - Award
Restricted Stock Units - Performance Award
2024-05-22+42,070→ 42,070 totalExercise: $0.00From: 2027-05-15→ Common Stock (42,070 underlying) - Sale
Common Stock
2024-05-24$31.33/sh−35,000$1,096,571→ 218,023 total
Footnotes (5)
- [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 84,140 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]Not Applicable.
Issuer
RADIAN GROUP INC
CIK 0000890926
Entity typeother
Related Parties
1- filerCIK 0001578586
Filing Metadata
- Form type
- 4
- Filed
- May 23, 8:00 PM ET
- Accepted
- May 24, 6:24 PM ET
- Size
- 11.4 KB