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Radian Group (NYSE: RDN) sets interim CFO Kobell’s 2026 pay

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8-K/A

Rhea-AI Filing Summary

Radian Group Inc. is amending a prior report to detail the compensation package for Daniel Kobell, who was appointed Senior Executive Vice President and Interim Chief Financial Officer effective February 12, 2026.

Effective February 21, 2026, Mr. Kobell’s annual base salary is set at $500,000. He is eligible for the company’s short-term incentive program with a target award equal to 100% of base salary, prorated from the salary increase date. He is also eligible for long-term equity incentive programs, with a $1,000,000 target award for 2026, subject to future review by the Compensation and Human Capital Management Committee as described in the company’s 2026 proxy statement.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Interim CFO base salary $500,000 per year Effective February 21, 2026
Short-term incentive target 100% of base salary Prorated from salary increase effective date in 2026
Long-term equity incentive target $1,000,000 for 2026 Target level award for 2026 long-term equity program
Appointment effective date February 12, 2026 Effective date of interim CFO appointment for Daniel Kobell
Committee approval date March 30, 2026 Date compensation committee approved Kobell’s compensation arrangements
short-term incentive program financial
"eligibility to participate in the Company’s short-term incentive program, or any successor plan"
long-term equity incentive programs financial
"eligibility to participate in any long-term equity incentive programs established by the Company"
Compensation and Human Capital Management Committee financial
"the Compensation and Human Capital Management Committee of the Board of Directors of the Company approved"
Compensation Discussion and Analysis financial
"as described in the “Compensation Discussion and Analysis” section of the Company’s 2026 Proxy Statement"
Understanding 8-K Material Events →
RADIAN GROUP INC true 0000890926 0000890926 2026-02-12 2026-02-12
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 8-K/A

(Amendment No. 1)

 

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d)

of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 12, 2026

 

 

Radian Group Inc.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware   1-11356   23-2691170

(State or Other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

550 East Swedesford Road, Suite 350

Wayne, Pennsylvania, 19087

(Address of Principal Executive Offices, and Zip Code)

(215) 231-1000

(Registrant’s Telephone Number, Including Area Code)

 

(Former Name or Former Address, if Changed Since Last Report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

  ☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

  ☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

  ☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  ☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

  

Trading
Symbol(s)

  

Name of each exchange

on which registered

Common Stock, $0.001 par value per share   RDN   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 

Explanatory Note

This Amendment No. 1 to the Current Report on Form 8-K (this “Amendment”) amends Item 5.02 of Radian Group Inc.’s (the “Company”) Current Report on Form 8-K filed with the Securities and Exchange Commission on February 12, 2026, 2022 (the “Original Form 8-K”). This Amendment should be read in conjunction with the Original Form 8-K.

 

Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

As described in the Original Form 8-K, effective February 12, 2026, Daniel Kobell was appointed Senior Executive Vice President, Interim Chief Financial Officer. In connection with his Interim Chief Financial Officer appointment, on March 30, 2026, the Compensation and Human Capital Management Committee of the Board of Directors of the Company approved the following compensation arrangements for Mr. Kobell: (1) an annual base salary of $500,000 effective as of February 21, 2026, the first day of the first payroll period following the appointment to his new role; (2) eligibility to participate in the Company’s short-term incentive program, or any successor plan, with a target incentive award equal to 100% of his base salary prorated as of the effective date of the salary increase; and (3) eligibility to participate in any long-term equity incentive programs established by the Company for its senior level executives, with a target level award of $1,000,000 for 2026, in each case, with amounts and targets subject to review and change for future periods as determined by the Compensation and Human Capital Management Committee of the Company’s Board of Directors and as described in the “Compensation Discussion and Analysis” section of the Company’s 2026 Proxy Statement.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

      RADIAN GROUP INC.
Date: April 3, 2026      
    By:  

/s/ Richard G. Thornberry

      Richard G. Thornberry, Chief Executive Officer

Source: View Original Filing on SEC EDGAR

FAQ

What executive compensation change did Radian Group (RDN) disclose?

Radian Group detailed the compensation package for interim CFO Daniel Kobell. It set his base salary, bonus target, and long-term equity award for 2026, replacing the prior filing’s incomplete disclosure about his pay terms.

What is interim CFO Daniel Kobell’s base salary at Radian Group (RDN)?

Daniel Kobell’s annual base salary as interim CFO is $500,000. This salary is effective February 21, 2026, which is the first day of the first payroll period following his appointment to the new role at Radian Group.

How is the short-term incentive structured for Radian Group’s (RDN) interim CFO?

Mr. Kobell is eligible for Radian’s short-term incentive program with a target award equal to 100% of his base salary. The incentive is prorated from the effective date of his salary increase in 2026, aligning his bonus opportunity with time in the role.

What long-term equity incentives will Radian Group (RDN) grant its interim CFO?

For 2026, Daniel Kobell is eligible for long-term equity incentive programs with a target award of $1,000,000. These equity awards follow programs used for senior executives and may be reviewed and changed in future periods by the board committee.

Why did Radian Group (RDN) file this 8-K/A amendment?

Radian Group filed the amendment to update Item 5.02 with full compensation details for interim CFO Daniel Kobell. It supplements the earlier report that announced his appointment by specifying his salary, bonus target, and long-term equity incentive amounts for 2026.

Who approved the compensation package for Radian Group’s (RDN) interim CFO?

The Compensation and Human Capital Management Committee of Radian Group’s board approved Mr. Kobell’s compensation. On March 30, 2026, the committee set his base salary, short-term incentive target, and 2026 long-term equity incentive target in line with senior executive programs.

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