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 *

Ray Eric		 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. Exec Vice President
(Last)          (First)          (Middle)

RADIAN GROUP INC., 550 E SWEDESFORD ROAD, #350		 3. Date of Earliest Transaction (MM/DD/YYYY)

5/13/2022
(Street)

WAYNE, PA 19087
(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
Common Stock 5/13/2022  M  8599 (1)A$0 (8)58653 D  
Common Stock 5/15/2022  M  5803 (2)A$0 (8)64456 D  
Common Stock 5/15/2022  M  3774 (3)A$0 (8)68230 D  
Common Stock 5/15/2022  M  1357 (4)A$0 (8)69587 D  
Common Stock 5/15/2022  F  8709 (5)D$21.19 60878 D  

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-based Award $0 (8)5/13/2022  M     8599 (1) 5/13/2022  (9)Common Stock 8599 (1) (9)8862 D  
Restricted Stock Units - Time-based Award $0 (8)5/15/2022  M     5803 (2) 5/15/2022  (9)Common Stock 5803 (2) (9)11607 D  
Restricted Stock Units - Time-based Award $0 (8)5/15/2022  M     3774 (3) 5/15/2022  (9)Common Stock 3774 (3) (9)0 D  
Restricted Stock Units - Performance Award $0 (8)5/15/2022  F     1357 (4) 5/15/2022 (6) (9)Common Stock 1357 (4) (9)33520 (7)D  
Explanation of Responses:
(1) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 13, 2020.
(2) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 12, 2021.
(3) Represents shares of common stock acquired upon the vesting of one-third of time-based RSUs granted on May 15, 2019.
(4) Represents the shares netted for taxes from the vesting of the performance-based RSU award granted May 15, 2019, which are subject to a one-year post vest holding period
(5) Pursuant to the terms of the Company's equity incentive plan, represents shares withheld by the Company to satisfy the tax liability incurred upon the distribution of the time-based RSUs granted on each of May 15, 2019, May 13, 2020 and May 12, 2021, as well as shares withheld by the Company to satisfy the tax liability incurred upon the vesting of performance-based RSUs granted May 15, 2019, net of which remain subject to a one year post-vest hold.
(6) Vesting occurred on the third anniversary of the grant date based on satisfaction of performance metrics.
(7) Pursuant to the terms of the Company???s equity incentive plan, represents net shares subject to a one-year post vest hold upon vesting of 33,520 performance-based RSUs granted May 15, 2019.
(8) Each RSU represents a contingent right to receive one share of common stock.
(9) Not Applicable.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Ray Eric
RADIAN GROUP INC.
550 E SWEDESFORD ROAD, #350
WAYNE, PA 19087

Sr. Exec Vice President
Signatures
Edward J. Hoffman /s/, Edward J. Hoffman, (POA) Atty-in-fact5/17/2022
**Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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