RADIAN GROUP INC
For the period ended Mar 31, 2025. Filed May 2, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 2, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 5. Other Information
Except as described below, none of the directors or officers (as defined in Rule 16a-1(f) promulgated under the Exchange Act) of the Company adopted orterminated any Rule 10b5-1 trading arrangement or any non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K) during the three months ended March 31, 2025.
Each of Lisa W. Hess, a Director of the Company, and Edward J. Hoffman, Senior Executive Vice President and General Counsel, entered into a Rule 10b5-1 trading plan that is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended, and the Company’s policies regarding transactions in Company securities.
Ms. Hess entered into the trading plan on February 14, 2025, pursuant to which she may sell a maximum of 45% of the shares of the Company’s common stock that will be distributed to her upon her retirement from the board in May 2025, which number of shares that can be sold will not exceed 53,788 shares. Sales pursuant to the trading plan will occur at prevailing market prices (subject to a price threshold) on set dates through the expiration of the plan on August 1, 2025, or theearlier completion of all sales under the plan.
Mr. Hoffman entered into the trading plan on February 18, 2025, pursuant to which he may sell up to a maximum aggregate number of 60,000 shares of the Company’s common stock, with sales occurring at prevailing market prices (subject to a price threshold) on set dates through the expiration of the plan on January 30, 2026, or theearlier completion of all sales under the plan.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.