Connor Martin P. 4
Research Summary
AI-generated summary
Essent (ESNT) Director Connor Martin Receives RSU Award
What Happened
Connor Martin, a director of Essent Group Ltd. (ESNT), was granted 2,443 restricted share units (RSUs) on 2026-05-07. The filing reports this as an award/derivative acquisition (transaction code A). No per-share price or total dollar value was disclosed in the Form 4.
Key Details
- Transaction date: 2026-05-07 (reported on Form 4 filed 2026-05-08). Filing appears timely.
- Transaction type/code: Award of restricted share units (A); recorded as a derivative acquisition.
- Amount: 2,443 RSUs. Price/value: N/A (not reported).
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: RSUs convert into common shares on a one-for-one basis (F1).
- No indication of a 10% owner status, 10b5-1 plan, tax-withholding sale, or late filing in this report.
Context
RSU awards are typically part of compensation or retention programs and are not the same as open-market purchases or sales; they generally vest over time and convert into actual shares per the footnote (1 RSU = 1 common share). Because no cash purchase or sale occurred, this transaction by itself does not signal a buy/sell intent by the director.