<SEC-DOCUMENT>0001062993-24-010691.txt : 20240517
<SEC-HEADER>0001062993-24-010691.hdr.sgml : 20240517
<ACCEPTANCE-DATETIME>20240517174650
ACCESSION NUMBER:		0001062993-24-010691
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240515
FILED AS OF DATE:		20240517
DATE AS OF CHANGE:		20240517

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Dickerson Mary
		CENTRAL INDEX KEY:			0001846300
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11356
		FILM NUMBER:		24961625

	MAIL ADDRESS:	
		STREET 1:		RADIAN GROUP INC.
		STREET 2:		1500 MARKET ST., #2050W
		CITY:			PHILADELPHIA
		STATE:			PA
		ZIP:			19102

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RADIAN GROUP INC
		CENTRAL INDEX KEY:			0000890926
		STANDARD INDUSTRIAL CLASSIFICATION:	SURETY INSURANCE [6351]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				232691170
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		550 EAST SWEDESFORD ROAD
		STREET 2:		SUITE 350
		CITY:			WAYNE
		STATE:			PA
		ZIP:			19087
		BUSINESS PHONE:		2155646600

	MAIL ADDRESS:	
		STREET 1:		550 EAST SWEDESFORD ROAD
		STREET 2:		SUITE 350
		CITY:			WAYNE
		STATE:			PA
		ZIP:			19087

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CMAC INVESTMENT CORP
		DATE OF NAME CHANGE:	19960126
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>form4.xml
<DESCRIPTION>STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
<TEXT>
<XML>
<?xml version="1.0"?>
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    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-05-15</periodOfReport>

    <issuer>
        <issuerCik>0000890926</issuerCik>
        <issuerName>RADIAN GROUP INC</issuerName>
        <issuerTradingSymbol>RDN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001846300</rptOwnerCik>
            <rptOwnerName>Dickerson Mary</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>RADIAN GROUP INC.</rptOwnerStreet1>
            <rptOwnerStreet2>550 E. SWEDESFORD ROAD, #350</rptOwnerStreet2>
            <rptOwnerCity>WAYNE</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>19087</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Sr. EVP, CPO &amp; COO</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

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                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-05-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
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                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
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                    <footnoteId id="F9"/>
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                <transactionAcquiredDisposedCode>
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                    <value>A</value>
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                <sharesOwnedFollowingTransaction>
                    <value>18077</value>
                </sharesOwnedFollowingTransaction>
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                <transactionCode>M</transactionCode>
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                    <value>2623</value>
                    <footnoteId id="F3"/>
                </transactionShares>
                <transactionPricePerShare>
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                </transactionAcquiredDisposedCode>
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                <sharesOwnedFollowingTransaction>
                    <value>20700</value>
                </sharesOwnedFollowingTransaction>
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                    <value>D</value>
                </directOrIndirectOwnership>
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        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
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            <transactionCoding>
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                <transactionCode>M</transactionCode>
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            <transactionAmounts>
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                    <footnoteId id="F4"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F9"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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                </transactionAcquiredDisposedCode>
            </transactionAmounts>
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                <sharesOwnedFollowingTransaction>
                    <value>21191</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2024-05-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionAmounts>
                <transactionShares>
                    <value>2216</value>
                    <footnoteId id="F5"/>
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                    <footnoteId id="F9"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
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                <sharesOwnedFollowingTransaction>
                    <value>18975</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Units - Time-based Award</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F9"/>
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            <transactionDate>
                <value>2024-05-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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            <transactionAmounts>
                <transactionShares>
                    <value>1537</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F10"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2024-05-15</value>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F10"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>1537</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeTransaction>
        <derivativeTransaction>
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                <value>Restricted Stock Units - Time-based Award</value>
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            </conversionOrExercisePrice>
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                <value>2024-05-15</value>
            </transactionDate>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
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                <transactionShares>
                    <value>1890</value>
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                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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            <exerciseDate>
                <value>2024-05-15</value>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F10"/>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
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            </underlyingSecurity>
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                <value>2024-05-15</value>
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                <underlyingSecurityShares>
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                    <value>5247</value>
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                    <value>D</value>
                </directOrIndirectOwnership>
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            <securityTitle>
                <value>Restricted Stock Units - Performance Award</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F9"/>
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                <value>2024-05-15</value>
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                <transactionFormType>4</transactionFormType>
                <transactionCode>M</transactionCode>
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                <transactionShares>
                    <value>491</value>
                    <footnoteId id="F4"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F10"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
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            <exerciseDate>
                <value>2024-05-15</value>
                <footnoteId id="F7"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F10"/>
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                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
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                    <value>491</value>
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                    <value>14929</value>
                    <footnoteId id="F8"/>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
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        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021.</footnote>
        <footnote id="F2">Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 11, 2022.</footnote>
        <footnote id="F3">Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 17, 2023.</footnote>
        <footnote id="F4">Pursuant to the terms of the Company's equity incentive plan, represents the shares distributed to satisfy the tax liability incurred upon the vesting of the performance-based RSU award granted May 12, 2021, which are subject to a one-year post vest holding period.</footnote>
        <footnote id="F5">Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the distribution of the time-based RSUs granted on May 12, 2021, May 11, 2022, and May 17, 2023, as well as shares withheld by the Company to satisfy the tax liability incurred upon the vesting of 15,420 performance-based RSUs granted May 12, 2021, net of which remain subject to a one year post-vest hold.</footnote>
        <footnote id="F6">Includes an aggregate 1,185 shares of common stock acquired through the Radian Group Inc. Employee Stock Purchase Plan between June 30, 2023 and December 31, 2023.</footnote>
        <footnote id="F7">Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.</footnote>
        <footnote id="F8">Pursuant to the terms of the Company's equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 15,420 performance-based RSUs granted May 12, 2021.</footnote>
        <footnote id="F9">Each RSU represents a contingent right to receive one share of common stock.</footnote>
        <footnote id="F10">Not Applicable</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact</signatureName>
        <signatureDate>2024-05-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
