Galda April Joyce 4

What Happened

• April Joyce Galda, a director of Essent Group Ltd. (ESNT), received a grant of 2,443 restricted stock units (RSUs) on 2026-05-06 and on 2026-05-07 had conversions/exercises of derivative awards totaling 5,068 shares (2,569 + 56 + 2,443 reported across entries).
• Of those, 2,625 shares (2,569 + 56) are reported as disposed at $0.00; the net result reported on the Form 4 is a net increase of 2,443 shares (the 2,443 RSUs that remain after the other shares were converted and reported disposed).
• No cash proceeds or dollar values are shown for the acquisitions (N/A) and the reported disposals show $0.00 proceeds.

Key Details

• Transaction dates: Grant/award on 2026-05-06; exercises/conversions and related disposals on 2026-05-07. Form 4 filed 2026-05-08.
• Prices: Acquisitions listed as N/A (derivative conversions); two disposals listed at $0.00 (2,569 and 56 shares).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnotes: F1 — RSUs convert into common shares on a one-for-one basis. F2 — Dividend equivalent rights accrued on unvested awards vest proportionately and represent the economic equivalent of one common share.
• Timeliness: Filing date (May 8) appears to be timely relative to the May 6–7 transactions.

Context

• These were derivative/award transactions (RSU grant and conversions/exercises). Some shares were immediately reported as disposed at $0.00; such zero-dollar dispositions commonly reflect administrative transfers (for example, withholding to cover taxes), though this Form 4 does not specify the reason.
• This activity is an award/conversion event rather than an open-market purchase or sale; it does not, by itself, indicate a buy/sell signal by the director.