Essent CEO granted 2,708 dividend units
Essent Group’s CEO received additional dividend equivalent units tied to unvested equity awards, increasing his total such units to 19,806.
Rhea-AI Filing Summary
Essent Group Ltd. (ESNT) reported that Chairman, CEO and President Mark Casale acquired 2,708 dividend equivalent units on September 10, 2026 as a compensation-related award. These units relate to unvested restricted stock and restricted stock unit awards and increase his directly held dividend equivalent units to 19,806, each economically equivalent to one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 2,708 shares
Grant/Award
1 txn
Insider
CASALE MARK
Role
Chairman, CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend equivalent units F1 | 2,708 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend equivalent units — 19,806 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 acquired: 2,708 units
Dividend equivalent units held after transaction: 19,806 units
Transaction price per dividend equivalent unit: $0.00 per unit
+1 more
4 metrics
Dividend equivalent units acquired
2,708 units
Grant to Mark Casale on September 10, 2026
Dividend equivalent units held after transaction
19,806 units
Direct holdings of Mark Casale after the award
Transaction price per dividend equivalent unit
$0.00 per unit
Grant of 2,708 dividend equivalent units on September 10, 2026
Underlying common shares
19,806 shares
Each dividend equivalent unit is the 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)"
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) report for Mark Casale?
Essent Group Ltd. reported that Mark Casale received a grant of 2,708 dividend equivalent units on September 10, 2026, as a compensation-related acquisition linked to his unvested restricted stock and restricted stock unit awards.
How many dividend equivalent units does the Essent Group (ESNT) CEO hold after this Form 4?
After the reported transaction, Mark Casale directly holds 19,806 dividend equivalent units. According to the disclosure, each dividend equivalent unit is the economic equivalent of one common share of Essent Group Ltd.
What are the terms of the dividend equivalent units reported by ESNT?
The filing states that the dividend equivalent rights accrued on unvested restricted stock and restricted stock unit awards and become vested proportionately with those awards. Each dividend equivalent unit is the economic equivalent of one common share of Essent Group Ltd.
Was the Essent Group (ESNT) CEO’s Form 4 transaction part of a Rule 10b5-1 plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the September 10, 2026 grant of dividend equivalent units was made pursuant to a Rule 10b5-1 trading plan.
Did the Essent Group (ESNT) CEO pay anything for the dividend equivalent units?
No. The Form 4 reports a transaction price per unit of $0.00 for the 2,708 dividend equivalent units granted on September 10, 2026, indicating they were awarded as part of compensation rather than purchased in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.