Radian grants incoming CEO Michael Weinbach 412,110 restricted stock units under inducement plan
Radian Group Inc.
Radian Group Inc. RDN | 0.00 |
- Radian granted incoming CEO Michael Weinbach equity inducement awards under its 2026 Inducement Grant Equity Plan, effective June 1, 2026.
- Awards total 412,110 restricted stock units, including 262,110 performance-based RSUs tied to 2026 long-term incentive conditions.
- Includes 150,000 time-based RSUs vesting in three annual installments, subject to continued employment and a share-purchase match by Dec. 31, 2026.
- Weinbach met the match condition through an open-market purchase of 170,000 Radian shares upon joining.
- He becomes CEO on Aug. 13, 2026, succeeding Rick Thornberry, who plans to retire effective Dec. 31, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Radian Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202606031630BIZWIRE_USPR_____20260603_BW670443) on June 03, 2026, and is solely responsible for the information contained therein.
