The estimated Net Worth of Derek Brummer is at least $13.6 Million dollars as of 5 September 2024. Mr. Brummer owns over 35,153 units of Radian stock worth over $6,299,287 and over the last 10 years he sold RDN stock worth over $4,544,929. In addition, he makes $2,801,710 as President - Mortgage at Radian.
Derek has made over 24 trades of the Radian stock since 2016, according to the Form 4 filled with the SEC. Most recently he sold 35,153 units of RDN stock worth $1,243,010 on 5 September 2024.
The largest trade he's ever made was exercising 115,108 units of Radian stock on 13 May 2024 worth over $3,887,197. On average, Derek trades about 20,974 units every 92 days since 2014. As of 5 September 2024 he still owns at least 186,535 units of Radian stock.
You can see the complete history of Mr. Brummer stock trades at the bottom of the page.
Derek V. Brummer serves as President - Mortgage of the Company. He was appointed to his current role in February 2020 and oversees the strategic direction and operations for our mortgage insurance and mortgage risk services businesses. Prior to assuming his current role, Mr. Brummer served as Senior Executive Vice President, Mortgage Insurance and Risk Services and previously served as Executive Vice President, Chief Risk Officer of the Company and also held several positions with Radian Asset Assurance, our former financial guaranty business that was sold to Assured Guaranty Corp. in April 2015. Prior to joining Radian in 2002, Mr. Brummer was a corporate associate at Allen & Overy, and Cravath, Swaine & Moore, both in New York. Mr. Brummer currently serves on the board of directors of U.S. Mortgage Insurers, a trade group for the private mortgage insurance industry.
As the President - Mortgage of Radian, the total compensation of Derek Brummer at Radian is $2,801,710. There are 1 executives at Radian getting paid more, with Richard Thornberry having the highest compensation of $8,197,870.
Derek Brummer is 49, he's been the President - Mortgage of Radian since 2020. There are 18 older and 3 younger executives at Radian. The oldest executive at Radian Group, Inc. is Herbert Wender, 82, who is the Independent Non-Executive Chairman of the Board.
Derek's mailing address filed with the SEC is RADIAN GROUP INC., 550 E SWEDESFORD ROAD, #350, WAYNE, PA, 19087.
Over the last 21 years, insiders at Radian have traded over $19,318,069 worth of Radian stock and bought 683,965 units worth $4,358,383 . The most active insiders traders include Sanford A Ibrahim, Richard G Thornberry und Teresa Bryce. On average, Radian executives and independent directors trade stock every 18 days with the average trade being worth of $1,260,431. The most recent stock trade was executed by Derek Brummer on 5 September 2024, trading 35,153 units of RDN stock currently worth $1,243,010.
about radian group inc. radian group inc. (nyse: rdn), headquartered in philadelphia, provides private mortgage insurance (mi) and related risk management products and services to mortgage lenders nationwide through its principal operating subsidiary, radian guaranty inc. these services help promote and preserve homeownership opportunities for homebuyers, while protecting lenders from default related losses on residential first mortgages and facilitating the sale of low-downpayment mortgages in the secondary market. connect with us! watch our videos on youtube at www.youtube.com/user/radiangroupinc. visit our facebook page at www.facebook.com/radianguaranty. follow our job postings and career information at www.radian.biz/page?name=careers. join our linkedin group: radian careers at www.linkedin.com/groups?mostpopular=&gid=2951815.
Radian executives and other stock owners filed with the SEC include: