Essent Group (NYSE: ESNT) director Angela Heise granted 15 dividend units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Heise Angela L reported acquisition or exercise transactions in this Form 4 filing.
Essent Group Ltd. director Angela L. Heise received a grant of 15 dividend equivalent units on June 10, 2026. These units accrued on her unvested restricted stock or restricted stock unit awards and are the economic equivalent of 15 common shares of Essent Group Ltd. following the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Heise Angela L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend equivalent units | 15 | $0.00 | -- |
Holdings After Transaction:
Dividend equivalent units — 15 shares (Direct, null)
Footnotes (1)
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Key Figures
Dividend equivalent units granted: 15 units
Transaction price per unit: $0.0000
Units held after transaction: 15 units
+1 more
4 metrics
Dividend equivalent units granted
15 units
Grant to director Angela L. Heise on June 10, 2026
Transaction price per unit
$0.0000
Grant of dividend equivalent units
Units held after transaction
15 units
Total dividend equivalent units following the grant
Underlying common shares
15 shares
Each unit equals one Essent Group common share
Key Terms
Dividend equivalent units, restricted stock award, restricted stock unit award, 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.
restricted stock award financial
"The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s)"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
restricted stock unit award financial
"The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s)"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
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) director Angela Heise report in this Form 4?
Angela Heise reported receiving 15 dividend equivalent units on June 10, 2026. These units are tied to her unvested restricted stock or restricted stock unit awards and are economically equivalent to 15 common shares of Essent Group Ltd.
Is Angela Heise buying or selling Essent Group (ESNT) stock in this filing?
Angela Heise is not buying or selling stock on the open market in this filing. She received 15 dividend equivalent units as a grant related to her existing unvested restricted stock or restricted stock unit awards with Essent Group Ltd.
How many Essent Group (ESNT) dividend equivalent units did Angela Heise receive?
Angela Heise received 15 dividend equivalent units in this transaction. Each unit is the economic equivalent of one Essent Group Ltd. common share, giving her a total of 15 equivalent common shares from this grant after the transaction.
What are dividend equivalent units in the Essent Group (ESNT) Form 4 for Angela Heise?
Dividend equivalent units are rights that accrue on unvested restricted stock or restricted stock unit awards. For Angela Heise, each dividend equivalent unit is the economic equivalent of one Essent Group Ltd. common share, linked to her existing equity awards.
Did Angela Heise pay anything for the Essent Group (ESNT) dividend equivalent units?
Angela Heise did not pay cash for the dividend equivalent units; the reported price is zero. The 15 units were granted as part of her compensation, accruing on unvested restricted stock or restricted stock unit awards from Essent Group Ltd.
How many Essent Group (ESNT) dividend equivalent units does Angela Heise hold after this transaction?
After this transaction, Angela Heise holds 15 dividend equivalent units. These units are economically equivalent to 15 Essent Group Ltd. common shares and are associated with her unvested restricted stock or restricted stock unit awards as disclosed in the filing.