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Radian Group Executive Compensation (FY25)

RDN · Wayne, PA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 27, 2026
219 figures on this page: 208 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Richard Thornberry, Chief Executive Officer, received $11,318,967 in total compensation for fiscal 2025. Meanwhile, the compensation disclosed runs fiscal 2022 through fiscal 2025, and the disclosed peer group includes Arch Capital Group Ltd., Assured Guaranty Ltd., Enact Holdings, Inc., Essent Group Ltd. and First American Financial Corporation, among others. Separately, shareholders recorded 95.5% support for the say-on-pay proposal at the meeting held May 21, 2026 for fiscal 2025. The fiscal 2025 disclosure covers 3 named executive officers.
Chief executive, fiscal 2025
◇
Richard Thornberry
Latest say-on-pay support
=
May 21, 2026

Frequently asked questions

Answers drawn from the data on this page.
Who is Radian Group's chief executive and what were they paid?
Richard Thornberry, Chief Executive Officer, received $11,318,967 in total compensation for fiscal 2025.
What was Radian Group's say-on-pay result?
Shareholders recorded 95.5% support for the say-on-pay proposal at the meeting held May 21, 2026 for fiscal 2025.
Which companies are in Radian Group's peer group?
The disclosed peer group includes Arch Capital Group Ltd., Assured Guaranty Ltd., Enact Holdings, Inc., Essent Group Ltd. and First American Financial Corporation, among others.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Thornberry
Chief Executive Officer
◇—◇—◇—◇◇
Edward Hoffman
EVP General Counsel and Corporate Secretary
◇—◇—◇——◇
Brien McMahon
EVP Chief Franchise Officer and Co-Head of homegenius
◇—◇—◇——◇
Robert Quigley
Chief Accounting Officer (Principal Financial Officer through May 17, 2023)
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Thornberry
Chief Executive Officer
◇—◇—◇—◇◇
Sumita Pandit
EVP Chief Financial Officer (Principal Financial Officer)
◇—◇—◇—◇◇
Edward Hoffman
EVP General Counsel and Corporate Secretary
◇—◇—◇—◇◇
Brien McMahon
EVP Chief Franchise Officer and Co-Head of homegenius
◇—◇—◇—◇◇
Robert Quigley
Chief Accounting Officer (Principal Financial Officer through May 17, 2023)
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Derek Brummer
President, Mortgage Insurance
◇—◇—◇—◇◇
Sumita Pandit
Senior Executive Vice President, Chief Financial Officer
◇—◇—◇—◇◇
Brien McMahon
Former EVP Chief Franchise Officer and Co-Head of homegenius
Departed during or after this year
◇—◇———◇◇
Edward Hoffman
Senior Executive Vice President, General Counsel
◇—◇—◇—◇◇
Eric Ray
Senior Executive Vice President, Chief Digital Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Richard Thornberry
Chief Executive Officer
◇—◇—◇—◇◇
Meghan Bartholomew
Senior Executive Vice President, Co-Head of Mortgage Insurance
————————
Daniel Kobell
Senior Executive Vice President and interim Chief Financial Officer
Served on an interim basis
————————
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Derek V. BrummerRSU◇——◇——◇
Derek V. BrummerPSU◇—◇—◇—◇
Edward J. HoffmanRSU◇——◇——◇
Edward J. HoffmanPSU◇—◇—◇—◇
Eric R. RayRSU◇——◇——◇
Eric R. RayPSU◇—◇—◇—◇
Mary C. DickersonRSU◇——◇——◇
Mary C. DickersonPSU◇—◇—◇—◇
Richard G. ThornberryRSU◇——◇——◇
Richard G. ThornberryPSU◇—◇—◇—◇
Sumita PanditPSU◇—◇—◇—◇
Sumita PanditRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Sumita PanditPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Richard ThornberryRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Edward HoffmanPSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Eric RayPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
Derek BrummerPSU◇◇——
PSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Howard B. Culang
◇◇————◇
Seraina Macia served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board equity retainer◇
Board chair premium◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Arch Capital Group Ltd. ACGL
  • Assured Guaranty Ltd. AGO
  • Enact Holdings, Inc. ACT
  • Essent Group Ltd. ESNT
  • First American Financial Corporation FAF
  • MGIC Investment Corporation MTG
  • Mr. Cooper Group, Inc. symbol not shown
  • NMI Holdings, Inc. NMIH
  • Old Republic International Corporation ORI
  • PennyMac Financial Services, Inc. PFSI
  • RenaissanceRe Holdings Ltd. RNR
  • Stewart Information Services Corp. STC
  • Walker & Dunlop, Inc. WD

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 21, 2026=◇◇◇
2024May 21, 2025=◇◇◇
2023May 22, 2024=◇◇◇
2022May 17, 2023=◇◇◇
2021May 11, 2022=◇◇◇
2020May 12, 2021=◇◇◇
2019May 13, 2020=◇◇◇
2018May 15, 2019=◇◇◇
2017May 9, 2018=◇◇◇
2016May 10, 2017=◇◇◇
2015May 11, 2016=◇◇◇
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What this page does not include

Everything above is a fact Radian Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Radian Group sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
219 figures on this page: 208 cited to the filing that reported them, 11 calculated from figures it prints.
208 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001193125-26-241992
  2. 0001193125-26-140155
    2025 Director Compensation · 2025 Grants of Plan Based Awards · B. DEFERRED COMPENSATION · Grants of Plan-Based Awards · and 1 more section
  3. 0001193125-25-129515
  4. 0000950170-25-048046
    2024 Summary Compensation Table
  5. 0001193125-24-149231
  6. 0000890926-24-000021
    2023 Summary Compensation Table
  7. 0001193125-23-151815
  8. 0000890926-23-000035
    2022 Summary Compensation Table · Summary Compensation Table
  9. 0001157523-22-000632
  10. 0001157523-21-000655
  11. 0001193125-20-146258
  12. 0001193125-19-151811
  13. 0001193125-18-164115
  14. 0001157523-17-001589
  15. 0001157523-16-005645
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Velarion, “Radian Group executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/RDN (accessed 2026).
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Insurance rankings

Chief executive pay — InsuranceCEO pay ratio — InsuranceSay-on-pay support — Insurance

Peers Radian Group discloses

The companies named in RDN's own disclosed peer group.

Arch Capital Group Ltd.Assured Guaranty Ltd.Enact Holdings, Inc.Essent Group Ltd.MGIC Investment CorporationNMI Holdings, Inc.Old Republic International CorporationRenaissanceRe Holdings Ltd.Walker & Dunlop, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy