Essent Group (ESNT) director granted 15 dividend equivalent units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essent Group Ltd. director April Joyce Galda reported receiving a grant of dividend equivalent units linked to existing equity awards. On 2026-06-10, she acquired 15.0000 dividend equivalent units at a price of $0.0000 per unit, bringing her holdings in this derivative instrument to 15.0000 units.
Each dividend equivalent unit represents the economic value of one common share of Essent Group Ltd. and accrues on unvested restricted stock and restricted stock unit awards, vesting proportionately with those underlying awards. This filing reflects a routine, compensation-related accrual rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Galda April Joyce
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)
- [object Object]
Key Figures
Dividend equivalent units granted: 15.0000 units
Price per dividend equivalent unit: $0.0000
Dividend equivalent units after transaction: 15.0000 units
+1 more
4 metrics
Dividend equivalent units granted
15.0000 units
Grant on 2026-06-10 coded as acquisition (A)
Price per dividend equivalent unit
$0.0000
Grant price for dividend equivalent units
Dividend equivalent units after transaction
15.0000 units
Total derivative holdings following the grant
Underlying common shares
15.0000 shares
Each unit is economic equivalent of one common share
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) and/or unvested restricted stock unit 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 of Essent Group Ltd."
FAQ
What insider transaction did Essent Group (ESNT) report for April Joyce Galda?
Essent Group director April Joyce Galda received 15.0000 dividend equivalent units as a grant on 2026-06-10. These units are linked to her unvested restricted stock and restricted stock unit awards and reflect routine compensation, not an open-market trade.
How many Essent Group (ESNT) dividend equivalent units were granted in this Form 4?
The Form 4 shows a grant of 15.0000 dividend equivalent units to April Joyce Galda. Following this transaction, her reported holdings in this derivative instrument total 15.0000 units, each tied economically to one Essent Group common share.
What are dividend equivalent units in the Essent Group (ESNT) Form 4 filing?
Dividend equivalent units are rights that accrue on unvested restricted stock and restricted stock unit awards. For Essent Group, each unit is the economic equivalent of one common share and vests proportionately with the related underlying equity awards over time.
Was the Essent Group (ESNT) Form 4 transaction an open-market buy or sell?
No, the Form 4 transaction was not an open-market buy or sell. It is coded “A” for a grant, award, or other acquisition, reflecting 15.0000 dividend equivalent units granted as part of compensation rather than a discretionary market trade.
How does this Essent Group (ESNT) Form 4 affect the director’s holdings?
After receiving the 15.0000 dividend equivalent units, April Joyce Galda’s reported holdings in this derivative instrument are 15.0000 units. These units mirror the value of Essent common shares and will vest along with the associated unvested equity awards.