Essent Group (NYSE: ESNT) director gains stock via RSU and dividend units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essent Group Ltd. director Angela L. Heise reported compensation-related equity activity. On May 6, 2026, she received a grant of 2,443 restricted share units, each convertible into one common share. On May 7, 2026, 2,569 restricted share units and 56 dividend equivalent units vested and were converted into the same number of common shares at no cost. Following these transactions, she directly holds 24,538 common shares and 2,443 restricted share units, with no shares sold in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,625 shares exercised/converted
Mixed
5 txns
Insider
Heise Angela L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted share units | 2,569 | $0.00 | -- |
| Exercise | Dividend equivalent units | 56 | $0.00 | -- |
| Exercise | Common shares, par value $0.015 | 2,569 | $0.00 | -- |
| Exercise | Common shares, par value $0.015 | 56 | $0.00 | -- |
| Grant/Award | Restricted share units | 2,443 | $0.00 | -- |
Holdings After Transaction:
Restricted share units — 2,443 shares (Direct, null);
Dividend equivalent units — 0 shares (Direct, null);
Common shares, par value $0.015 — 24,482 shares (Direct, null)
Footnotes (1)
- Restricted share units convert into common shares on a one-for-one basis. 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
RSUs granted: 2,443 units
RSUs vested and converted: 2,569 units
Dividend equivalent units vested: 56 units
+2 more
5 metrics
RSUs granted
2,443 units
Restricted share unit grant on May 6, 2026
RSUs vested and converted
2,569 units
Restricted share units converting to common shares on May 7, 2026
Dividend equivalent units vested
56 units
Dividend equivalent units converting to common shares on May 7, 2026
Common shares held after transactions
24,538 shares
Direct ownership following May 7, 2026 transactions
RSUs outstanding after transactions
2,443 units
Restricted share units remaining after May 7, 2026 vesting
Key Terms
Restricted share units, Dividend equivalent units, derivative security, grant, award, or other acquisition
4 terms
Dividend equivalent units financial
"Each dividend equivalent unit is the economic equivalent of one common share of Essent Group Ltd."
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Essent Group (ESNT) director Angela Heise report?
Angela L. Heise reported compensation-related equity transactions. She received 2,443 new restricted share units and saw 2,569 restricted share units plus 56 dividend equivalent units vest and convert into common shares, all at no cash cost and with no shares sold.
What equity awards vested for Essent Group (ESNT) director Angela Heise?
On May 7, 2026, 2,569 restricted share units and 56 dividend equivalent units vested for Angela L. Heise. These awards automatically converted into the same number of Essent Group common shares, reflecting the settlement of prior equity grants rather than open-market purchases.
What are dividend equivalent units in Essent Group (ESNT) director compensation?
Dividend equivalent units mirror dividends on unvested equity awards. For Angela L. Heise, 56 dividend equivalent units, each economically equal to one Essent Group common share, vested and converted into common shares alongside the related restricted share unit awards.