Essent Group (NYSE: ESNT) director shifts shares to trust, sells 2,500
Rhea-AI Filing Summary
Essent Group Ltd. (ESNT) director Douglas J. Pauls reported several transactions in common shares on August 24, 2026. He made a bona fide gift of 2,625 shares from his direct holdings, leaving him with 0 directly held shares, and a corresponding bona fide gift of 2,625 shares to the Douglas J. Pauls Revocable Trust. The trust then sold 2,500 shares in an open-market or private transaction at $69.70 per share. The Rule 10b5-1 checkbox was not marked as being used for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,500 shares
Net Sell
3 txns
Insider
PAULS DOUGLAS J
Role
Director
Sold
2,500 shs ($174K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common shares, par value $0.015 | 2,625 | $0.00 | $0.00 |
| Gift | Common shares, par value $0.015 | 2,625 | $0.00 | $0.00 |
| Sale | Common shares, par value $0.015 | 2,500 | $69.70 | $174K |
Holdings After Transaction:
Common shares, par value $0.015 — 0 shares (Direct);
Common shares, par value $0.015 — 30,154 shares (Indirect, By Douglas J. Pauls Revocable Trust U/A Dated Jan 30 2013)
Key Figures
Gifted shares (direct to zero): 2,625 shares
Gifted shares to revocable trust: 2,625 shares
Shares sold by revocable trust: 2,500 shares
+2 more
5 metrics
Gifted shares (direct to zero)
2,625 shares
Bona fide gift of directly held ESNT common shares on August 24, 2026; direct holdings following were 0 shares
Gifted shares to revocable trust
2,625 shares
Bona fide gift of ESNT common shares to Douglas J. Pauls Revocable Trust on August 24, 2026
Shares sold by revocable trust
2,500 shares
Sale of ESNT common shares by Douglas J. Pauls Revocable Trust on August 24, 2026
Sale price per share
$69.70 per share
Price for 2,500 ESNT common shares sold by the revocable trust
Par value of common shares
$0.015 per share
Par value of Essent Group Ltd. common shares involved in the transactions
Key Terms
Bona fide gift, indirect ownership, Common shares, par value $0.015
3 terms
Bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
""direct_or_indirect": "I","nature_of_ownership""
FAQ
What insider transactions did ESNT director Douglas J. Pauls report on August 24, 2026?
Douglas J. Pauls reported a bona fide gift of 2,625 ESNT common shares from direct ownership, a gift of 2,625 shares to his revocable trust, and the trust’s sale of 2,500 shares at $69.70 per share.
Were the ESNT transactions by Douglas J. Pauls filed under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox was not checked, indicating these ESNT transactions by Douglas J. Pauls were not affirmed as being made under a Rule 10b5-1 trading plan.
What type of security did Douglas J. Pauls transact in for ESNT?
All reported transactions by Douglas J. Pauls involved Essent Group Ltd. common shares, par value $0.015 per share. The activities included bona fide gifts and an open-market or private sale through his revocable trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.