Essent (ESNT) Director April Galda Receives 13 Dividend Units

What Happened April Galda (listed on the Form 4 as Galda April Joyce), a director of Essent Group Ltd. (ESNT), received a grant of 13 dividend-equivalent units on 2026-09-10. The units are a derivative award tied to unvested restricted stock/RSU awards and are reported at $0.00 per unit (total reported cash price $0). This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-10 (reported on Form 4 filed 2026-09-14). Filing appears timely (within the two-business-day window for Form 4s).
• Price: $0.00 per unit; reported cash value $0.
• Quantity: 13 dividend-equivalent units (each unit is the economic equivalent of one common share).
• Shares owned after transaction: Not specified in the supplied filing.
• Footnote: Dividend-equivalent rights accrued on unvested restricted stock/RSU awards and vest proportionately with those awards (F1).
• Transaction type: A = Award/Grant (derivative).

Context Dividend-equivalent units give the holder the economic benefit of dividends on underlying unvested awards and typically vest in line with those awards; they are not the same as an immediate share purchase. Because this is a grant of derivative rights rather than a market buy or sale, it should be viewed as a standard compensation/retention action and not direct evidence of buying or selling sentiment.