4Accepted Sep 14, 5:15 PM ET
Essent (ESNT) Director David C. Benson Receives 13-Unit Award
Accepted (ET)
5:15 PM
Sep 14, 2026
Filed
Sep 14, 2026
Documents
1
Size
5.8 KB
Summary
Essent (ESNT) Director David C. Benson Receives 13-Unit Award
What happened
David C. Benson, a director of Essent Group Ltd. (ESNT), received a small equity award on 2026-09-10: 13 derivative units related to restricted stock/RSU awards. The Form 4 reports an acquisition code "A" (award/grant) at $0.00 per unit, so no cash was paid; the reported transaction value is $0.
Key details
- Transaction date: 2026-09-10; Form 4 filed 2026-09-14 (filed within the 2-business-day window).
- Transaction type/code: A = Award/Grant (derivative).
- Shares/units acquired: 13 units at $0.00 each; total reported value $0.
- Shares owned after transaction: Not specified in the filing excerpt.
- Footnote: The award includes dividend equivalent rights that accrue on unvested restricted stock/RSU awards and vest proportionately with those awards; each dividend-equivalent unit equals the economic equivalent of one common share (see F1).
Context
This was a small, no-cost grant of derivative/RSU-linked units to a director—common for compensation and retention. Such awards are not an open-market purchase (not necessarily a bullish signal) but do increase the insider’s future exposure to company stock value as the awards vest.