Essent (ESNT) SVP Vijay Bhasin Receives 323-Unit Award

What Happened
Vijay Bhasin, Senior Vice President and Chief Risk Officer of Essent Group Ltd. (ESNT), was granted 323 derivative units on 2026-09-10. The Form 4 reports these as an award/grant (transaction code A) at a reported price of $0.00 (typical for equity awards); the filing lists the transaction value as $0. These units are dividend-equivalent rights tied to unvested restricted stock/RSU awards and will vest proportionately with those awards.

Key Details

• Transaction date: 2026-09-10; Form 4 filed: 2026-09-14 (timely within SEC two-business-day rule).
• Security: 323 dividend-equivalent units (derivative of restricted stock/RSUs). Price reported: $0.00; total reported value: $0.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnote: The dividend-equivalent rights accrue on unvested restricted stock award(s) and/or unvested RSU award(s) and vest proportionately; each dividend-equivalent unit equals the economic equivalent of one common share.
• No 10b5-1 plan, sale, gift, or tax-withholding noted in the provided details.

Context
This was an award grant, not an open-market purchase or sale. Dividend-equivalent units give economic exposure to dividends on unvested awards but do not represent immediately tradable common shares until they vest (or are converted per plan terms). Such grants are routine components of executive compensation and do not, by themselves, indicate buying or selling sentiment by the insider.