# EDGAR Filing Document

**Accession Number:** 0002112744
**File Stem:** 0000890926-26-000015
**Filing Date:** 2026-2
**Character Count:** 14827
**Document Hash:** 7d4281e36e688c1c5a4ba86346ef65c6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000890926-26-000015.hdr.sgml**: 20260223

**ACCESSION NUMBER**: 0000890926-26-000015

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260212

**FILED AS OF DATE**: 20260223

**DATE AS OF CHANGE**: 20260223

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Kobell Daniel
- **CENTRAL INDEX KEY:** 0002112744

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-11356
- **FILM NUMBER:** 26666868

**MAIL ADDRESS:**
- **STREET 1:** 550 EAST SWEDESFORD RD.
- **STREET 2:** SUITE 350
- **CITY:** WAYNE
- **STATE:** PA
- **ZIP:** 19087
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RADIAN GROUP INC
- **CENTRAL INDEX KEY:** 0000890926
- **STANDARD INDUSTRIAL CLASSIFICATION:** SURETY INSURANCE [6351]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 232691170
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 550 EAST SWEDESFORD ROAD
- **STREET 2:** SUITE 350
- **CITY:** WAYNE
- **STATE:** PA
- **ZIP:** 19087
- **BUSINESS PHONE:** 2155646600

**MAIL ADDRESS:**
- **STREET 1:** 550 EAST SWEDESFORD ROAD
- **STREET 2:** SUITE 350
- **CITY:** WAYNE
- **STATE:** PA
- **ZIP:** 19087

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CMAC INVESTMENT CORP
- **DATE OF NAME CHANGE:** 19960126

