Form 4: Radian Group Executive Robert Quigley Reports Stock Transactions
SEC Form 4 Filing
EVP, Controller & CAO of Radian Group, Robert Quigley, reports acquisition and disposal of company stock related to vesting of restricted stock units.
Summary
- Robert Quigley, EVP, Controller & CAO of Radian Group Inc., filed a Form 4 on December 26, 2024, reporting changes in beneficial ownership of the company's stock.
- On December 20, 2024, Quigley acquired 3,333 shares of common stock upon the vesting of time-based Restricted Stock Units (RSUs) granted on December 20, 2022.
- Also on December 20, 2024, 1,450 shares were withheld by the company to satisfy tax liabilities incurred upon the distribution of the RSUs at a price of $32.05.
- Following these transactions, Quigley directly owns 50,275 shares of Radian Group Inc. common stock and 3,334 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 12/20/2022 | Date of grant for the time-based RSUs that vested. |
| 12/20/2024 | Date of stock acquisition and disposal due to RSU vesting and tax withholding. |
| 12/26/2024 | Date of Form 4 filing. |
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