KASMAR ROY JAMES 4
4 · Essent Group Ltd. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Essent (ESNT) Director Roy Kasmar Receives 16-Share Award
What Happened
Roy Kasmar, a director of Essent Group Ltd. (ESNT), was granted 16 derivative units tied to restricted stock on March 23, 2026. The Form 4 reports the acquisition as 16 shares at $0.00 (award/derivative), with a reported acquisition value of $0. This was an award/compensation transaction rather than an open-market purchase or sale.
Key Details
- Transaction type/date: Award/other acquisition (Code A) on 2026-03-23.
- Quantity and price: 16 shares recorded at $0.00 per share (derivative award).
- Reported filing: Form 4 filed 2026-03-25 (two days after the transaction).
- Shares owned after transaction: Not specified in the provided data.
- Footnote: Dividend-equivalent rights accrued on unvested restricted stock award(s) and/or restricted stock unit award(s) and vest proportionately; each dividend-equivalent unit equals the economic equivalent of one common share.
Context
This was a compensation-related award (dividend-equivalent units tied to unvested RSAs/RSUs), which is routine for executive/director pay and does not by itself indicate a buy or sell sentiment. For derivative awards like this, the $0 exercise/acquisition price is common; potential future value depends on vesting and Essent’s stock price at vesting.
Insider Transaction Report
- Award
Dividend equivalent units
[F1]2026-03-23+16→ 56 total→ Common shares, par value $0.015 (56 underlying)
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.