Early Access — free while we kick the tires
EdgarHawk

RDN RADIAN GROUP INC Insider Trading

Latest: CEO Bought $5.8M of Shares · Jun 2026

Multiple insiders have been active at RADIAN GROUP INC (RDN): 6 distinct insiders account for 1 buy filing and 21 sell filings as of Jul 2026. Its highest-significance filing in the last 90 days: CEO Michael S Weinbach bought $5.8M, transaction dated Jun 2026.

22 filings analyzed · Latest 2026-07-16

Get alerts for RDN

Free Form 4 email alerts, scored for significance — see how.

Buys
1
Sells
21
Insiders
6
Direction
Net selling

RADIAN GROUP INC leadership

CEO
Daniel Kobell — Chief Executive Officer
CEO
Richard G. Thornberry — Chief Executive Officer
COO
Fawad Ahmad — Executive Vice President, Chief Operating and Customer Officer
General Counsel
Elizabeth A. Diffley — Senior Corporate Counsel and Corporate Secretary
Chair
Howard B. Culang — Non-executive Chairman of the Board

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a low insider sell (n ≈ 1,162, 2024-2026). Past results don't predict the future. How we measure this ↗

July 2026
2026-07-16 10b5-1 Plan
low
Sr EVP, General Counsel
20,000 shares
$780,000
@ $39.00
Significance 4

Edward J Hoffman, then-GC of Radian Group, sold 20,000 shares at $39.00 on 2026-07-14 via 10b5-1 plan; post-sale holdings 126,543 shares.

Edward J Hoffman, who was General Counsel at the time, executed a sale of 20,000 shares (126.5K shares post-transaction) as part of a pre-arranged 10b5-1 trading plan, meaning the transaction was scheduled rather than discretionary. Across his same-ticker history at RDN, his four prior sales yielded mixed near-term returns: the most recent two sales on 2026-05-08 and 2026-04-29 resulted in 30-day declines of -11.0% and -7.7% respectively, while older sales in 2025 and 2024 showed smaller swings. The stock is currently trading at $39.14, only -4.6% from its 52-week high and +11.1% over the past 30 days, indicating recent strength. Radian's fundamentals show modest profitability (P/E 9.25, net income $124.1M on revenue of $466.3M) but an annual revenue decline of -7.2%, warranting monitoring of operational trajectory alongside this scheduled equity reduction.

June 2026
2026-06-02
high
Chief Executive Officer- Elect
170,000 shares
$5,768,292
@ $33.93
Significance 7

CEO-Elect Michael S Weinbach purchases 170,000 shares for $5,768,292.20 across two trades in June 2026

Michael S Weinbach, Chief Executive Officer-Elect, executed two separate open-market purchases totaling 170,000 shares for $5,768,292.20 with a blended average price of $33.93, moving from zero prior shareholding to 170,000 shares. The transaction occurred as the stock traded at $33.79 current price, which is -13.0% from the 52-week high of $38.84 within a 52-week range of $31.50–$38.84. This represents a substantial equity commitment by an incoming executive at a company with a P/E of 7.99 and market cap of $4.5B, where recent quarterly revenue stands at $466.3M with net income of $124.1M, though annual revenue growth shows -7.2% year-over-year contraction.

May 2026
2026-05-12 10b5-1 Plan
medium
Sr EVP, General Counsel
15,000 shares
$570,000
@ $38.00
Significance 4

Sr EVP General Counsel Hoffman sells 15,000 RDN shares for $570K while stock rallies; mixed track record on prior RDN exits.

Edward Hoffman, the company's Senior Executive Vice President and General Counsel, executed a net sale of approximately 9,960 shares on May 8, 2026, as part of a combined transaction that included an exercise of stock-based compensation. The sale portion alone—15,000 shares valued at approximately $570,000—represents a material reduction in his holdings. Radian Group is a profitable, revenue-growing company with strong fundamentals, and the stock has recently rallied substantially over a multi-month period, trading near its 52-week high. Hoffman's recent sale track record at this ticker shows mixed results: his most recent prior sale in late April was poorly timed as the stock continued to edge higher afterward, but two earlier sales in 2025 and 2024 delivered better outcomes, with the stock declining in at least one timeframe after each. This is the 12th open-market sale Hoffman has executed across all companies in the past 36 months, reflecting a consistent pattern of net disposition rather than accumulation. The mixed timing of his prior RDN exits—neither strongly predictive nor obviously off-base—combined with his persistent selling activity across his portfolio, suggests no clear signal about the near-term direction of Radian shares.

