Form 4: Essent Group Director Allan Levine Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Allan Levine reports transactions involving Essent Group Ltd. common shares and restricted share units.
Summary
- On May 3, 2024, Allan Levine, a director of Essent Group Ltd., reported changes in beneficial ownership.
- These changes involve transactions in common shares and restricted share units.
- Specifically, 2,993 restricted share units converted into common shares at a price of $0, increasing his holdings.
- Additionally, 61 dividend equivalent units converted into common shares at $0.
- Following these transactions, Levine directly owns 38,653 common shares.
- He also holds 2,800 restricted share units and 0 dividend equivalent units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings and transactions of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/03/2023 | Reporting person was granted 2,993 restricted share units which vested in full on May 3, 2024. |
| 05/01/2024 | Date of transaction involving restricted share units. |
| 05/03/2024 | Date of transactions involving common shares and restricted share units. |
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