Essent CEO reports new equity awards and disposals
Essent Group Ltd. Chairman, CEO and President Mark Casale reported multiple equity award transactions.
Rhea-AI Filing Summary
Essent Group Ltd. Chairman, CEO and President Mark Casale reported multiple equity award transactions. On February 11, 2026, he acquired 137,384 common shares and 22,898 restricted share units at $65.51 per share as grants under the 2013 Long-Term Incentive Plan. These awards are subject to performance- and time-based vesting through March 1, 2029.
On the same date, Casale disposed of 7,239 common shares and 455 dividend equivalent units to the issuer at a price of $0 per unit. After these transactions, he directly owned 2,320,839 common shares and 24,827 derivative units, plus 250,000 common shares held indirectly through the Mark A Casale Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted share units | 22,898 | $65.51 | $1.50M |
| Disposition | Dividend equivalent units | 455 | $0.00 | $0.00 |
| Grant/Award | Common shares, par value $0.015 | 137,384 | $65.51 | $9.00M |
| Disposition | Common shares, par value $0.015 | 7,239 | $0.00 | $0.00 |
| holding | Common shares, par value $0.015 | -- | -- | -- |
Footnotes (4)
- F1. Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan, with any shares becoming earned based upon the issuer's compounded annual book value per share growth percentage and relative total shareholder return during a three-year performance period commencing January 1, 2026 and vesting on March 1, 2029.
- F2. Restricted share units convert into common shares on a one-for-one basis.
- F3. Represents restricted shares granted under the issuer's 2013 Long-Term Incentive Plan subject to time-based vesting in equal installments on each of March 1, 2027, 2028 and 2029.
- F4. 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.
FAQ
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What insider transactions did ESNT CEO Mark Casale report on February 11, 2026?
What equity awards did Essent Group (ESNT) grant to Mark Casale?
What are the vesting terms for Mark Casale’s new Essent Group equity awards?
What are Essent Group (ESNT) dividend equivalent units mentioned in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.