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?

No insider open-market purchases in the last 12 months

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.

Need both buyback and insider purchase data

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

Insiders bought $0M, sold $2M in the last 90 days (net selling)

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

Company buying back stock while insiders sold 9960491.0x more than bought. 2 C-suite officers among sellers

• Ray Eric (Sr EVP, Chief Digital Officer) sold 13,957 shares on 2025-12-02
• Thornberry Richard G (Chief Executive Officer) sold 20,000 shares on 2025-10-28
• Thornberry Richard G (Chief Executive Officer) sold 20,000 shares on 2025-09-23
• Thornberry Richard G (Chief Executive Officer) sold 20,000 shares on 2025-08-26
• Thornberry Richard G (Chief Executive Officer) sold 20,000 shares on 2025-07-29
• Thornberry Richard G (Chief Executive Officer) sold 20,000 shares on 2025-06-24
• Ray Eric (Sr EVP, Chief Digital Officer) sold 30,000 shares on 2025-06-06
• Thornberry Richard G (Chief Executive Officer) sold 20,000 shares on 2025-05-28