April 2026
2026-04-30 10b5-1 Plan
medium
Sr EVP, General Counsel
15,000 shares
$555,000
@ $37.00
Significance 4

Sr. EVP General Counsel Edward Hoffman sells 15,000 RDN shares worth $555k, reducing stake by 12%

Edward Hoffman, the company's senior executive responsible for legal and compliance, sold a meaningful stake (over one-tenth of his holdings) while Radian Group trades at its 52-week highs. The timing is notable: the stock has rebounded sharply in recent weeks and is at peak valuations, a classic moment when executives often lock in gains. However, this sale must be contextualized against the company's strong fundamentals—Radian is profitable with improving earnings, trading at a reasonable valuation multiple. This is a modest reduction by a legal executive, not a panic dump by a top revenue driver, suggesting routine portfolio rebalancing rather than loss of confidence in the business. For retail investors, this is a yellow flag worth noting but not a red alert—monitor whether other executives follow suit, as that would signal deeper concern about the stock's sustainability at current levels.

October 2025
2025-10-29 10b5-1 Plan
medium
Chief Executive Officer
20,000 shares
$664,728
@ $33.24
Significance 5

CEO Richard G Thornberry sold 20,000 shares (20.0K shares) of RDN at $33.24; stock now -11.1% from 52-week high

Chief Executive Officer Richard G Thornberry sold 20,000 shares of Radian Group at $33.24 on 2025-10-28, reducing holdings from 918.9K to 898.9K shares (-2.2%). The sale occurred as the stock trades at $33.11, down 11.1% from its 52-week high and down 9.1% over the trailing 30 days. His prior sales at RDN show mixed timing outcomes: 2 of 3 measurable 90-day results were negative (well-timed sells at -0.8% and -0.6%), though outcomes from his two most recent RDN sales in September and August remain unmeasurable. The company's fundamentals remain solid with P/E of 7.65, annual revenue growth of 4.0%, and net income of $141.8M on $318.0M quarterly revenue, providing context that the recent price decline occurs amid stable operational performance.

September 2025
2025-09-24 10b5-1 Plan
low
Chief Executive Officer
20,000 shares
$725,604
@ $36.28
Significance 4

CEO Thornberry sells 20,000 RDN shares at $36.28; retains 918.9K shares post-transaction

Thornberry Richard G, Chief Executive Officer of Radian Group Inc, sold 20,000 shares for $725,600.00 on 2025-09-23 at $36.28, representing a -2.1% reduction of his holdings to 918.9K shares. This follows a pattern of frequent sales: 5 prior trades at RDN over the past five months. Looking at his same-ticker timing: his 90-day well-timed rate stands at 33.3% (1 of 3 measurable outcomes), and his recent April and May 2025 sales have both posted positive 90-day returns (+6.5% and +1.8%), indicating the stock rose after those sales. The company maintains a strong earnings profile with $318.0M in latest quarterly revenue, $141.8M net income, and a notably low P/E of 8.40, suggesting the stock is not trading at depressed levels. The current price of $36.36 is -2.3% from the 52-week high of $37.23, and the stock has posted a +4.5% gain over the past 30 days. The pattern of consistent sales by the CEO over recent months, combined with the stock's resilience and the company's profitable fundamentals, does not reveal an obvious directional signal.

August 2025
2025-08-27 10b5-1 Plan
low
Chief Executive Officer
20,000 shares
$694,764
@ $34.74
Significance 4

RDN CEO Thornberry sells 20,000 shares at $34.74; stock trading -5.0% from 52-week high.

