Essent Group Ltd.·4

May 8, 8:48 PM ET

Karna Anu 4

4 · Essent Group Ltd. · Filed May 8, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-05-06
Karna Anu
Director
Transactions
  • Exercise/Conversion

    Common shares, par value $0.015

    [F1]
    2026-05-07+2,56910,740 total
  • Exercise/Conversion

    Common shares, par value $0.015

    [F2]
    2026-05-07+5610,796 total
  • Award

    Restricted share units

    [F1]
    2026-05-06+2,4435,012 total
    Exercise: $0.00Common shares, par value $0.015 (2,443 underlying)
  • Exercise/Conversion

    Restricted share units

    [F1]
    2026-05-072,5692,443 total
    Exercise: $0.00Common shares, par value $0.015 (2,569 underlying)
  • Exercise/Conversion

    Dividend equivalent units

    [F2]
    2026-05-07560 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

Documents

1 file
  • 4
    wk-form4_1778287716.xmlPrimary

    FORM 4