SEC Form 4 · accession 0000890926-26-000126
RADIAN GROUP INC · RDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S Weinbach
Officer — Chief Executive Officer- Elect
Period of report
Jun 1, 2026
Accepted (ET)
Jun 3, 2026 · 4:58 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000890926
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units - Time-based AwardF3,F2,F1 | $0.00 | Jun 1, 2026 | A | 150,000 | A | May 25, 2029 | — | Common Stock | 150,000 | 150,000 | D |
| Restricted Stock Units - Performance AwardF4,F3,F5,F1 | $0.00 | Jun 1, 2026 | A | 185,020 | A | May 25, 2029 | — | Common Stock | 185,020 | 185,020 | D |
| Restricted Stock Units - Performance AwardF4,F3,F6,F1 | $0.00 | Jun 1, 2026 | A | 77,090 | A | May 25, 2029 | — | Common Stock | 77,090 | 77,090 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive one share of common stock.
- F2Vesting of the time-based RSUs occurs pro rata on each of the first, second and third anniversaries of May 25, 2026.
- F3Not Applicable
- F4The number of reported performance-based RSUs represents the target award, with the grantee having the potential to earn a number of shares up to 200% of the target award.
- F5Vesting of the performance-based RSUs occurs on May 25, 2029 (between 0 and 370,040 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) in comparison to the TSR of each of the companies included in the S&P SmallCap 600 Financials index as of April 1, 2026, in each case over a three-year performance period. Distribution of the shares generally is subject to a one-year post-vest holding period.
- F6Vesting of the performance-based RSUs occurs on May 25, 2029 (between 0 and 154,180 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) in comparison to the TSR of each of the companies included in the S&P SmallCap 600 Financials index as of April 1, 2026, in each case over a three-year performance period. Distribution of the shares generally is subject to a one-year post-vest holding period.