Form 4: Radian Group Inc. Director Culang Reports Dividend Equivalent Rights Acquisition
SEC Form 4
Howard Bernard Culang, Non-Executive Chairman of the Board at Radian Group Inc., reports acquisition of dividend equivalent rights.
Summary
- On September 11, 2024, Howard Bernard Culang, the Non-Executive Chairman of the Board at Radian Group Inc., acquired 490.768 dividend equivalent rights.
- These rights are associated with previously awarded Phantom Stock Units and will be settled proportionately with the original awards upon his retirement from the Board of Directors.
- Following this transaction, Culang directly owns 10,486.199 shares of Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Future Outlook
The dividend equivalent rights will be settled in stock upon retirement from the Board of Directors.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and holdings, and doesn't necessarily reflect broader industry trends.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of transaction: Acquisition of dividend equivalent rights. |
| 09/12/2024 | Date of signature of the report. |
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