Essent Group Ltd.·4

Jun 30, 4:45 PM ET

PAULS DOUGLAS J 4

Research Summary

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Essent (ESNT) Director Douglas J. Pauls Receives 15 Dividend-Equivalent Units

What Happened

  • Douglas J. Pauls, a director of Essent Group Ltd. (ESNT), was granted 15 dividend-equivalent units (reported as a derivative award) on 2026-06-10. The Form 4 lists the acquisition as 15 shares at $0.00 (derivative), so the filing records no cash purchase or sale.

Key Details

  • Transaction date: 2026-06-10. Form filed: 2026-06-30.
  • Transaction type/code: Grant / Award (A); 15 units at $0.00 (derivative).
  • Shares owned after transaction: Not provided in the excerpt of the filing.
  • Footnote (F1): These are dividend equivalent rights accrued on unvested restricted stock award(s) and/or restricted stock unit award(s); they vest proportionately with the underlying award(s). Each dividend-equivalent unit is the economic equivalent of one common share.
  • Filing timing: The Form 4 was filed 20 days after the transaction date; Form 4s are generally due within two business days of the transaction, so this filing occurred after that typical window.

Context

  • These units are a form of compensation tied to existing unvested restricted stock/RSU awards (they track dividends and vest with the underlying award) rather than an open-market purchase or sale. Such awards are routine corporate compensation and do not by themselves indicate insider buying or selling intent.