Form 4: Radian Group Inc. Director Howard Culang Reports Stock Transactions
SEC Form 4 Filing
Howard Culang, a director at Radian Group Inc., reports the vesting of time-based RSUs and shares withheld for tax obligations.
Summary
- On May 15, 2024, Howard Culang, a director at Radian Group Inc., reported transactions involving the company's common stock.
- 10,815 shares were acquired through the vesting of time-based Restricted Stock Units (RSUs) granted on May 17, 2023.
- 11 shares were disposed of to satisfy state tax withholding obligations at a price of $31.34 per share.
- Following these transactions, Culang directly owns 18,854 shares of Radian Group Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock transactions by a company director, with no inherently positive or negative implications.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 05/17/2023 | Date of grant for time-based RSUs that vested on May 15, 2024. |
| 05/15/2024 | Date of RSU vesting and tax withholding. |
| 05/17/2024 | Date of signature for the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.