Radian Group Inc. Announces New Long-Term Incentive Awards and Formalizes Severance Plan for Executive Officers

Reuters
2025/05/29
<a href="https://laohu8.com/S/RDN">Radian Group Inc</a>. Announces New Long-Term Incentive Awards and Formalizes Severance Plan for Executive Officers

Radian Group Inc. has announced new compensation terms under its 2025 Long-Term Incentive Awards, as approved by its Compensation and Human Capital Management Committee. The awards, granted to executive officers including CEO Richard G. Thornberry and President and CFO Sumita Pandit, are part of the Radian Group Inc. 2021 Equity Compensation Plan. These awards consist of performance-based restricted stock units that will vest based on the growth in the company's "LTI Book Value per Share," adjusted by a "Relative TSR Modifier" over a three-year period. Additionally, Radian has formalized its severance practices through a new Severance Plan, which provides structured benefits to eligible employees involuntarily terminated from employment, while maintaining existing severance agreements with named executive officers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Radian Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-129515), on May 28, 2025, and is solely responsible for the information contained therein.

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