Essent Group (NYSE: ESNT) legal chief sells 8,500 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Essent Group Ltd. senior vice president and chief legal officer Mary Lourdes Gibbons reported open-market sales of company common shares. She sold 872 shares on April 17, 2026 at about $63.00 per share and 7,628 shares on April 20, 2026 at a weighted average price of $63.01 per share. After these transactions, she directly holds 237,586 common shares of Essent Group.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,500 shares ($535,576)
Net Sell
2 txns
Insider
Gibbons Mary Lourdes
Role
SVP and Chief Legal Officer
Sold
8,500 shs ($536K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common shares, par value $0.015 | 7,628 | $63.01 | $481K |
| Sale | Common shares, par value $0.015 | 872 | $63.00 | $55K |
Holdings After Transaction:
Common shares, par value $0.015 — 237,586 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold 2026-04-17: 872 shares at $63.00
Shares sold 2026-04-20: 7,628 shares at $63.01
Total shares sold: 8,500 shares
+2 more
5 metrics
Shares sold 2026-04-17
872 shares at $63.00
Open-market sale of common shares on April 17, 2026
Shares sold 2026-04-20
7,628 shares at $63.01
Open-market sale of common shares on April 20, 2026
Total shares sold
8,500 shares
Net shares sold across two transactions in April 2026
Shares held after sales
237,586 shares
Direct ownership following April 20, 2026 transaction
Price range 2026-04-20
$63.00–$63.01
Weighted average sale price range for April 20, 2026 trades
Key Terms
open-market sale, weighted average price, Common shares, par value $0.015, Form 4
4 terms
open-market sale financial
"transaction_action: "open-market sale" for both non-derivative trades"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"INSIDER FILING DATA (Form 4): structured insider transaction report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider activity did Essent Group (ESNT) report for Mary Lourdes Gibbons?
Essent Group reported that SVP and Chief Legal Officer Mary Lourdes Gibbons sold a total of 8,500 common shares in open-market transactions. These trades occurred on April 17 and April 20, 2026, at prices around $63 per share.
What type of transactions were reported in the Essent Group (ESNT) Form 4 for Mary Lourdes Gibbons?
The Form 4 shows open-market sales of Essent Group common shares by Mary Lourdes Gibbons, coded as “S” transactions. These are non-derivative trades, meaning they involve direct common share sales rather than options or other derivatives.
What does the weighted average price disclosure mean in the Essent Group (ESNT) insider sale?
For the April 20, 2026 trade, the Form 4 reports a weighted average price of $63.01. The footnote explains the shares were sold in multiple trades between $63.00 and $63.01, and detailed breakdowns are available on request.