Bhasin Vijay 4

What Happened Vijay Bhasin, Senior Vice President and Chief Risk Officer of Essent Group Ltd., was granted 378 derivative units on 2026-03-23. The reported transaction is coded as an award/acquisition (A) for 378 shares at $0.00 per unit (total reported value $0). The filing indicates these are dividend equivalent rights tied to unvested restricted stock/RSU awards and will vest proportionately with those underlying awards.

Key Details

• Transaction date: 2026-03-23; Form 4 filed: 2026-03-25 (appears timely).
• Transaction type/code: Award/Acquisition (A); derivative units reported.
• Shares/units acquired: 378 units at $0.00 each (total reported $0).
• Shares owned after transaction: Not disclosed in the information provided.
• Footnote: Dividend equivalent rights accrued on unvested restricted stock/RSU awards; each dividend equivalent unit is the economic equivalent of one common share and vests proportionately with the underlying award(s).

Context Dividend equivalent units are compensation-related, derivative awards that mirror the economic value of shares but are tied to unvested equity grants; they are not an open-market purchase or sale and therefore don’t directly indicate the insider’s view on the company’s stock. This appears to be a routine equity compensation event rather than a market trade.