## Exhibit 24.1

```

CONFIRMING STATEMENT

This Statement confirms that the undersigned has authorized and
designated Elizabeth Diffley and Edward J. Hoffman to execute
and file on the undersigned's behalf all Forms 3, 4 and 5
(including any amendments thereto) that the undersigned may be
required to file with the United States Securities and Exchange
Commission as a result of the undersigned's ownership of or
transactions in securities of Radian Group Inc.  The authority
of Elizabeth Diffley and Edward J. Hoffman under this Statement
shall continue until the undersigned is no longer required to
file Forms 3, 4 or 5 with regard to the undersigned's ownership
of or transactions in securities of Radian Group Inc., unless
earlier revoked in writing.  The undersigned acknowledges that
none of Elizabeth Diffley, Edward J. Hoffman, or Radian Group
Inc. is assuming any of the undersigned's responsibilities to
comply with Section 16 of the Securities Exchange Act of 1934.

Dated:   February 17, 2026		 /s/ Daniel Kobell
					Daniel Kobell

POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby makes,
constitutes and appoints each of Elizabeth Diffley and
Edward J. Hoffman with full power of substitution and re-substitution,
acting individually, as the undersigned's true and lawful
attorney-in-fact (each of such persons and their substitutes hereafter
referred to as an "Attorney-in-Fact"), with full power and authority as
hereinafter described on behalf of and in the undersigned's name, place
and stead, in the undersigned's capacity as an officer, director or
stockholder of Radian Group Inc. (the "Company") to:

(1) Take such actions as may be necessary or appropriate,
including obtaining credentials (including codes or passwords),
to enable the undersigned to submit and file documents, forms
and information required by Section 16(a) of the Securities
Exchange Act of 1934, as amended (the "Exchange Act") or
any rule or regulation of the U.S. Securities and Exchange
Commission (the "SEC") via the Electronic Data Gathering
and Retrieval ("EDGAR") system, including (i) preparing,
executing in the undersigned's name and on the undersigned's
behalf, and submitting to the SEC a Form ID (and any
amendments thereto) or any other documents necessary or
appropriate to obtain such credentials and legally bind
the undersigned for purpose of the Form ID or such other
documents; and (ii) enrolling the undersigned in EDGAR Next
or any successor filing system;

(2) act as an account administrator for the undersigned's EDGAR
account, including: (i) appointing, removing and replacing
account administrators, technical administrators, account users, and
delegated entities; (ii) maintaining the security of the undersigned's
EDGAR account, including modification of access codes; (iii)
maintaining, modifying and certifying the accuracy of information on the
undersigned's EDGAR account dashboard; and (iv) taking any other
actions contemplated by Rule 10 of Regulation S-T;

(3) cause the Company to accept a delegation of authority from
the undersigned's EDGAR account administrators and authorize such
delegate's EDGAR account administrators pursuant to that
delegated entity designation to appoint, remove or replace users for the
undersigned's EDGAR account;

(4) prepare, execute and submit to the SEC, the Company, and any
national securities exchange on which the Company's securities
are listed, for and on behalf of the undersigned and in the
undersigned's capacity as an officer, director or stockholder of the Company,
any and all reports (including any amendments thereto) that are
required to be filed with such body, or which any Attorney-in-Fact
considers advisable to file with such body, including but not limited to
Forms 3, 4 and 5 relating to the Company in accordance with
Section 16(a) of the Exchange Act the rules and regulations promulgated
thereunder, and Forms 144 in accordance with Rule 144 under the
Securities Act of 1933, as amended (the "Securities Act");

(5) seek or obtain, as the undersigned's representative and on
the undersigned's behalf, information on transactions in the
Company's securities from any third party, including brokers, employee
benefit plan administrators and trustees, and the undersigned hereby
authorizes any such third parties to release any such information
to any Attorney-in-Fact and further approves and ratifies any
such release of information;

(6) do and perform any and all acts for and on behalf of the
undersigned that may be necessary or desirable to prepare,
complete and execute any such Form 3, 4 or 5, or Forms 144, and any
amendments thereto, or other required report, and timely file such forms or
reports with the SEC and any stock exchange or similar authority
as considered necessary or advisable under Section 16(a) of the
Exchange Act or Rule 144 of the Securities Act; and

(7) take any other action of any type whatsoever in connection
with the foregoing that such Attorney-in-Fact reasonably believes may
be of benefit to, in the best interest of, or legally required of, the
undersigned, it being understood that the documents executed by
such Attorney-in-Fact on behalf of the undersigned pursuant to this
Limited Power of Attorney will be in such form and will contain such
disclosure, information, terms and conditions as such Attorney-in-Fact, in
such Attorney-in-Fact's sole discretion, deems necessary or
advisable.

The undersigned hereby acknowledges that (a) the foregoing
Attorneys-in-Fact are serving in such capacity at the request of
the undersigned; (b) this Limited Power of Attorney authorizes, but
does not require, each such Attorney-in-Fact to act in the Attorney-
in-Fact's discretion on information provided to such Attorney-in-Fact
without independent verification of such information; (c) neither the
Company, nor any Attorney-in-Fact assumes (i) any liability for the
undersigned's responsibility to timely comply with the requirements of the
Exchange Act or the Securities Act, (ii) any liability of the undersigned for
any failure to comply with such requirements, (iii) any liability
for any action or inaction by an Attorney-in-Fact relating to their service as
an account administrator for the undersigned's EDGAR account, or (iv) any
obligation or liability of the undersigned for profit disgorgement under
Section 16(b) of the Exchange Act; and (d) this Limited Power of Attorney does
not relieve the undersigned from responsibility for compliance with the
undersigned's obligations under the Exchange Act and the Securities Act,
including, without limitation, the reporting requirements under Section 16
of the Exchange Act.

This Limited Power of Attorney will remain in full force and
effect until the undersigned is no longer required to file Forms 3, 4
and 5 or Forms 144 with respect to the undersigned's holdings
of, and transactions in, securities issued by the Company, unless
earlier revoked as to any Attorney-in-Fact by the undersigned in a
signed writing delivered to such Attorney-in-Fact.

Notwithstanding the foregoing, if any such Attorney-in-Fact hereafter ceases
to be an employee of the Company, then this Limited Power of Attorney
will be automatically revoked solely as to such individual, immediately
upon such cessation, without any further action by the undersigned.

The undersigned hereby revokes all previous powers of attorney
that had been granted by or on their behalf in connection with
reporting obligations, if any, under Section 16 of the Exchange
Act and Rule 144 under the Securities Act with respect to
holdings of and transactions in securities issued by the Company.

IN WITNESS WHEREOF, the undersigned has caused this Limited
Power or Attorney to be Executed as of this 17th day of February, 2026.

/s/ Daniel Kobell
Printed Name: Daniel Kobell

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Kobell Daniel<br><sub>(Last) (First) (Middle)</sub><br>RADIAN GROUP INC., 550 E SWEDESFORD ROAD

#350<br><sub>(Street)</sub><br>WAYNE, PA 19087<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>RADIAN GROUP INC [ RDN ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2026-02-12 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [ ] 10% Owner<br>[X] Officer (give title below)   [ ] Other (specify below)<br>_Sr. EVP, Interim CFO_ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Common Stock | 3311 | D |  |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units - Performance Award | 2026-05-15 | <sup>(1)</sup> | Common Stock | 7080<sup>(3)(4)</sup> | 0<sup>(2)</sup> | D |  |
| Restricted Stock Units - Performance Award | 2027-05-15 | <sup>(1)</sup> | Common Stock | 6230<sup>(3)(5)</sup> | 0<sup>(2)</sup> | D |  |
| Restricted Stock Units - Performance Award | 2028-05-15 | <sup>(1)</sup> | Common Stock | 6350<sup>(3)(6)</sup> | 0<sup>(2)</sup> | D |  |
| Restricted Stock Units - Time-based Award | 2026-05-15 | <sup>(1)</sup> | Common Stock | 1574<sup>(7)</sup> | 0<sup>(2)</sup> | D |  |
| Restricted Stock Units - Time-based Award | 2027-05-15 | <sup>(1)</sup> | Common Stock | 2774<sup>(8)</sup> | 0<sup>(2)</sup> | D |  |
| Restricted Stock Units - Time-based Award | 2028-05-15 | <sup>(1)</sup> | Common Stock | 4240<sup>(9)</sup> | 0<sup>(2)</sup> | D |  |

---

### Footnotes:

(1) N/A

(2) Each RSU represents a contingent right to receive one share of common stock.

(3) 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.

(4) Vesting of the performance-based RSUs occurs on May 15, 2026 (between 0 and 14,160 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period.

(5) Vesting of the performance-based RSUs occurs on May 15, 2027 (between 0 and 12,460 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period.

(6) Vesting of the performance-based RSUs occurs on May 15, 2028 (between 0 and 12,700 shares) based on the Company's cumulative growth in "LTI Book Value per Share" and Radian's total stockholder return (TSR) as compared to the average TSR of a designated peer group, in each case over a three-year performance period.

(7) The award was granted on May 17, 2023 and the award vests proportionately on the first, second and third anniversary of May 15, 2023. Shares reported outstanding are unvested and reflect the remaining one-third of the shares granted.

(8) The award was granted on May 22, 2024 and the award vests proportionately on the first, second and third anniversary of May 15, 2024. Shares reported outstanding are unvested and reflect the remaining two-thirds of the shares granted.

(9) The award was granted on May 21, 2025 and the award vests proportionately on the first, second and third anniversary of May 15, 2025.

**Signature:** Elizabeth Diffley /s/,Elizabeth Diffley, (POA) Atty-in-fact  
**Date:** 2026-02-23

### Remarks:

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 Number.**