Gibbons Mary Lourdes 4

What Happened
Mary Gibbons, Senior Vice President and Chief Legal Officer of Essent Group Ltd. (ESNT), was granted 420 dividend-equivalent units as an award on March 23, 2026. The units were recorded at $0.00 per unit (no cash paid); the grant is reported as a derivative award rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-23 (Form 4 filed 2026-03-25).
• Transaction type/code: Award/Grant (A); derivative units (not a cash purchase).
• Shares/units granted: 420 units at $0.00 each (aggregate cost reported $0).
• Shares owned after transaction: Not specified in the filing.
• Footnote: The award consists of dividend equivalent rights that accrue on unvested restricted stock and/or restricted stock unit awards and vest proportionately with those awards; each dividend equivalent unit is economically equivalent to one common share (Footnote F1).
• Timeliness: Filing appears timely (reported two days after the transaction).

Context
This is a compensation-related award (derivative dividend-equivalent units) tied to unvested restricted stock/RSU awards. Such grants generally reflect payroll/retention compensation and vest over time; they are different from open-market purchases or option exercises and do not by themselves indicate a personal cash investment in the company.