Dutt Aditya 4
4 · Essent Group Ltd. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Essent (ESNT) Director Aditya Dutt Exercises and Sells Shares
What Happened
Aditya Dutt, a director of Essent Group Ltd. (ESNT), converted/exercised derivative awards into 2,625 common shares (2,569 + 56) on 2026-05-07 and the same 2,625 shares were disposed (sold) that day. He also received a grant/award of 2,443 restricted share units (RSUs) on 2026-05-06. The Form 4 reports $0.00 for the exercise/conversion price and $0.00 for the disposition in the filing entries (no cash values for sale proceeds are disclosed in the provided data).
Key Details
- Transaction dates: RSU award on 2026-05-06; conversion/exercise and same-day disposition on 2026-05-07. Form 4 filed 2026-05-08.
- Shares converted/exercised and sold: 2,625 shares (2,569 + 56) on 5/7.
- Award received: 2,443 RSUs on 5/6.
- Prices/totals: filing lists $0.00 for exercise/conversion and for the disposals; no sale proceeds or market prices provided in the supplied data.
- Shares owned after the transactions: not specified in the provided summary.
- Filing timeliness: Form 4 was filed on 2026-05-08 for transactions on 5/06–5/07 (file appears to be timely).
Context
- The 2,443 award appears to be RSUs; per filing footnote these convert one-for-one into common shares when vested, and accrued dividend equivalents vest proportionately.
- The conversion/exercise followed by same-day disposition is consistent with a cashless/net settlement or immediate sale of converted shares; the filing shows the conversion and the disposals as separate entries.
- These entries are factual disclosures of insider activity and do not by themselves indicate the insider’s view of the company’s prospects.
Insider Transaction Report
Form 4
Dutt Aditya
Director
Transactions
- Exercise/Conversion
Common shares, par value $0.015
[F1]2026-05-07+2,569→ 31,291 total - Exercise/Conversion
Common shares, par value $0.015
[F2]2026-05-07+56→ 31,347 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