[Form 4] Essent Group Ltd. Insider Trading Activity

Rhea-AI Filing Summary

Essent Group Ltd. insider report: The Form 4 discloses that an officer, SVP and Chief Risk Officer Vijay Bhasin, was credited with 353 dividend equivalent units on 09/10/2025 which are economically equivalent to common shares and vest alongside the underlying restricted awards. After this transaction Mr. Bhasin's beneficial ownership is reported as 2,578 common shares, held directly.

The filing explains these dividend equivalent units accrue on unvested restricted stock or restricted stock unit awards and vest proportionately with those awards. No exercise price, sale, or derivative disposition is reported.

Positive

• Acquisition of 353 dividend equivalent units increases the officer's direct economic exposure to Essent Group Ltd.
• Reported beneficial ownership of 2,578 shares provides transparency on insider holdings and aligns with Section 16 disclosure requirements.

Negative

• None.

Insights

Financial Analyst

TL;DR Insider received dividend-equivalent units that increase direct holdings modestly; transaction appears routine and not material to valuation.

The reported acquisition of 353 dividend equivalent units on 09/10/2025 increases the reporting officer's direct stake to 2,578 shares. These units mirror economic exposure to common shares and vest with underlying awards, indicating compensation-related accrual rather than open-market buying or strategic stakebuilding. Per the filing there are no cash consideration or derivative exercises involved. Impact on share count and ownership is minimal based on the reported absolute amounts.

Corporate Governance Expert

TL;DR This Form 4 documents routine compensation-related accruals; disclosure is timely and consistent with Section 16 reporting obligations.

The disclosure identifies the reporting person, relationship to the issuer (SVP and Chief Risk Officer), and the nature of the units as dividend equivalents tied to unvested restricted awards. The filing was signed by an attorney-in-fact, indicating standard execution. There is no indication of a planned sale, extraordinary transfer, or related-party transaction in this report. Governance implications are limited given the small incremental ownership change disclosed.

SEC Form 4

FORM 4

UNITED 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
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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^*

Bhasin Vijay

(Last) (First) (Middle)

C/O ESSENT GROUP LTD.

CLARENDON HOUSE, 2 CHURCH STREET

(Street)

HAMILTON D0 HM11

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Essent Group Ltd. [ ESNT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and Chief Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend equivalent units	(1)	09/10/2025		A		353		(1)	(1)	Common shares, par value $0.015	2,578	$0	2,578	D

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-fact	09/12/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did the Essent Group (ESNT) Form 4 filed on 09/12/2025 report?

It reports that officer Vijay Bhasin was credited with 353 dividend equivalent units on 09/10/2025, increasing his direct beneficial ownership to 2,578 common shares.

What are dividend equivalent units in this Form 4?

The filing states dividend equivalent units are the economic equivalent of one common share each and accrue on unvested restricted stock or RSU awards, vesting proportionately.

Did the filing show any sale or cash purchase of shares by the insider?

No. The Form 4 shows an acquisition of dividend equivalent units tied to compensation awards; it does not report open-market purchases or sales.

Who is the reporting person and what is their role at ESNT?

The reporting person is Vijay Bhasin, identified as SVP and Chief Risk Officer and an officer of Essent Group Ltd.

How does this Form 4 affect ESNT's outstanding shares or control?

The filing reports a small incremental increase in one insider's holdings (to 2,578 shares); the document does not indicate any material change to outstanding shares or control.