Richard G. Thornberry, CEO of Radian Group, sold 20,000 shares (20.0K shares) at $34.74 on 2025-08-26, reducing his holdings from 958.9K to 938.9K shares (-2.1%). At the transaction price, the stock was trading within its 52-week range of $30.48–$36.80 and currently sits at $34.95, which is -5.0% from the 52-week high. Thornberry's prior trades at RDN show mixed timing outcomes: of 3 measurable 90-day periods, 0 were well-timed (stock rose after sale in all cases), indicating his recent sells at this ticker have not preceded declines. His cross-ticker track record shows a 42.86% well-timed rate across 9 prior sells, with an average 90-day return of +0.2% following his sales, suggesting sells have modestly preceded gains. The modest sale size and continued large residual holding suggest portfolio management activity in the context of company fundamentals showing strong profitability (net income $141.8M on revenue $318.0M) and a relatively low P/E of 8.07.

July 2025
2025-07-31 10b5-1 Plan
medium
Chief Executive Officer
20,000 shares
$677,986
@ $33.90
Significance 5

RDN CEO Richard G Thornberry sold 20,000 shares at $33.90 on 2025-07-29; stock now at $32.61, down -12.2% from 52-week high

Richard G Thornberry, Chief Executive Officer of Radian Group, sold 20,000 shares at $33.90 on 2025-07-29, reducing holdings from 978,878 to 958,878 shares (-2.0%). The shares now trade at $32.61, representing a -12.2% decline from the 52-week high of $37.16 and a -10.8% drop over the preceding 30 days. Across his cross-ticker track record, Thornberry's 8 prior sells averaged -0.8% return at 30 days and -0.1% at 90 days, with a 50.00% well-timed rate; however, his prior RDN sales (5 measurable trades) show 0 of 3 evaluable at 90 days were well-timed, indicating sell timing at this specific ticker has not consistently preceded price declines. The company's fundamentals show a P/E of 7.34 and positive annual revenue growth of +4.0%, though recent 30- and 90-day price momentum have both turned negative. The timing of this sale relative to the subsequent sharp price decline warrants observation of whether this pattern reflects emerging weakness or represents noise in a fundamentally stable position.

June 2025
2025-06-25 10b5-1 Plan
low
Chief Executive Officer
20,000 shares
$734,160
@ $36.71
Significance 4

RDN: CEO Thornberry sold 20,000 shares at $36.71 on 2025-06-24 (total $734.2K); retains 978.1K shares.

Richard G. Thornberry, Chief Executive Officer of Radian Group Inc, sold 20,000 shares for $734.2K on 2025-06-24 at $36.71, reducing his holding by 2.0% to 978.1K shares. The sale occurred near the 52-week high of $37.16, with the stock currently trading at $35.69. His cross-ticker track record shows 7 prior sells with a 60.00% well-timed rate, though this specific transaction's timing cannot yet be assessed. At RDN, his prior five trades show mixed outcomes: three sales with measurable 90-day returns showed a 33% well-timed rate (only the 2025-03-25 sale preceded a gain). The company trades at a P/E of 8.04 with $318.1M quarterly revenue and positive fundamentals (4.0% annual growth, $144.6M net income), providing no obvious distress signal.

2025-06-24 10b5-1 Plan
low
Sr EVP, General Counsel
20,000 shares
$720,000
@ $36.00
Significance 4

Sr EVP Hoffman sold 20,000 RDN shares at $36.00 on 2025-06-23; 11% of holdings.

Edward J Hoffman, Sr EVP and General Counsel, sold 20,000 shares at $36.00, reducing his position by 11.0% to 161,586 shares held post-transaction. The sale occurred at a price near the 52-week high of $37.16, within the trading range but notably near recent peaks as the stock has appreciated 9.8% over 30 days and 10.1% over 90 days. Hoffman's cross-ticker track record shows 2 prior sells with a 50.00% well-timed rate at the 90-day mark, and his prior sales of RDN stock (in 2024 and 2023) displayed mixed outcomes, with one well-timed at the 90-day mark. The company's fundamentals remain stable with a P/E of 8.23 and recent net income of $144.6M, indicating a solid financial position despite modest 4.0% annual revenue growth. This sale does not appear responsive to deteriorating fundamentals but reflects execution in a stock that has recently gained ground.

More Insurance Carriers companies