Form 4: Radian Group Director Brad L. Conner Reports Stock Transactions
SEC Form 4 Filing
Director Brad L. Conner reports the vesting of restricted stock units and subsequent tax withholding, resulting in a net change in his beneficial ownership of Radian Group Inc. stock.
Summary
- On May 15, 2025, Brad L. Conner, a director of Radian Group Inc., reported transactions involving the company's common stock.
- 5,109 time-based Restricted Stock Units (RSUs) vested.
- Concurrently, 5 shares were withheld by the company to cover state tax obligations at a price of $34.04 per share.
- Following these transactions, Conner's direct ownership stands at 34,015 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for company insiders, providing transparency into their trading activities and ownership positions.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects the standard vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of grant for the time-based RSUs that vested on May 15, 2025. |
| 05/15/2025 | Date of transaction: Vesting of RSUs and tax withholding. |
| 05/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Radian Group Inc, RDN, Director, Brad L. Conner, Stock, RSU, Beneficial Ownership
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