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Essent Group (ESNT) awards dividend equivalent units to SVP

(Neutral)
(Neutral)
Form Type
4

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 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)
  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.
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
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 of one common share financial
"Each dividend equivalent unit is the economic equivalent of one common share of Essent Group Ltd."

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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.

Was there any open-market buying or selling of Essent Group Ltd. (ESNT) shares in this Form 4?

No open-market buy or sell occurred in this filing. The Form 4 reports a grant of 373 dividend equivalent units at $0.00, a form of equity-linked compensation tied to existing unvested awards, rather than a market purchase or sale of common shares.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bhasin Vijay

(Last)(First)(Middle)
C/O ESSENT GROUP LTD.
CLARENDON HOUSE, 2 CHURCH STREET

(Street)
HAMILTONHM11

(City)(State)(Zip)

BERMUDA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Essent Group Ltd. [ ESNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP and Chief Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Dividend equivalent units(1)06/10/2026A373 (1) (1)Common shares, par value $0.015373$01,977D
Explanation of Responses:
1. 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.
Remarks:
/s/ David B. Weinstock, as attorney-in-fact06/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)