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.
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