Essent Group (ESNT) CEO Mark Casale awarded 3,129 dividend units
Rhea-AI Filing Summary
CASALE MARK reported acquisition or exercise transactions in this Form 4 filing.
Essent Group Ltd. Chairman, CEO and President Mark Casale reported a compensation-related transaction involving derivative securities. He received a grant of 3,129 dividend equivalent units on June 10, 2026, economically equivalent to 3,129 common shares. Following this award, his directly held dividend equivalent units total 17,098.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CASALE MARK
Role
Chairman, CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend equivalent units | 3,129 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend equivalent units — 17,098 shares (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 granted: 3,129 units
Total dividend equivalent units after transaction: 17,098 units
Underlying common shares: 3,129 shares
+1 more
4 metrics
Dividend equivalent units granted
3,129 units
Grant on June 10, 2026
Total dividend equivalent units after transaction
17,098 units
Holdings after June 10, 2026 award
Underlying common shares
3,129 shares
Each dividend equivalent unit equals one common share
Transaction price per unit
$0.0000
Compensation grant, not a market purchase
Key Terms
Dividend equivalent units, restricted stock award(s), restricted stock unit award(s), economic equivalent
4 terms
Dividend equivalent units financial
"The dividend equivalent rights accrued on unvested restricted stock award(s)... Each dividend equivalent unit is the economic equivalent of one common share..."
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 award(s) financial
"The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s)..."
restricted stock unit award(s) financial
"The dividend equivalent rights 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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Essent Group (ESNT) report for Mark Casale?
Essent Group reported that Chairman, CEO and President Mark Casale received 3,129 dividend equivalent units on June 10, 2026. These units are a form of equity-linked compensation, increasing his total directly held dividend equivalent units to 17,098 after the transaction.
What are dividend equivalent units in Essent Group (ESNT) Form 4?
Dividend equivalent units are rights that mirror dividends on unvested equity awards, each economically equal to one common share. For Essent Group, these units accrue on unvested restricted stock or RSU awards and vest proportionately with those underlying awards over time.
How many dividend equivalent units did Mark Casale receive from Essent Group (ESNT)?
Mark Casale received 3,129 dividend equivalent units as a grant or award. According to the filing, each unit is economically equivalent to one common share of Essent Group Ltd., and the award relates to his existing unvested restricted stock or restricted stock unit grants.
What is Mark Casale’s total dividend equivalent unit holding after this Essent Group (ESNT) transaction?
After the June 10, 2026 grant, Mark Casale holds 17,098 dividend equivalent units directly. This figure represents his total position in these derivative rights following the award and helps show the scale of his equity-linked compensation at Essent Group.
Does the Essent Group (ESNT) Form 4 show a stock sale by Mark Casale?
The Form 4 does not report any stock sales by Mark Casale. It shows an acquisition coded as a grant or award of 3,129 dividend equivalent units, a routine compensation entry rather than an open-market purchase or sale of Essent Group common shares.