Essent Group (NYSE: ESNT) exec receives 547 dividend equivalent units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Curran Christopher G reported acquisition or exercise transactions in this Form 4 filing.
Essent Group Ltd. reported that Christopher G. Curran, President of Essent Guaranty, Inc., received a grant of 547 dividend equivalent units tied to unvested restricted stock or restricted stock units. After this award, he holds 2,319 dividend equivalent units, each economically equivalent to one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Curran Christopher G
Role
Pres., Essent Guaranty, Inc.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend equivalent units | 547 | $0.00 | -- |
Holdings After Transaction:
Dividend equivalent units — 2,319 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Essent Group Ltd. (ESNT) disclose for Christopher G. Curran?
Essent Group Ltd. disclosed that Christopher G. Curran received a grant of 547 dividend equivalent units. These units accrued on unvested restricted stock or restricted stock unit awards and are part of his overall equity-based compensation package.
How many Essent (ESNT) dividend equivalent units does Christopher G. Curran hold after this Form 4?
Following the reported grant, Christopher G. Curran holds a total of 2,319 dividend equivalent units. This figure reflects his position after the 547-unit award was added to his existing balance of similar compensation-linked units.
What are dividend equivalent units in the Essent Group Ltd. (ESNT) Form 4 filing?
Dividend equivalent units are rights that accrue on unvested restricted stock or restricted stock unit awards. Each unit is the economic equivalent of one Essent Group Ltd. common share, mirroring the value of regular dividends on those underlying equity awards.
Do the Essent (ESNT) dividend equivalent units reported for Curran vest immediately?
The dividend equivalent units do not vest immediately. According to the disclosure, they become vested proportionately with the unvested restricted stock or restricted stock unit awards to which they relate, aligning their vesting schedule with those underlying equity awards.