KASMAR ROY JAMES 4

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.