Form 4: Radian Group Director Lisa Mumford Reports Stock Transactions
SEC Form 4 Filing
Director Lisa Mumford reports the vesting of time-based Restricted Stock Units (RSUs) and subsequent tax withholding of shares.
Summary
- On May 15, 2024, Lisa Mumford, a director of Radian Group Inc., reported transactions involving the company's common stock.
- 5,899 time-based Restricted Stock Units (RSUs) vested.
- The vesting of these RSUs occurred on May 15, 2024, relating to an award granted on May 17, 2023.
- 9 shares were withheld by the company to satisfy state tax withholding obligations at a price of $31.34 per share.
- Following these transactions, Mumford directly owns 22,382 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 is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | Date of original grant of time-based RSUs. |
| 05/15/2024 | Date of RSU vesting and tax withholding. |
| 05/17/2024 | Date of signature of the report. |
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