Essent Group (NYSE: ESNT) CFO sells shares, receives dividend equivalent units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essent Group Ltd.'s SVP and CFO, David B. Weinstock, reported an open-market sale of 5,500 common shares on June 26, 2026 at a weighted average price of $63.51 per share, with individual trades ranging from $63.00 to $63.53. After this sale, he directly holds 35,494 common shares.
Separately, on June 10, 2026 he acquired 409 dividend equivalent units at no cost, bringing his total dividend equivalent units to 2,589. Each dividend equivalent unit is the economic equivalent of one Essent Group common share and vests proportionately with the related restricted stock or restricted stock unit awards.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,500 shares ($349,305)
Net Sell
2 txns
Insider
WEINSTOCK DAVID B
Role
SVP and CFO
Sold
5,500 shs ($349K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common shares, par value $0.015 | 5,500 | $63.51 | $349K |
| Grant/Award | Dividend equivalent units | 409 | $0.00 | -- |
Holdings After Transaction:
Common shares, par value $0.015 — 35,494 shares (Direct, null);
Dividend equivalent units — 2,589 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.00 to $63.53, inclusive. The reporting person undertakes to provide to Essent Group Ltd., any security holder of Essent Group Ltd., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above. 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.
Key Figures
Common shares sold: 5,500 shares
Weighted average sale price: $63.51 per share
Sale price range: $63.00–$63.53 per share
+4 more
7 metrics
Common shares sold
5,500 shares
Open-market sale on June 26, 2026
Weighted average sale price
$63.51 per share
Common share sale on June 26, 2026
Sale price range
$63.00–$63.53 per share
Multiple sale transactions on June 26, 2026
Common shares held after sale
35,494 shares
Direct holdings following June 26, 2026 sale
Dividend equivalent units acquired
409 units
Grant on June 10, 2026
Total dividend equivalent units held
2,589 units
After June 10, 2026 grant
Dividend equivalent unit ratio
1 unit : 1 common share
Economic equivalence disclosed in footnote
Key Terms
dividend equivalent units, weighted average price, restricted stock unit award(s), economic equivalent
4 terms
dividend equivalent units financial
"The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s)"
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock unit award(s) financial
"The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s)"
economic equivalent financial
"Each dividend equivalent unit is the economic equivalent of one common share of Essent Group Ltd."
FAQ
What did Essent Group (ESNT) CFO David Weinstock report in this Form 4?
He reported selling 5,500 Essent Group common shares in an open-market transaction and receiving 409 dividend equivalent units. The sale occurred at a weighted average price of $63.51 per share, and he continues to hold 35,494 common shares directly.
What are the dividend equivalent units reported by Essent Group (ESNT) CFO?
He acquired 409 dividend equivalent units, bringing his total to 2,589 units. These rights accrue on unvested restricted stock or restricted stock unit awards and vest proportionately, with each unit representing the economic equivalent of one Essent Group common share.