Gibbons Mary Lourdes 4
Research Summary
AI-generated summary
Essent (ESNT) SVP & CLO Mary Gibbons Sells 4,250 Shares
What Happened
Mary Lourdes Gibbons, SVP and Chief Legal Officer of Essent Group Ltd. (ESNT), sold 4,250 shares in open-market transactions on April 28, 2026. The reported weighted-average price was $65.01 per share, for total proceeds of approximately $276,293. This was a sale (not a purchase or award) and sales by executives are often routine portfolio activity rather than a direct signal about company fundamentals.
Key Details
- Transaction date: 2026-04-28 (reported on Form 4 filed 2026-04-30).
- Transaction type/code: Open-market sale (S).
- Shares sold: 4,250; weighted-average price: $65.01; total proceeds ≈ $276,293.
- Price range (footnote): Shares sold in multiple trades at prices between $65.00 and $65.04; the reporting person can provide a per-trade breakdown on request.
- Shares owned after transaction: Not disclosed in this filing.
- Timeliness: Filing appears timely (Form 4 filed two days after the reported transaction date).
Context
No 10b5-1 plan, tax-withholding, option exercise, or gift was reported in this filing — it is a straightforward open-market sale. For retail investors, purchases generally carry more informational weight than routine sales; this report simply documents an executive sale.