Essent Group (ESNT) CFO exercises RSUs and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essent Group Ltd. senior vice president and CFO David B. Weinstock reported a series of equity transactions dated March 1, 2026. He exercised multiple grants of restricted share units and related dividend equivalent units, which convert into common shares on a one-for-one basis, increasing his directly held common shares to 42,113. A subsequent tax-withholding disposition of 6,214 common shares at $60.84 per share reduced his direct common share holdings to 35,899.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,531 shares exercised/converted
Mixed
13 txns
Insider
WEINSTOCK DAVID B
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted share units | 1,040 | $0.00 | -- |
| Exercise | Restricted share units | 1,632 | $0.00 | -- |
| Exercise | Restricted share units | 9,437 | $0.00 | -- |
| Exercise | Restricted share units | 1,856 | $0.00 | -- |
| Exercise | Restricted share units | 1,751 | $0.00 | -- |
| Exercise | Dividend equivalent units | 815 | $0.00 | -- |
| Exercise | Common shares, par value $0.015 | 1,040 | $0.00 | -- |
| Exercise | Common shares, par value $0.015 | 1,632 | $0.00 | -- |
| Exercise | Common shares, par value $0.015 | 9,437 | $0.00 | -- |
| Exercise | Common shares, par value $0.015 | 1,856 | $0.00 | -- |
| Exercise | Common shares, par value $0.015 | 1,751 | $0.00 | -- |
| Exercise | Common shares, par value $0.015 | 815 | $0.00 | -- |
| Tax Withholding | Common shares, par value $0.015 | 6,214 | $60.84 | $378K |
Holdings After Transaction:
Restricted share units — 90,582 shares (Direct);
Dividend equivalent units — 2,239 shares (Direct);
Common shares, par value $0.015 — 26,622 shares (Direct)
Footnotes (1)
- Restricted share units convert into common shares on a one-for-one basis. 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. On February 7, 2023, the reporting person was granted 3,118 restricted share units, vesting in equal installments on each of March 1, 2024, 2025 and 2026. On March 14, 2023, the reporting person was granted 4,890 restricted share units, vesting in equal installments on each of March 1, 2024, 2025 and 2026. On March 14, 2023, the reporting person was granted restricted share units under the issuer's 2013 Long-Term Incentive Plan, with any shares becoming earned based upon the issuer's compounded annual book value per share growth percentage and relative total shareholder return during a three-year performance period commencing January 1, 2023 and vesting on March 1, 2026. On February 6, 2024, the reporting person was granted 5,569 restricted share units, vesting in equal installments on each of March 1, 2025, 2026 and 2027. On February 12, 2025, the reporting person was granted 5,254 restricted share units, vesting in equal installments on each of March 1, 2026, 2027 and 2028.
FAQ
What insider transactions did Essent Group (ESNT) SVP and CFO David B. Weinstock report?
David B. Weinstock reported exercising several restricted share unit and dividend equivalent unit awards into common shares on March 1, 2026. He then disposed of 6,214 common shares in a tax-withholding transaction, leaving him with 35,899 directly held common shares.