Essent CEO sells 798 shares at about $70
Essent Group’s Chairman and CEO sold a small block of shares under a Rule 10b5-1 plan and continues to hold over two million shares directly, plus additional shares via a trust.
Rhea-AI Filing Summary
Essent Group Ltd. (ESNT) reports that Chairman, CEO and President Mark Casale sold 798 common shares on September 3, 2026 in an open-market transaction under a Rule 10b5-1 trading plan, at a weighted average price of $70.01 per share. Following this sale, he holds 2,038,893 common shares directly and 250,000 common shares indirectly through the Mark A Casale Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 798 shares
Net Sell
2 txns
Insider
CASALE MARK
Role
Chairman, CEO and President
Sold
798 shs ($56K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common shares, par value $0.015 F1 | 798 | $70.01 | $56K |
| holding | Common shares, par value $0.015 | -- | -- | -- |
Holdings After Transaction:
Common shares, par value $0.015 — 2,038,893 shares (Direct);
Common shares, par value $0.015 — 250,000 shares (Indirect, By Mark A Casale Trust)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.00 to $70.04, 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.
Key Figures
Shares sold: 798 shares
Weighted average sale price: $70.01 per share
Sale price range: $70.00–$70.04 per share
+3 more
6 metrics
Shares sold
798 shares
Common shares sold by Mark Casale on September 3, 2026
Weighted average sale price
$70.01 per share
Open-market sale of 798 common shares on September 3, 2026
Sale price range
$70.00–$70.04 per share
Range of prices for multiple sale transactions included in the 798 shares
Direct holdings after transaction
2,038,893 shares
Common shares directly owned by Mark Casale following the sale
Indirect holdings after transaction
250,000 shares
Common shares held indirectly through the Mark A Casale Trust
Net buy/sell shares
798 shares net sold
Net effect of reported non-derivative transactions in this Form 4
Key Terms
Rule 10b5-1 trading plan, weighted average price, indirect ownership, open-market transaction
4 terms
Rule 10b5-1 trading plan regulatory
"transactions were made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
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.
indirect ownership financial
"250,000 common shares indirectly through the Mark A Casale Trust"
open-market transaction market
"Sale in open market or private transaction"
An open-market transaction is a buy or sell of a company's shares or other securities conducted on a public exchange at the current market price, rather than through a private agreement. Investors watch these trades because they change the number of shares available and can move the price immediately—similar to how a large purchase at a busy store can raise demand and affect the checkout price—so such activity can signal market sentiment and alter ownership stakes.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Essent Group (ESNT) disclose for Mark Casale?
Essent Group disclosed that Chairman, CEO and President Mark Casale sold 798 common shares on September 3, 2026 in an open-market transaction, at a weighted average price of $70.01 per share, under a Rule 10b5-1 trading plan.
What does the weighted average price disclosure mean in the ESNT Form 4?
The Form 4 explains that the reported price of $70.01 per share is a weighted average price. The 798 shares were sold in multiple trades at prices between $70.00 and $70.04, and the insider offers to provide the exact breakdown upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.