KASMAR ROY JAMES 4
4 · Essent Group Ltd. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
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
KASMAR ROY JAMES
Director
Transactions
- Exercise/Conversion
Common shares, par value $0.015
[F1]2026-05-07+2,569→ 2,569 total - Exercise/Conversion
Common shares, par value $0.015
[F2]2026-05-07+56→ 2,625 total - Award
Restricted share units
[F1]2026-05-06+2,443→ 5,012 totalExercise: $0.00→ Common shares, par value $0.015 (2,443 underlying) - Exercise/Conversion
Restricted share units
[F1]2026-05-07−2,569→ 2,443 totalExercise: $0.00→ Common shares, par value $0.015 (2,569 underlying) - Exercise/Conversion
Dividend equivalent units
[F2]2026-05-07−56→ 0 total→ Common shares, par value $0.015 (56 underlying)
Holdings
- 23,573(indirect: By Trust)
Common shares, par value $0.015
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