Essent Group Ltd.·4

May 8, 8:47 PM ET

KASMAR ROY JAMES 4

4 · Essent Group Ltd. · Filed May 8, 2026

Research Summary

AI-generated summary of this filing

Updated

Essent (ESNT) Director Roy Kasmar Exercises RSUs; Shares Withheld

What Happened

  • Roy Kasmar, a director of Essent Group Ltd. (ESNT), had restricted‑share units (RSUs) and dividend‑equivalent units reported and converted into common shares. The filing shows a grant of 2,443 RSUs on 2026-05-06 and conversions/exercises on 2026-05-07 for 2,569 and 56 derivative units (total 2,625 shares acquired). The filing also shows dispositions of 2,569 and 56 shares on 2026-05-07 reported at $0.00 proceeds.

Key Details

  • Transaction types/dates:
    • 2026-05-06: Grant/award (A) — 2,443 RSUs @ N/A (derivative)
    • 2026-05-07: Exercise/conversion (M) — 2,569 shares acquired @ N/A (derivative)
    • 2026-05-07: Exercise/conversion (M) — 56 shares acquired @ N/A (derivative)
    • 2026-05-07: Exercise/conversion (M) — 2,569 shares disposed @ $0.00 (derivative)
    • 2026-05-07: Exercise/conversion (M) — 56 shares disposed @ $0.00 (derivative)
  • Shares owned after transaction: Not disclosed in the filing.
  • Footnotes:
    • F1: RSUs convert into common shares on a one‑for‑one basis.
    • F2: Dividend equivalent rights on unvested restricted awards become vested proportionately; each dividend equivalent equals one common share.
  • Filing timeliness: Report filed 2026-05-08 for transactions on 2026-05-06 and 05-07; appears to be filed within the usual 2‑business‑day insider reporting window.

Context

  • These entries reflect derivative awards (RSUs/dividend equivalents) converting into common shares, not an open‑market purchase or sale for cash. The dispositions reported at $0.00 are commonly used to reflect shares surrendered or withheld (often to satisfy tax withholding) rather than market sales. As such, this filing documents award conversion and withholding activity rather than a typical buy/sell trade.

Insider Transaction Report

Form 4
Period: 2026-05-06
Transactions
  • Exercise/Conversion

    Common shares, par value $0.015

    [F1]
    2026-05-07+2,5692,569 total
  • Exercise/Conversion

    Common shares, par value $0.015

    [F2]
    2026-05-07+562,625 total
  • Award

    Restricted share units

    [F1]
    2026-05-06+2,4435,012 total
    Exercise: $0.00Common shares, par value $0.015 (2,443 underlying)
  • Exercise/Conversion

    Restricted share units

    [F1]
    2026-05-072,5692,443 total
    Exercise: $0.00Common shares, par value $0.015 (2,569 underlying)
  • Exercise/Conversion

    Dividend equivalent units

    [F2]
    2026-05-07560 total
    Common shares, par value $0.015 (56 underlying)
Holdings
  • Common shares, par value $0.015

    (indirect: By Trust)
    23,573
Footnotes (2)
  • [F1]Restricted share units convert into common shares on a one-for-one basis.
  • [F2]The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s) and become vested proportionately with the award(s) to which they relate. Each dividend equivalent unit is the economic equivalent of one common share of Essent Group Ltd.
Signature
/s/ David B. Weinstock, as attorney-in-fact|2026-05-08

Documents

1 file
  • 4
    wk-form4_1778287658.xmlPrimary

    FORM 4