Galda April Joyce 4

What Happened April Joyce, a director of Essent Group Ltd. (ESNT), was recorded as receiving an award of 15 shares on 2026-06-10. The Form 4 reports these as a derivative award (code A) with a $0.00 per-share acquisition price, i.e., no cash was paid for the award.

Key Details

• Transaction date and type: 2026-06-10 — Award/Grant (derivative) of 15 shares at $0.00 each.
• Report filed: 2026-06-30 (filed 20 days after the transaction). This appears to be a late Form 4 filing.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The 15 units represent dividend equivalent rights accrued on unvested restricted stock and/or restricted stock units and vest proportionately with the underlying awards. Each dividend equivalent unit is the economic equivalent of one common share.

Context This filing documents an award of dividend-equivalent units tied to existing unvested equity (not an open-market buy or sale). Such awards increase the insider’s economic exposure to the company as the underlying awards vest, but they are not immediate cash purchases or sales. The late filing may be a filing-timeliness issue; Form 4s are generally required within two business days of the transaction.