Essent (ESNT) Director Douglas J. Pauls Receives Award

What Happened

• Douglas J. Pauls, a director of Essent Group Ltd. (ESNT), was granted 13 derivative units on 2026-09-10. The reported transaction is an award/grant (code A) at $0.00 per unit, indicating no cash purchase. These units are dividend-equivalent rights tied to unvested restricted stock/RSU awards rather than newly purchased common shares.

Key Details

• Transaction date: 2026-09-10; Filing date: 2026-09-14 (check the filing for any late-filing notation).
• Security: 13 derivative units reported as "shares" on the Form 4 at $0.00.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: The units are dividend equivalent rights that accrue on unvested restricted stock award(s) and/or unvested restricted stock unit award(s) and vest proportionately with those awards. Each dividend equivalent unit is the economic equivalent of one common share.
• Transaction type: Award/compensation (not an open-market purchase or sale).

Context

• These dividend-equivalent units are a form of compensation tied to existing unvested awards and do not represent an immediate cash investment or sale by the insider. Such awards are typically routine compensation for directors and vest according to the underlying award schedule.