Curran Christopher G 4

What Happened

• Christopher G. Curran, President of Essent Guaranty, Inc., received equity awards on Feb 11, 2026: 19,845 restricted shares granted at $65.51 each (value $1,300,046) and 9,923 restricted share units (derivative) at $65.51 each (value $650,056). The filing also shows dispositions to the issuer of 1,045 and 60 shares at $0 (no cash proceeds). These were awards/grants (A) rather than open‑market purchases or sales.

Key Details

• Transaction date: Feb 11, 2026; Form 4 filed Feb 13, 2026 (no late‑filing flag indicated).
• Prices and values reported: 19,845 shares @ $65.51 = $1,300,046; 9,923 RSUs @ $65.51 = $650,056. Total reported value ≈ $1,950,102.
• Dispositions: 1,045 shares and 60 shares reported as “Disposition to the issuer” at $0 (filing does not state reason).
• Shares owned after transaction: Not stated in the filing.
• Transaction codes: A = Award/Grant; D = Disposition to issuer.

Context

• Per the filing footnotes: the 19,845 restricted shares are performance‑based awards under the 2013 Long‑Term Incentive Plan tied to multi‑year book‑value growth and relative total shareholder return (three‑year performance period beginning Jan 1, 2026; vesting Mar 1, 2029). The 9,923 awards are restricted share units (RSUs) that convert one‑for‑one into common shares and vest in equal installments on Mar 1 of 2027, 2028 and 2029. Dividend equivalent rights accrue on unvested awards and vest proportionately with the related awards.
• These transactions are compensation awards (not open‑market buys). Such grants compensate executives and are not direct signals of immediate buying or selling intent.