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Essent Group (NYSE: ESNT) director awarded 15 dividend equivalent units as equity compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Essent Group Ltd. director David C. Benson reported receiving 15 dividend equivalent units on June 10, 2026. These units were granted at a price of $0.00 per unit as a grant/award acquisition tied to existing equity awards.

Each dividend equivalent unit represents the economic equivalent of one common share of Essent Group Ltd. and accrues on unvested restricted stock or restricted stock unit awards. The units vest proportionately over time with the underlying awards, and Benson’s reported balance after this transaction is 15 dividend equivalent units.

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Insider Benson David C
Role null
Type Security Shares Price Value
Grant/Award Dividend equivalent units 15 $0.00 --
Holdings After Transaction: Dividend equivalent units — 15 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Dividend equivalent units granted 15 units Grant on June 10, 2026
Price per unit $0.00 Grant/award acquisition
Units held after transaction 15 units Total dividend equivalent units following grant
Underlying common shares 15 shares equivalent Each unit equals one common share
Dividend equivalent units financial
"The dividend equivalent rights accrued on unvested restricted stock award(s)... 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.
restricted stock award financial
"The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s)"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
restricted stock unit award financial
"The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s)"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
economic equivalent financial
"Each dividend equivalent unit is the economic equivalent of one common share of Essent Group Ltd."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Benson David C

(Last)(First)(Middle)
C/O ESSENT GROUP LTD.
CLARENDON HOUSE, 2 CHURCH STREET

(Street)
HAMILTONHM11

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend equivalent units(1)06/10/2026A15 (1) (1)Common shares, par value $0.01515$015D
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-fact06/30/2026
** Signature of Reporting PersonDate
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 David C. Benson?

Essent Group Ltd. reported that director David C. Benson received 15 dividend equivalent units on June 10, 2026. These were granted as a compensation-related award, not an open-market purchase or sale of Essent common shares.

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

Dividend equivalent units are compensation instruments that mirror dividends on unvested equity awards. For Essent, each unit is the economic equivalent of one common share and accrues on unvested restricted stock or restricted stock unit awards, vesting proportionately with those underlying awards.

How many Essent Group Ltd. (ESNT) dividend equivalent units does David C. Benson hold after this transaction?

Following the reported transaction, David C. Benson holds 15 dividend equivalent units. This reflects the full amount acquired in this Form 4 filing, as the transaction summary shows no sales, exercises, or dispositions associated with these units.

Was the Essent Group Ltd. (ESNT) Form 4 transaction a market buy or sell?

No, the reported transaction was not a market buy or sell. It is coded “A” for a grant, award, or other acquisition, and represents compensation-related dividend equivalent units rather than an open-market trade in Essent common shares.

How do Essent Group Ltd. (ESNT) dividend equivalent units vest for David C. Benson?

The dividend equivalent units vest proportionately with the related unvested restricted stock or restricted stock unit awards. As those underlying awards vest over time, the associated dividend equivalent units vest on the same schedule, maintaining alignment with the original equity grants.