[144] Essent Group LTD SEC Filing
Essent Group's Form 144 notifies a proposed sale of 6,451 common shares on the NYSE through UBS Financial Services, with an aggregate market value of $404,598.47. The notice lists the approximate date of sale as 08/13/2025 and reports total shares outstanding of 98,533,757.
The securities to be sold were received as restricted stock units (RSUs) from the issuer on 05/03/2024 (3,053 shares), 05/03/2023 (3,037 shares) and 05/05/2022 (361 shares). The filing indicates there were no sales by the reporting person in the past three months. The notice does not identify the named seller in the filing text.
- None.
- None.
Insights
TL;DR: Small planned RSU sale equal to a negligible fraction of outstanding shares, likely routine liquidity from compensation.
The Form 144 reports a proposed sale of 6,451 shares valued at $404,598.47 through UBS on the NYSE. Relative to the reported 98,533,757 shares outstanding, this represents roughly 0.0065% of the equity, suggesting the transaction is immaterial to the company’s capital structure. The shares were acquired as RSUs across 2022–2024, indicating the sale appears to be monetization of vested compensation rather than a sign of broader insider disposition.
TL;DR: Routine disclosure consistent with Rule 144; limited governance or market impact indicated by the filing.
The notice follows Rule 144 reporting for a proposed broker-assisted sale, naming the broker and providing acquisition dates for the RSUs. The filing states "Nothing to Report" for sales in the prior three months and does not disclose any nonpublic adverse information. From a governance perspective, the document demonstrates compliance with reporting obligations but does not provide additional context about the seller's role or any trading plan.