Essent Group Ltd. (ESNT) CEO awarded 3,171 dividend equivalent units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CASALE MARK reported acquisition or exercise transactions in this Form 4 filing.
Essent Group Ltd. reported that Chairman, CEO and President Mark Casale received a grant of dividend equivalent units. On March 23, 2026, he was awarded 3,171 dividend equivalent units, each economically matching one common share of Essent Group Ltd.
These dividend equivalents accrued on unvested restricted stock and restricted stock unit awards and vest proportionately with those underlying awards. Following this grant, Casale directly holds 13,969 dividend equivalent units, all at a stated price of $0.00 per unit, reflecting routine equity-based compensation rather than an open-market purchase.
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 | 3,171 | $0.00 | -- |
Holdings After Transaction:
Dividend equivalent units — 13,969 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Essent Group Ltd. (ESNT) report for Mark Casale?
Essent Group Ltd. reported that Chairman, CEO and President Mark Casale received a grant of 3,171 dividend equivalent units on March 23, 2026. These are compensation-related awards, not open-market share purchases or sales.
What are dividend equivalent units in Essent Group Ltd. (ESNT)’s Form 4?
Dividend equivalent units are rights that mirror dividends on unvested restricted stock or RSUs and are economically equal to one common share. For Essent, they accrue on unvested awards and vest proportionately with the related restricted stock or restricted stock units.
How many dividend equivalent units does Mark Casale hold after this Essent (ESNT) grant?
After the March 23, 2026 grant, Mark Casale directly holds 13,969 dividend equivalent units. This total reflects his accumulated dividend equivalents tied to unvested restricted stock and restricted stock unit awards, as shown in the Form 4 filing.
How do Essent (ESNT) dividend equivalent units vest for Mark Casale?
The filing states that the dividend equivalent rights accrue on unvested restricted stock and RSU awards and become vested proportionately with those underlying awards. This means vesting follows the same schedule as the related restricted stock or restricted stock units.