Karna Anu 4
4 · Essent Group Ltd. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Essent (ESNT) Director Karna Anu Receives RSUs, Converts 2,625 Units
What Happened
- Karna Anu, a director of Essent Group Ltd. (ESNT), received a grant of 2,443 restricted share units (RSUs) on 2026-05-06 (reported as an award, code A). On 2026-05-07 the filing shows conversion/exercise transactions (code M) for 2,569 and 56 derivative units (total 2,625). Reported prices for these transactions are $0.00; some exercised/conversion shares are also reported as disposed at $0.00 in the filing.
- These entries reflect awards and the conversion/exercise of derivative units rather than cash purchases or open-market sales. No cash value is reported for the transactions in the filing.
Key Details
- Transaction dates: Award 2026-05-06; conversions/exercises 2026-05-07. Filing date (Form 4): 2026-05-08 (appears timely).
- Reported amounts: 2,443 RSU award; 2,569 and 56 units converted/exercised (2,625 total). Reported price per share: $0.00.
- Shares owned after transaction: Not specified in the provided filing data.
- Footnotes: F1 — RSUs convert into common shares on a one-for-one basis. F2 — Dividend equivalent rights on unvested awards accrue and vest proportionately; each dividend equivalent unit equals one common share.
- Filing timeliness: Transactions dated May 6–7 were reported on May 8, which appears to meet the SEC two-business-day reporting requirement.
Context
- For retail investors: these are equity award and derivative-conversion events, not open-market purchases or sales. Conversion/exercise entries reported at $0.00 commonly reflect issuance on vesting or net share settlement/tax withholding mechanics rather than a market sale; the filing’s footnotes confirm dividend-equivalent and RSU vesting mechanics.
- No dollar value or open-market cash proceeds are reported, so these transactions do not directly signal a buy or sell for cash.
Insider Transaction Report
Form 4
Karna Anu
Director
Transactions
- Exercise/Conversion
Common shares, par value $0.015
[F1]2026-05-07+2,569→ 10,740 total - Exercise/Conversion
Common shares, par value $0.015
[F2]2026-05-07+56→ 10,796 total - Award
Restricted share units
[F1]2026-05-06+2,443→ 5,012 totalExercise: $0.00→ Common shares, par value $0.015 (2,443 underlying) - Exercise/Conversion
Restricted share units
[F1]2026-05-07−2,569→ 2,443 totalExercise: $0.00→ Common shares, par value $0.015 (2,569 underlying) - Exercise/Conversion
Dividend equivalent units
[F2]2026-05-07−56→ 0 total→ Common shares, par value $0.015 (56 underlying)
Footnotes (2)
- [F1]Restricted share units convert into common shares on a one-for-one basis.
- [F2]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.
Signature
/s/ David B. Weinstock, as attorney-in-fact|2026-05-08