Form 4: Radian Group EVP, Controller & CAO Robert Quigley Reports Stock Sale
SEC Form 4
Robert Quigley, EVP, Controller & CAO of Radian Group Inc., reports the sale of 7,500 shares of common stock at $35.65 per share on August 27, 2024.
Summary
- On August 27, 2024, Robert Quigley, the EVP, Controller & CAO of Radian Group Inc., sold 7,500 shares of the company's common stock.
- The sale price was $35.65 per share.
- Following the transaction, Quigley directly owns 48,392 shares of Radian Group Inc. common stock.
- The report also notes that Quigley acquired 134 shares of common stock through the Radian Group Inc. Employee Stock Purchase Plan on June 30, 2024.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock trading activity by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, providing transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although it is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| June 30, 2024 | Acquisition of 134 shares through Employee Stock Purchase Plan |
| August 27, 2024 | Sale of 7,500 shares of common stock at $35.65 per share |
| August 28, 2024 | Date of report filing |
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