Essent (ESNT) CEO Mark Casale Receives Award of 2,708 DEUs

What Happened

Mark Casale — Chairman, CEO & President and a director of Essent Group Ltd. — received an award of 2,708 derivative shares (recorded as dividend-equivalent units) on 2026-09-10. The Form 4 reports these as an "A" (award/acquisition) transaction at $0.00 per unit (reported value $0). The filing was submitted on 2026-09-14.

Key Details

• Transaction date: 2026-09-10; Form 4 filed: 2026-09-14 (filing appears timely within the two business-day window).
• Type/code: Award (A), derivative instrument (dividend-equivalent units).
• Amount: 2,708 units; price reported $0.00; reported dollar value $0.
• Shares owned after transaction: not specified in the provided filing.
• Footnote (F1): These dividend-equivalent rights accrue on unvested restricted stock and/or RSU awards and vest proportionately with those awards; each dividend-equivalent unit is the economic equivalent of one Essent common share.
• No purchase, sale, 10b5-1 plan, or tax-withholding detail was disclosed in this filing.

Context

This was a non-cash compensation award tied to existing unvested restricted stock/RSU awards (dividend-equivalent units), not an open-market buy or sale. Such awards are common for executive compensation and do not by themselves indicate immediate buying or selling intent; their economic value depends on future vesting and any subsequent conversion or payment.