Essent Group (NYSE: ESNT) director receives grant of dividend equivalent units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essent Group Ltd. director Douglas J. Pauls reported an acquisition of derivative compensation on June 10, 2026. He received a grant of 15 dividend equivalent units at a price of $0.00 per unit, each economically equivalent to one common share, leaving him with 15 dividend equivalent units held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PAULS DOUGLAS J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend equivalent units | 15 | $0.00 | -- |
Holdings After Transaction:
Dividend equivalent units — 15 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Dividend equivalent units granted: 15 units
Grant price per unit: $0.00 per unit
Units outstanding after grant: 15 units
+1 more
4 metrics
Dividend equivalent units granted
15 units
Grant to director on June 10, 2026
Grant price per unit
$0.00 per unit
Dividend equivalent units grant
Units outstanding after grant
15 units
Total dividend equivalent units held directly
Underlying common shares
15 shares
Each unit equals one Essent common share economically
Key Terms
Dividend equivalent units, restricted stock unit award(s), economic equivalent, Common shares, par value $0.015
4 terms
Dividend equivalent units financial
"The dividend equivalent rights accrued on unvested restricted stock award(s) and/or unvested restricted stock unit award(s)"
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 unit award(s) financial
"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."
FAQ
What insider transaction did Essent Group (ESNT) disclose in this Form 4?
Essent Group disclosed that director Douglas J. Pauls acquired 15 dividend equivalent units on June 10, 2026. These units were granted at a price of $0.00 per unit as derivative compensation linked to existing unvested restricted stock and restricted stock unit awards.
Who is the insider involved in the latest Essent Group (ESNT) Form 4 filing?
The insider is Douglas J. Pauls, a director of Essent Group Ltd. He reported a single derivative transaction involving a grant of dividend equivalent units, reflecting compensation tied to unvested restricted stock and restricted stock unit awards rather than an open-market share purchase or sale.
How many Essent Group dividend equivalent units were granted in this Form 4?
The filing shows a grant of 15 dividend equivalent units to director Douglas J. Pauls. Each dividend equivalent unit is described as the economic equivalent of one Essent Group common share, so the grant corresponds economically to 15 common shares, held as derivative compensation.
What are dividend equivalent units in the Essent Group (ESNT) Form 4 filing?
Dividend equivalent units are rights that accrue on unvested restricted stock and restricted stock unit awards and vest proportionately with those awards. In this filing, each dividend equivalent unit is the economic equivalent of one Essent Group common share, providing parallel economic exposure.