secwatch.observer — SEC 8-K summary
======================================

Issuer:     RADIAN GROUP INC (RDN)
CIK:        0000890926
Form:       8-K
Filed at:   2023-01-20T23:59:59+00:00
Accession:  0001193125-23-012016
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/890926/000119312523012016/0001193125-23-012016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/890926/000119312523012016/d434994d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-012016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer