Essent Group (NYSE: ESNT) CLO awarded 420 dividend equivalent units

Rhea-AI Filing Summary

Gibbons Mary Lourdes reported acquisition or exercise transactions in this Form 4 filing.

Essent Group Ltd. SVP and Chief Legal Officer Mary Lourdes Gibbons received 420 dividend equivalent units on derivative securities on common shares. These units were granted at a price of $0.00 as a compensation-related award and are the economic equivalent of common shares.

Following this grant, she holds 1,782 dividend equivalent units directly. According to the footnote, these dividend equivalents accrue on unvested restricted stock or restricted stock unit awards and vest proportionately with those underlying awards, making this a routine, non-market transaction.

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

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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^*

Gibbons Mary Lourdes

(Last) (First) (Middle)

C/O ESSENT GROUP LTD.

CLARENDON HOUSE, 2 CHURCH STREET

(Street)

HAMILTON HM11

(City) (State) (Zip)

BERMUDA

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and Chief Legal Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

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

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

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

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)	03/23/2026		A		420		(1)	(1)	Common shares, par value $0.015	1,782	$0	1,782	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	03/25/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Essent Group Ltd. (ESNT) report for Mary Lourdes Gibbons?

Essent Group Ltd. reported that SVP and Chief Legal Officer Mary Lourdes Gibbons received 420 dividend equivalent units. These units relate to existing unvested restricted stock or restricted stock units and represent routine compensation, not an open-market share purchase or sale.

What are dividend equivalent units in the Essent (ESNT) Form 4 filing?

Dividend equivalent units are rights that accrue on unvested restricted stock or restricted stock unit awards. Each unit is the economic equivalent of one Essent Group Ltd. common share and vests proportionately with the underlying equity awards over time.

How many dividend equivalent units does Mary Lourdes Gibbons hold after this Essent (ESNT) transaction?

After the reported transaction, Mary Lourdes Gibbons holds 1,782 dividend equivalent units. This total reflects the addition of 420 newly granted units, all held directly, and remains tied to her unvested restricted stock and restricted stock unit awards at Essent Group Ltd.

Was cash paid for the Essent (ESNT) dividend equivalent units granted to Mary Lourdes Gibbons?

No cash was paid for these units; the Form 4 shows a price per unit of $0.00. The grant represents a compensation-related award linked to unvested restricted stock or restricted stock units, rather than a cash-funded purchase on the open market.

Do the Essent (ESNT) dividend equivalent units vest immediately for Mary Lourdes Gibbons?

The dividend equivalent units do not vest immediately. The footnote explains that these rights vest proportionately with the unvested restricted stock or restricted stock unit awards to which they relate, aligning their vesting schedule with the underlying equity grants.

Does this Essent (ESNT) Form 4 indicate an open-market trade by Mary Lourdes Gibbons?

This Form 4 does not show an open-market trade. It reports a grant of 420 dividend equivalent units as a compensation-related acquisition, with no purchase price, tied to her unvested restricted stock and restricted stock unit awards at Essent Group Ltd.