PAULS DOUGLAS J 4
4 · Essent Group Ltd. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Essent (ESNT) Director Douglas J. Pauls Receives Award
What Happened Douglas J. Pauls, a director of Essent Group Ltd. (ESNT), received a grant of 16 dividend-equivalent restricted stock/RSU units on March 23, 2026. The reported acquisition price is $0.00, so no cash changed hands; the filing treats these as derivative awards rather than an open-market purchase or sale.
Key Details
- Transaction type: Award/Grant (code A) of 16 units reported as $0.00 per unit on 2026-03-23.
- Filing date: Form 4 filed March 25, 2026 (appears timely; Form 4s are typically due within two business days).
- Shares owned after transaction: Not specified in the provided filing data.
- Footnote: The units are dividend equivalent rights that accrue on unvested restricted stock and/or RSU awards and vest proportionately with those awards; each unit is the economic equivalent of one common share (see footnote F1).
Context This was an equity award (derivative grant) tied to unvested restricted shares/RSUs, not an open-market purchase or sale. Dividend-equivalent units generally convert into value as the underlying awards vest and thus do not represent immediately tradable shares. Such grants are common for directors as part of compensation and do not by themselves indicate a buy/sell signal.
Insider Transaction Report
- Award
Dividend equivalent units
[F1]2026-03-23+16→ 56 total→ Common shares, par value $0.015 (56 underlying)
Footnotes (1)
- [F1]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.