WEINSTOCK DAVID B 4
4 · Essent Group Ltd. · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
Essent Group (ESNT) CFO David Weinstock Sells 5,500 Shares
What Happened
David B. Weinstock, Senior Vice President and Chief Financial Officer of Essent Group Ltd., sold 5,500 shares in open-market transactions on June 26, 2026 for a weighted average price of $63.51, generating approximately $349,305. Separately, on June 10, 2026 he was credited with 409 dividend-equivalent units (reported as a derivative award at $0 acquisition cost) tied to unvested restricted stock/unit awards.
Key Details
- Transaction types: Sale (S) of common shares; Award/Acquisition (A) of dividend-equivalent units.
- Sale date and price: Sold on 2026-06-26; weighted average price reported $63.51 (sales occurred at prices ranging $63.00–$63.53 per footnote).
- Award date: 2026-06-10 — 409 dividend-equivalent units reported as acquired at $0 (derivative units).
- Proceeds: Sale proceeds approx. $349,305.
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: F1 explains the weighted-average sale price and that multiple sale prices ranged $63.00–$63.53; F2 explains dividend-equivalent units accrue on unvested awards and vest proportionately and are each economically equivalent to one common share.
- Filing/timeliness: Form 4 filed with accession 0001193202-26-000010 on 2026-06-30; the filing reports the June 10 award and June 26 sale. No late-filing indication is shown in the report.
Context
The sale was an open-market disposition (routine insider sale) and the June 10 entry reflects dividend-equivalent units tied to unvested restricted awards rather than an option exercise or cash purchase. Dividend-equivalent units are a derivative form of compensation that track the economic value of shares and vest according to the underlying awards.
Insider Transaction Report
- Sale
Common shares, par value $0.015
[F1]2026-06-26$63.51/sh−5,500$349,305→ 35,494 total - Award
Dividend equivalent units
[F2]2026-06-10+409→ 2,589 total→ Common shares, par value $0.015 (409 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.00 to $63.53, inclusive. The reporting person undertakes to provide to Essent Group Ltd., any security holder of Essent Group Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
- [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.