Essent Group (ESNT) awards dividend equivalent units to SVP
Rhea-AI Filing Summary
Essent Group Ltd. senior vice president and chief risk officer Vijay Bhasin reported a compensation-related grant of derivative awards. On June 10, 2026, he acquired 373 dividend equivalent units at $0.00 per unit, each economically equal to one common share.
These dividend equivalent rights accrue on unvested restricted stock and restricted stock unit awards and vest proportionately with those awards. Following this grant, Bhasin directly holds 1,977 dividend equivalent units, reflecting additional equity-linked compensation rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bhasin Vijay
Role
SVP and Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend equivalent units | 373 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend equivalent units — 1,977 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: 373 units
Total dividend equivalent units after grant: 1,977 units
Grant price per unit: $0.00 per unit
+1 more
4 metrics
Dividend equivalent units granted
373 units
Grant on June 10, 2026
Total dividend equivalent units after grant
1,977 units
Holdings following transaction
Grant price per unit
$0.00 per unit
Dividend equivalent unit grant
Underlying common shares per unit
1 share per unit
Each unit equals one common share economically
Key Terms
dividend equivalent units, restricted stock unit award(s), economic equivalent of one common share
3 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)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Essent Group Ltd. SVP Vijay Bhasin report on this Form 4 for ESNT?
Vijay Bhasin reported a compensation-related grant of 373 dividend equivalent units on June 10, 2026. These units are derivative awards tied to existing unvested equity and are economically equivalent to Essent Group Ltd. common shares, without involving any open-market stock purchase or sale.
How many dividend equivalent units did Vijay Bhasin receive in this ESNT filing?
He received 373 dividend equivalent units as a grant at a price of $0.00 per unit. Each unit is economically equivalent to one Essent Group Ltd. common share and is linked to unvested restricted stock or restricted stock unit awards he already holds.
What are dividend equivalent units in the context of Essent Group Ltd. (ESNT)?
Dividend equivalent units are rights that mirror dividends on unvested equity awards, accruing on restricted stock or RSUs. Each unit is the economic equivalent of one Essent Group Ltd. common share and generally vests proportionately with the underlying awards, aligning executive compensation with shareholder returns.
How many dividend equivalent units does Vijay Bhasin hold after this ESNT transaction?
After the June 10, 2026 grant, Vijay Bhasin directly holds 1,977 dividend equivalent units. This total includes the newly awarded 373 units and reflects his accumulated dividend-linked derivative awards associated with his unvested restricted stock and restricted stock unit grants.