Thornberry Richard G 4

4 · RADIAN GROUP INC · Filed May 23, 2025

Form 4

Period: 2025-05-21

DirectorChief Executive Officer

Transactions

Award
Restricted Stock Units - Performance Award
2025-05-21+131,100→ 131,100 total
Exercise: $0.00From: 2028-05-15→ Common Stock (131,100 underlying)
Award
Restricted Stock Units - Time-based Award
2025-05-21+78,600→ 78,600 total
Exercise: $0.00From: 2028-05-15→ Common Stock (78,600 underlying)

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, 2025.
[F3]Not Applicable
[F4]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.
[F5]Vesting of the performance-based RSUs occurs on May 15, 2028 (between 0 and 262,200 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.

Documents

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