4Filed Sep 13, 8:00 PM ET

Essent Group (ESNT) Director Roy Kasmar Sells Shares

$ESNT · Essent Group Ltd.

Research Summary

AI-generated summary of this SEC filing

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Essent Group (ESNT) Director Roy Kasmar Sells Shares

What Happened

  • Roy Kasmar (Director) sold a total of 4,837 Essent Group (ESNT) shares in open‑market transactions on Sept. 14, 2026 — 2,337 shares at an average price within $68.70–$68.73 (total ~$160,622) and 2,500 shares at $68.70 (total $171,750), for combined proceeds of approximately $332,372. The filing also shows gift transfers of 2,625 shares (disposed) and 2,625 shares (acquired) on Sept. 14, 2026 (no cash exchanged) and a small derivative award/acquisition of 13 shares on Sept. 10, 2026.

Key Details

  • Transaction dates: primary sales 2026-09-14; derivative grant dated 2026-09-10; Form filed 2026-09-14 (period of report 2026-09-10).
  • Sale prices: weighted average in range $68.70–$68.73; separate lots reported at $68.70 and $68.73. Total sale proceeds ≈ $332,372. (F2: weighted avg; reporting person can provide per‑price breakdown on request.)
  • Gifts: two gift entries of 2,625 shares each at $0 — gift transactions are non‑cash transfers and generally do not signal buying/selling intent.
  • Derivative/award: 13 shares acquired (reported as derivative/award) at $0; F3 notes these may reflect dividend equivalent rights that vest with underlying awards.
  • 10b5‑1: Filing notes trades were effected under a Rule 10b5‑1 trading plan adopted June 15, 2026 (F1).
  • Shares owned after transaction: not specified in the Form 4.
  • Timeliness: filing date matches Sept. 14, 2026; no late‑filing flag indicated.

Context

  • Sales under a pre‑arranged 10b5‑1 plan are routine and may be scheduled in advance; gifts do not necessarily reflect the insider’s view of the company. The small derivative award appears to be related to vesting/dividend equivalents rather than a market purchase.