Form 4: Radian Group Director Fawad Ahmad Reports Stock Transactions
SEC Form 4 Filing
Director Fawad Ahmad of Radian Group Inc. reports the vesting of time-based Restricted Stock Units (RSUs) and subsequent tax withholding.
Summary
- On May 15, 2024, Fawad Ahmad, a director of Radian Group Inc., reported transactions involving the company's common stock.
- 5,899 time-based Restricted Stock Units (RSUs) vested.
- 14 shares were withheld by the company to satisfy state tax withholding obligations at a price of $31.34 per share.
- Following these transactions, Ahmad directly owns 5,885 shares of Radian Group Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they involve the vesting of previously granted equity and tax withholding.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | Date of grant for the time-based RSUs that vested. |
| 05/15/2024 | Date of the reported transactions: vesting of RSUs and tax withholding. |
| 05/17/2024 | Date of signature for the Form 4 filing. |
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