Form 4: Essent Group Ltd.: Executive Curran Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Christopher G. Curran, a Pres. at Essent Guaranty, Inc., reported the acquisition and disposal of Essent Group Ltd. shares due to dividend equivalent rights and tax obligations.

Summary

  • On March 1, 2024, Christopher G. Curran, a Pres. at Essent Guaranty, Inc., reported changes in beneficial ownership of Essent Group Ltd. shares.
  • Curran acquired 1,471 common shares through the vesting of dividend equivalent units.
  • He also disposed of 13,100 common shares to satisfy tax withholding obligations at a price of $53.57 per share.
  • Following these transactions, Curran directly owns 274,552 common shares and 2,314 dividend equivalent units.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation and does not indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders, providing transparency into their transactions in company stock. This filing indicates routine transactions related to equity compensation.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders as they are related to executive compensation and tax obligations.

Key Dates

DateDescription
03/01/2024Date of transaction: acquisition of 1,471 shares via dividend equivalent units and disposal of 13,100 shares for tax obligations.
03/05/2024Date of signature on the report.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.