RDN RADIAN GROUP INC

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q1 2026: $209M, Q3 2025: $49M, Q2 2025: $50M, Q1 2025: $50M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $209M vs trailing avg $50M (+321%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-32M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 19,361,000 shares = 13.1% of 147,569,000 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

2 open-market purchases by 1 insiders

• Weinbach Michael S (Chief Executive Officer- Elect) bought 49,513 shares at $34.04 on 2026-06-02
• Weinbach Michael S (Chief Executive Officer- Elect) bought 120,487 shares at $33.89 on 2026-06-01

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 4 quarters and 2 insider purchases by 1 insiders (no calendar overlap, but both independently active)

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $6M, sold $3M in the last 90 days (net buying)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected