4Filed Sep 13, 8:00 PM ET
Essent (ESNT) CFO David Weinstock Receives Award of 354 Units
$ESNT · Essent Group Ltd.Research Summary
AI-generated summary of this SEC filing
Essent (ESNT) CFO David Weinstock Receives Award of 354 Units
What Happened
- David B. Weinstock, SVP and Chief Financial Officer of Essent Group Ltd. (ESNT), was granted 354 dividend-equivalent units (an award/derivative acquisition) on 2026-09-10. The filing reports an acquisition price of $0.00 because this is an equity award rather than a cash purchase.
- This award represents dividend equivalent rights tied to unvested restricted stock and/or restricted stock unit awards; the rights vest proportionately with the underlying awards and each dividend equivalent unit is economically equivalent to one common share.
Key Details
- Transaction date: 2026-09-10; filing date: 2026-09-14 (filed four days after the transaction). Form 4s are generally due within two business days, so this filing appears late.
- Transaction type/code: A (Grant/Award — derivative).
- Shares/units granted: 354 units; reported acquisition price: $0.00.
- Shares owned after transaction: not specified in the filing.
- Footnote: Dividend equivalent rights accrued on unvested restricted stock and/or RSU awards and vest proportionately with those awards (each DEU = economic equivalent of one common share).
- No 10b5-1 plan, tax-withholding, or immediate sale noted in the filing.
Context
- This was an equity award (not an open-market purchase or sale). Such awards typically vest over time and are not an immediate cash investment or liquidation by the insider.
- For retail investors, awards can be part of standard executive compensation and do not by themselves indicate insider buying or selling intent.