Essent (ESNT) Insider Filing: 27 Dividend Equivalent Units Reported

Rhea-AI Filing Summary

Essent Group Ltd. (ESNT) Form 4 filing reports a small grant of dividend equivalent units to a director. The filing shows Aditya Dutt, listed as a director, was allocated 27 dividend equivalent units that accrued on unvested restricted stock awards and vested proportionately with those awards. The transaction date is 09/10/2025 and the form was signed by an attorney-in-fact on 09/12/2025. Each dividend equivalent unit is described as the economic equivalent of one common share of Essent Group Ltd., and the filing reports 27 common shares beneficially owned following the transaction.

Positive

• Reporting person acquired 27 dividend equivalent units that are the economic equivalent of 27 common shares
• Transaction reported promptly with transaction date 09/10/2025 and signature dated 09/12/2025

Negative

• None.

Insights

Financial Analyst

TL;DR: Director Aditya Dutt received 27 dividend equivalent units tied to unvested awards; transaction appears routine and immaterial.

The Form 4 documents a nondiscretionary equity-related accrual converting to dividend equivalent units that vest with underlying restricted stock/RSU awards. The reported amount is 27 units, equivalent to 27 common shares, with a transaction date of 09/10/2025. There are no cash purchases, sales, or option exercises reported, and no pricing or large share movements disclosed. From a financial-materiality perspective, the size reported is small relative to typical market-capitalization scales and contains no other compensatory detail.

Corporate Governance Expert

TL;DR: Disclosure reflects routine insider reporting of award-related dividend equivalents; governance implications are minimal.

The filing identifies the reporting person as a director and indicates the dividend equivalent rights "become vested proportionately" with the related restricted awards. The form was filed individually and signed by an attorney-in-fact. There are no indications of related-party transactions, departures, or amendments that would raise governance concerns. The disclosure meets Section 16 reporting requirements for changes in beneficial ownership tied to compensation awards.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Dutt Aditya

(Last) (First) (Middle)

C/O ESSENT GROUP LTD.

CLARENDON HOUSE, 2 CHURCH STREET

(Street)

HAMILTON D0 HM11

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Essent Group Ltd. [ ESNT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend equivalent units	(1)	09/10/2025		A		13		(1)	(1)	Common shares, par value $0.015	27	$0	27	D

Explanation of Responses:

1. The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s) and become vested proportionately with the award(s) to which they relate. Each dividend equivalent unit is the economic equivalent of one common share of Essent Group Ltd.

Remarks:

	/s/ David B. Weinstock, as attorney-in-fact	09/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Aditya Dutt report on the Form 4 for ESNT?

The Form 4 reports that Aditya Dutt acquired 27 dividend equivalent units tied to unvested restricted stock awards, with a transaction date of 09/10/2025.

How many shares does the Form 4 show beneficially owned after the transaction for ESNT?

The filing shows 27 common shares (via dividend equivalent units) beneficially owned following the reported transaction.

What is the nature of the securities reported on the ESNT Form 4?

The securities are dividend equivalent units that accrue on unvested restricted stock/RSU awards and vest proportionately with those awards; each unit equals one common share economically.

When was the Form 4 for ESNT signed and by whom?

The signature block shows the form was signed by David B. Weinstock, as attorney-in-fact on 09/12/2025.

Does the Form 4 disclose any sales or purchases of ESNT common stock?

No. The Form 4 reports an accrual of dividend equivalent units (an acquisition) and does not disclose any cash purchases or sales.