Essent (ESNT) SVP/CLO Mary Gibbons Receives 359 Dividend-Equivalent Units

What Happened

• Mary Lourdes Gibbons, Senior Vice President and Chief Legal Officer of Essent Group Ltd. (ESNT), received an award of 359 derivative units on 2026-09-10. The filing reports these as grant/award (code A) at $0.00 each (total reported value $0).
• These units are dividend equivalent rights tied to unvested restricted stock award(s) and/or restricted stock unit award(s); each dividend equivalent unit is the economic equivalent of one common share and vests proportionately with the underlying award.

Key Details

• Transaction date: 2026-09-10; reported filing date: 2026-09-14 (filed within the SEC two-business-day window).
• Price reported: $0.00 per unit; total reported cost/value: $0.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Dividend equivalent rights accrue on unvested restricted stock/RSU awards and vest in proportion to those awards; each unit equals the economic equivalent of one common share.
• Transaction type: Award of derivative units (code A) — not a purchase or sale.

Context

• This was a compensation-related award, common for executives, rather than an open-market buy or sale. Dividend-equivalent units typically mirror dividend payouts and convert or pay out as the underlying restricted awards vest.
• Such awards represent future economic value tied to company stock but do not indicate an immediate cash outlay or an outright purchase/sale by the insider.