WEINSTOCK DAVID B 4

What Happened David B. Weinstock, SVP and Chief Financial Officer of Essent Group Ltd. (ESNT), had restricted share units (RSUs) vest on April 1, 2026. The filing shows 8,333 RSUs and 527 dividend-equivalent units converted into common shares (total 8,860 shares). To satisfy tax withholding, 3,765 shares were surrendered/withheld at $58.25 per share for proceeds of $219,311. The net increase in his holdings from this vesting would be 5,095 shares (8,860 vested − 3,765 withheld). This was a vesting/tax-withholding event, not an open-market purchase or discretionary sale.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (timely).
• Vesting/conversion: 8,333 RSUs + 527 dividend-equivalent units = 8,860 shares converted (derivative exercise/conversion M).
• Tax withholding: 3,765 shares withheld (code F) at $58.25 per share, proceeds $219,311.
• Net shares retained from the vesting: 5,095 shares.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Relevant footnotes: F1—RSUs convert one-for-one to common shares; F2—dividend equivalents vest proportionately and equal one common share each; F3—the RSU grant was made March 14, 2023 and vests in equal installments on April 1 of 2026, 2027, 2028.
• This was a routine vesting and tax-withholding transaction, not an open-market sale; the $0.00 lines reflect conversion of RSUs (no cash exercise price).

Context RSU vesting and share-withholding to cover taxes are common for executive compensation and generally reflect scheduled vesting rather than an expressed bullish or bearish trade decision. There was no reported open-market sale by the insider beyond the shares surrendered for tax withholding.