Essent Group (NYSE: ESNT) director boosts stake via award exercises and new RSUs

Rhea-AI Filing Summary

Essent Group Ltd. director Karna Anu reported compensation-related equity activity rather than open-market trading. On May 7, Anu exercised derivative awards covering 2,625 common-share equivalents, including dividend equivalent units and restricted share units that convert one-for-one into common shares.

Anu also received a new grant of 2,443 restricted share units on May 6. Following these transactions, the filing shows direct ownership of 10,796 common shares and 5,012 restricted share units, indicating routine equity compensation and vesting rather than discretionary buying or selling in the market.

Insights

Equity compensation and governance analyst

Director activity reflects routine equity compensation, not open-market trading.

The filing shows Karna Anu, a director of Essent Group Ltd., exercising derivative awards into 2,625 shares of common stock and receiving 2,443 new restricted share units. Code M and A transactions like these are standard elements of director compensation.

After these moves, Anu holds 10,796 common shares and 5,012 restricted share units. With no open-market buys or sells reported, the economic effect is increased direct share ownership and refreshed unvested awards, a neutral development largely driven by the company’s equity plan rather than discretionary trading decisions.

Insider Trade Summary

2,625 shares exercised/converted

Mixed 5 txns

Insider Karna Anu

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted share units	2,569	$0.00	--
Exercise	Dividend equivalent units	56	$0.00	--
Exercise	Common shares, par value $0.015	2,569	$0.00	--
Exercise	Common shares, par value $0.015	56	$0.00	--
Grant/Award	Restricted share units	2,443	$0.00	--

Holdings After Transaction: Restricted share units — 2,443 shares (Direct, null); Dividend equivalent units — 0 shares (Direct, null); Common shares, par value $0.015 — 10,740 shares (Direct, null)

Footnotes (1)

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.

Key Figures

Derivative shares exercised: 2,625 shares New RSU grant: 2,443 units Common shares held: 10,796 shares +2 more

5 metrics

Derivative shares exercised 2,625 shares Exercise of dividend equivalent units and restricted share units on May 7

New RSU grant 2,443 units Restricted share units granted on May 6

Common shares held 10,796 shares Direct ownership following reported transactions

RSUs outstanding 5,012 units Restricted share units held after new grant

Dividend equivalent units exercised 56 units Converted into common shares on May 7

Key Terms

Restricted share units, Dividend equivalent units, Exercise or conversion of derivative security

3 terms

Restricted share units financial

"Restricted share units convert into common shares on a one-for-one basis."

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

Dividend equivalent units financial

"The dividend equivalent rights accrued on unvested awards; each dividend equivalent unit is the economic equivalent of one common share."

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.

Exercise or conversion of derivative security financial

"Transaction code M is described as Exercise or conversion of derivative security."

Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Karna Anu

(Last) (First) (Middle)

C/O ESSENT GROUP LTD.

CLARENDON HOUSE, 2 CHURCH STREET

(Street)

HAMILTON HM 11

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

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
Common shares, par value $0.015	05/07/2026		M		2,569	A	(1)	10,740	D
Common shares, par value $0.015	05/07/2026		M		56	A	(2)	10,796	D

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
Restricted share units	$0(1)	05/06/2026		A		2,443		(1)	(1)	Common shares, par value $0.015	2,443	$0	5,012	D
Restricted share units	$0(1)	05/07/2026		M			2,569	(1)	(1)	Common shares, par value $0.015	2,569	$0	2,443	D
Dividend equivalent units	(2)	05/07/2026		M			56	(2)	(2)	Common shares, par value $0.015	56	$0	0	D

Explanation of Responses:

1. Restricted share units convert into common shares on a one-for-one basis.

2. 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	05/08/2026
	** 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 did Essent Group (ESNT) director Karna Anu report in this Form 4?

Director Karna Anu reported exercising derivative awards into 2,625 Essent Group common shares and receiving a new grant of 2,443 restricted share units. These are compensation-related equity movements, not open-market stock purchases or sales.

Were there any open-market buys or sells by Karna Anu in ESNT shares?

No open-market buys or sells were reported. All transactions used codes M and A, reflecting exercises of derivative awards and a grant of restricted share units, which are typical equity compensation events rather than discretionary market trades.

How many Essent Group shares does Karna Anu hold after these transactions?

After the reported activity, the filing shows Anu directly holding 10,796 Essent Group common shares. This reflects increased direct ownership resulting from exercises of dividend equivalent units and restricted share units that convert into common shares on a one-for-one basis.

What restricted share unit position does Karna Anu have in Essent Group (ESNT)?

Following the new grant, the filing reports 5,012 restricted share units held by Karna Anu. These units are equity awards that convert into common shares one-for-one as they vest, providing additional share-based compensation over time.

What are dividend equivalent units and how do they affect ESNT director holdings?

Dividend equivalent units are awards that accrue on unvested stock or unit grants and are the economic equivalent of one Essent Group common share. In this filing, 56 dividend equivalent units were exercised into common shares, modestly increasing the director’s direct holdings.