FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Hoffman Edward J
2. Issuer Name and Ticker or Trading Symbol

RADIAN GROUP INC [ RDN ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Sr. EVP, General Counsel
(Last)          (First)          (Middle)

RADIAN GROUP INC., 1500 MARKET STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

5/13/2020
(Street)

PHILADELPHIA, PA 19102
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units - Time Vested Award $0.0 (1)5/13/2020  A   29120    5/13/2023 (2) (5)Common Stock 29120 (2) (5)29120 (2)D  
Restricted Stock Units - Performance Award $0.0 (1)5/13/2020  A   V 51780    5/13/2023 (3) (5)Common Stock 51780 (3)(4) (5)51780 (3)(4)D  

Explanation of Responses:
(1) Each RSU represents a contingent right to receive one share of common stock.
(2) Vesting of time-based RSUs occurs pro rata on each of the first, second and third anniversaries of the date of grant.
(3) Vesting of the performance-based RSUs occurs on the third anniversary of the grant date (between 0 and 103,560 shares), subject to the Company's cumulative growth in "LTI Book Value" per share (as defined in the grant document). Distribution of shares is generally subject to a one-year holding period after vesting.
(4) The number of reported performance-based RSUs represents the target award, with grantees having the potential to earn a number of shares up to 200% of the target award.
(5) Not Applicable.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Hoffman Edward J
RADIAN GROUP INC.
1500 MARKET STREET
PHILADELPHIA, PA 19102


Sr. EVP, General Counsel

Signatures
/s/ Edward J. Hoffman5/15/2020
**Signature of Reporting PersonDate

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