Radian Group CFO J. Franklin Hall involuntarily terminated; separation agreement signed Jan 13, 2023

RADIAN GROUP INC

Termination effective Dec 14, 2022; Hall expected to remain through Feb 28, 2023 for transition.
Separation agreement provides $750,000 severance (1.5x base) plus $750,000 lump sum (1.5x target STI).
Equity awards receive vesting credit through Dec 31, 2023 if Hall provides transition consultation.
2022 STI paid at target times corporate funding percentage; prorated 2023 STI approx. $80,822.
12-month non-compete and non-solicit; release of claims required for benefits.

item 5.02 item 9.01

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Departed

J. Franklin Hall

Chief Financial Officer

RDN · RADIAN GROUP INC

Effective: 2022-12-14
Filed: January 20, 2023, 6:59 PM ET

On December 15, 2022, Radian Group Inc. (the “Company”) reported that J. Franklin Hall was no longer serving as the Company’s Chief Financial Officer (principal financial officer), effective December 14, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

J. Franklin Hall was terminated as Chief Financial Officer at RADIAN GROUP INC.

Action: terminated
Role: Chief Financial Officer

Exact text from the filing

On December 15, 2022, Radian Group Inc. (the “Company”) reported that J. Franklin Hall was no longer serving as the Company’s Chief Financial Officer (principal financial officer), effective December 14, 2022.

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RADIAN GROUP INC filing history →

Source: SEC EDGAR

accession 0001193125-23-012016

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