Karna Anu 4

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.