Last updated: 6 September 2024 at 4:54pm EST

Derek Brummer Net Worth




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.

Mr. Brummer RDN stock SEC Form 4 insiders trading

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 Brummer biography

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.

What is the salary of Derek Brummer?

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.



How old is Derek Brummer?

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.

What's Derek Brummer's mailing address?

Derek's mailing address filed with the SEC is RADIAN GROUP INC., 550 E SWEDESFORD ROAD, #350, WAYNE, PA, 19087.

Insiders trading at Radian

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, and 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.



What does Radian do?

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.



What does Radian's logo look like?

Radian Group, Inc. logo

Complete history of Mr. Brummer stock trades at Radian

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
5 Sep 2024 Derek Brummer
President and Mortgage Insurance
Sale 35,153 $35.36 $1,243,010
5 Sep 2024
186,535
14 Jun 2024 Derek Brummer
President and Mortgage Insurance
Option 11,790 $15.44 $182,038
14 Jun 2024
229,813
22 May 2024 Derek Brummer
President and Mortgage Insurance
Sale 55,000 $31.33 $1,723,150
22 May 2024
218,023
15 May 2024 Derek Brummer
President and Mortgage Insurance
Option 35,914 $31.34 $1,125,545
15 May 2024
290,994
13 May 2024 Derek Brummer
President and Mortgage Insurance
Option 115,108 $31.43 $3,617,844
13 May 2024
302,505
13 May 2023 Derek Brummer
President and Mortgage Insurance
Option 82,181 $24.89 $2,045,485
13 May 2023
213,910
10 May 2023 Derek Brummer
President and Mortgage Insurance
Sale 30,475 $24.84 $756,999
10 May 2023
141,515
3 Mar 2023 Derek Brummer
President and Mortgage Insurance
Sale 37,000 $22.21 $821,770
3 Mar 2023
171,990
28 Feb 2023 Derek Brummer
President and Mortgage Insurance
Option 13,130 $13.99 $183,689
28 Feb 2023
222,120
13 May 2022 Derek Brummer
President and Mortgage Insurance
Option 28,321 $21.19 $600,122
13 May 2022
221,189
9 May 2022 Derek Brummer
President and Mortgage Insurance
Option 53,199 $21.22 $1,128,883
9 May 2022
215,554
17 May 2021 Derek Brummer
President and Mortgage Insurance
Option 4,884 $22.99 $112,283
17 May 2021
184,876
12 May 2021 Derek Brummer
President and Mortgage Insurance
Option 11,127 $21.72 $241,678
12 May 2021
179,992
10 May 2021 Derek Brummer
President and Mortgage Insurance
Option 40,403 $22.99 $928,865
10 May 2021
171,123
12 May 2020 Derek Brummer
President and Mortgage Insurance
Option 1,450 $13.78 $19,981
12 May 2020
128,409
11 May 2020 Derek Brummer
President and Mortgage Insurance
Option 77,349 $14.86 $1,149,406
11 May 2020
156,926
14 May 2019 Derek Brummer
President and Mortgage Insurance
Option 2,990 $22.36 $66,856
14 May 2019
85,217
9 May 2019 Derek Brummer
President and Mortgage Insurance
Option 8,468 $22.68 $192,054
9 May 2019
83,977
9 May 2018 Derek Brummer
President and Mortgage Insurance
Option 3,808 $15.96 $60,776
9 May 2018
78,068
30 Apr 2018 Derek Brummer
President and Mortgage Insurance
Buy 19,200 $14.91 $286,272
30 Apr 2018
74,260
9 Feb 2018 Derek Brummer
President and Mortgage Insurance
Option 15,000 $20.71 $310,650
9 Feb 2018
59,702
19 Jun 2017 Derek Brummer
President and Mortgage Insurance
Option 1,162 $17.10 $19,870
19 Jun 2017
43,951
10 Aug 2016 Derek Brummer
President and Mortgage Insurance
Buy 16,000 $12.87 $205,920
10 Aug 2016
41,853
3 Feb 2016 Derek Brummer
President and Mortgage Insurance
Buy 14,000 $10.25 $143,500
3 Feb 2016
24,913


Radian executives and stock owners

Radian executives and other stock owners filed with the SEC include: