Essent CFO awarded 354 dividend-equivalent units
Essent Group’s CFO received additional dividend equivalent units tied to unvested equity awards, modestly increasing his derivative-based exposure to ESNT common shares.
Rhea-AI Filing Summary
Essent Group Ltd. (ESNT) reported that its SVP and CFO David B. Weinstock received an award of 354 dividend equivalent units on September 10, 2026. These units accrued on unvested restricted stock or restricted stock unit awards, have no acquisition price, and bring his directly held dividend equivalent units to 2,943, each economically equivalent to one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 354 shares
Grant/Award
1 txn
Insider
WEINSTOCK DAVID B
Role
SVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend equivalent units F1 | 354 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend equivalent units — 2,943 contracts (Direct)
Footnotes (1)
- F1. 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
Dividend equivalent units granted: 354 units
Dividend equivalent units held after transaction: 2,943 units
Reported transaction price per unit: $0.00 per unit
+2 more
5 metrics
Dividend equivalent units granted
354 units
Grant or award to Essent Group Ltd. SVP and CFO on September 10, 2026
Dividend equivalent units held after transaction
2,943 units
Direct holdings of CFO David B. Weinstock following the reported award
Reported transaction price per unit
$0.00 per unit
Acquisition price for the 354 dividend equivalent units granted on September 10, 2026
Underlying common shares equivalent
2,943 shares
Each dividend equivalent unit is the economic equivalent of one Essent Group Ltd. common share
Number of derivative transactions reported
1 transaction
Single derivative-type award transaction disclosed in this Form 4
Key Terms
Dividend equivalent units, restricted stock unit award(s), economic equivalent
3 terms
Dividend equivalent units financial
"The dividend equivalent rights accrued on unvested restricted stock 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 unit award(s) financial
"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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Essent Group Ltd. (ESNT) disclose for its CFO?
Essent Group disclosed that SVP and CFO David B. Weinstock acquired 354 dividend equivalent units on September 10, 2026, as a grant or award related to his unvested restricted stock and/or restricted stock unit awards.
How many Essent Group (ESNT) dividend equivalent units does the CFO hold after this Form 4?
After the September 10, 2026 award, CFO David B. Weinstock directly holds 2,943 dividend equivalent units, each described as the economic equivalent of one common share of Essent Group Ltd.
What are “dividend equivalent units” in the Essent Group (ESNT) Form 4 filing?
The filing states that dividend equivalent rights accrue on unvested restricted stock and/or unvested restricted stock unit awards and vest proportionately with those awards. Each dividend equivalent unit is the economic equivalent of one ESNT common share.
Were the Essent Group (ESNT) insider transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming such a plan, and the related footnote does not mention one. The reported award of dividend equivalent units is therefore not identified as made under a Rule 10b5-1 plan.
How do the dividend equivalent units for ESNT’s CFO vest?
According to the footnote, the dividend equivalent rights accrue on unvested restricted stock and/or RSU awards and become vested proportionately with the underlying awards to which they relate, mirroring the vesting of those equity awards.
AI-generated analysis. How Rhea-AI works. Not financial advice.