Essent (ESNT) Director Aditya Dutt Receives 13-Unit Award

What Happened
Aditya Dutt, a director of Essent Group Ltd. (ESNT), received an award of 13 derivative units on September 10, 2026. The reported transaction is an award/grant (code A) of 13 units at $0.00 — the filing lists no cash purchase price or immediate value. These units are dividend-equivalent rights that accrue on unvested restricted stock awards/units and vest proportionately with those awards.

Key Details

• Transaction date: 2026-09-10; Form 4 filed 2026-09-14 reporting the transaction.
• Type: Award/Grant of derivative units (transaction code A).
• Quantity: 13 units; reported price per unit: $0.00 (no cash paid).
• Shares owned after transaction: Not specified in the provided data.
• Footnote: Dividend equivalent rights accrue on unvested restricted stock awards/units and vest proportionately; each dividend equivalent unit is the economic equivalent of one common share.
• No indication this was a sale or purchase of common shares — it’s an equity compensation award, not a market transaction.

Context: Dividend-equivalent units are compensation tied to unvested restricted stock awards/units and typically convert to or mirror the economics of common shares as the underlying awards vest. Such awards are routine executive/director compensation and do not by themselves signal a buy or sell decision in the open market.