Form 4: Radian Group Director Leyden Reports Stock Transactions
SEC Form 4 Filing
Director Margaret Anne Leyden reports the vesting of time-based RSUs and subsequent tax withholding of shares.
Summary
- On May 15, 2024, Margaret Anne Leyden, a director of Radian Group Inc., reported the vesting of 4,108 time-based Restricted Stock Units (RSUs).
- These RSUs were initially granted on August 9, 2023.
- Following the vesting, 7 shares of common stock were withheld by the company to satisfy state tax withholding obligations at a price of $31.34 per share.
- After these transactions, Leyden directly owns 4,101 shares of Radian Group Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports routine stock transactions related to executive compensation.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the equity holdings of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 08/09/2023 | Date of grant for the time-based RSUs that vested. |
| 05/15/2024 | Date of RSU vesting and tax withholding. |
| 05/17/2024 | Date of Form 4 filing. |
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