KASMAR ROY JAMES 4
Research Summary
AI-generated summary
Essent (ESNT) Director Roy Kasmar Receives 16-Share Award
What Happened
Roy Kasmar, a director of Essent Group Ltd. (ESNT), was granted 16 derivative units tied to restricted stock on March 23, 2026. The Form 4 reports the acquisition as 16 shares at $0.00 (award/derivative), with a reported acquisition value of $0. This was an award/compensation transaction rather than an open-market purchase or sale.
Key Details
- Transaction type/date: Award/other acquisition (Code A) on 2026-03-23.
- Quantity and price: 16 shares recorded at $0.00 per share (derivative award).
- Reported filing: Form 4 filed 2026-03-25 (two days after the transaction).
- Shares owned after transaction: Not specified in the provided data.
- Footnote: Dividend-equivalent rights accrued on unvested restricted stock award(s) and/or restricted stock unit award(s) and vest proportionately; each dividend-equivalent unit equals the economic equivalent of one common share.
Context
This was a compensation-related award (dividend-equivalent units tied to unvested RSAs/RSUs), which is routine for executive/director pay and does not by itself indicate a buy or sell sentiment. For derivative awards like this, the $0 exercise/acquisition price is common; potential future value depends on vesting and Essent’s stock price at vesting.