Radian Group Inc.

02/23/2026 | Press release | Distributed by Public on 02/23/2026 17:15

Initial Statement of Beneficial Ownership (Form 3)

FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Kobell Daniel
2. Date of Event Requiring Statement (Month/Day/Year)
02/12/2026
3. Issuer Name and Ticker or Trading Symbol
RADIAN GROUP INC [RDN]
(Last) (First) (Middle)
RADIAN GROUP INC., 550 E SWEDESFORD ROAD, #350
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. EVP, Interim CFO
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
WAYNE, PA 19087
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 3,311 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units - Performance Award 05/15/2026 (1) Common Stock 7,080(3)(4) $0(2) D
Restricted Stock Units - Performance Award 05/15/2027 (1) Common Stock 6,230(3)(5) $0(2) D
Restricted Stock Units - Performance Award 05/15/2028 (1) Common Stock 6,350(3)(6) $0(2) D
Restricted Stock Units - Time-based Award 05/15/2026 (1) Common Stock 1,574(7) $0(2) D
Restricted Stock Units - Time-based Award 05/15/2027 (1) Common Stock 2,774(8) $0(2) D
Restricted Stock Units - Time-based Award 05/15/2028 (1) Common Stock 4,240(9) $0(2) D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Kobell Daniel
RADIAN GROUP INC., 550 E SWEDESFORD ROAD
#350
WAYNE, PA 19087
Sr. EVP, Interim CFO

Signatures

Elizabeth Diffley /s/,Elizabeth Diffley, (POA) Atty-in-fact 02/23/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) N/A
(2) Each RSU represents a contingent right to receive one share of common stock.
(3) The number of reported performance-based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award.
(4) Vesting of the performance-based RSUs occurs on May 15, 2026 (between 0 and 14,160 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period.
(5) Vesting of the performance-based RSUs occurs on May 15, 2027 (between 0 and 12,460 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period.
(6) Vesting of the performance-based RSUs occurs on May 15, 2028 (between 0 and 12,700 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period.
(7) The award was granted on May 17, 2023 and the award vests proportionately on the first, second and third anniversary of May 15, 2023. Shares reported outstanding are unvested and reflect the remaining one-third of the shares granted.
(8) The award was granted on May 22, 2024 and the award vests proportionately on the first, second and third anniversary of May 15, 2024. Shares reported outstanding are unvested and reflect the remaining two-thirds of the shares granted.
(9) The award was granted on May 21, 2025 and the award vests proportionately on the first, second and third anniversary of May 15, 2025.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
Radian Group Inc. published this content on February 23, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 23, 2026 at 23:15 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]