Curran Christopher G 4

What Happened Christopher G. Curran, President of Essent Guaranty, Inc. (operating under Essent Group Ltd., ESNT), had derivative awards convert into 2,406 shares and, to satisfy tax withholding on vesting, delivered/surrendered 19,093 shares valued at $60.84 each for a total of $1,161,618. The filing shows conversion/exercise (transaction code M) and a tax/payment withholding share delivery (transaction code F).

Key Details

• Transaction date: 2026-03-01; Form 4 filed: 2026-03-02 (timely filing).
• Derivative conversion/exercise reported: 2,406 shares (code M).
• Shares surrendered for tax withholding: 19,093 shares at $60.84 each, total value $1,161,618 (code F).
• A second M line shows 2,406 shares listed with $0 proceeds — a technical reporting line related to the derivative conversion/settlement.
• Footnotes: F1 notes dividend equivalent rights on unvested awards vest proportionately; F2 confirms shares were delivered to the issuer to satisfy tax withholding on vesting.
• Shares owned after the transaction are not specified in the provided excerpt.

Context This appears to be a routine vesting/settlement of restricted-equity awards (conversion of derivative units) with a “sell-to-cover” or share-surrender to meet tax obligations — a common administrative transaction that does not necessarily indicate a change in insider conviction. Transaction codes: M = exercise/conversion of derivative, F = payment of exercise price or tax liability (share withholding).