Form 4: Radian Group Inc. Executive Brien McMahon Reports Stock Transactions

Brien McMahon, Sr. EVP/Chief Franchise Officer at Radian Group Inc., reports the vesting and distribution of restricted stock units and subsequent tax withholding.

Summary

• On May 13, 2024, Brien McMahon, a Sr. EVP/Chief Franchise Officer at Radian Group Inc., reported transactions involving Radian Group Inc. common stock.
• 89,203 shares of common stock were distributed related to previously granted RSUs that vested on May 13, 2023, and were subject to a one-year post-vest hold.
• 33,006 shares were withheld by the company to satisfy tax liabilities incurred upon the distribution of the performance-based RSUs at a price of $31.43.
• Following these transactions, McMahon directly owns 189,803 shares of Radian Group Inc. common stock.
• The report also notes that McMahon owns 89,203 Restricted Stock Units Performance Award.

Sentiment

Score: 5

Explanation: This is a neutral reporting of stock transactions, with no inherent positive or negative implications.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.

Key Dates