8-K
filed May 21, 2026, 5:26 PM ET
ticker RDN
CIK 0000890926
leadership
confidence high
sentiment neutral
materiality 0.75
Radian appoints Michael Weinbach as CEO; Rick Thornberry to retire in August 2026
RADIAN GROUP INC
- Weinbach named CEO-Elect effective June 1, 2026; becomes CEO and Board member on August 13, 2026.
- Current CEO Richard Thornberry retires as CEO and Board member August 12, 2026; remains Strategic Advisor through Dec 31, 2026.
- Weinbach previously President at Mr. Cooper and Wells Fargo Consumer Lending CEO; total target compensation from 2027 at least $9M.
- Sign-on equity: $2.5M performance stock units and 150,000 time-based RSUs (subject to matching share purchase).
- Board adopts 2026 Inducement Grant Equity Plan reserving 500,000 shares for inducement awards.
Machine-readable event card
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- https://www.sec.gov/Archives/edgar/data/890926/000119312526234920/0001193125-26-234920-index.htm
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- https://www.sec.gov/Archives/edgar/data/890926/000119312526234920/d67298d8k.htm
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