Form 4: Essent Group SVP Mary Lourdes Gibbons Reports Changes in Beneficial Ownership

Mary Lourdes Gibbons, SVP and Chief Legal Officer of Essent Group Ltd., reports acquisition and disposal of common shares and restricted share units.

Summary

• On February 12, 2025, Mary Lourdes Gibbons, SVP and Chief Legal Officer of Essent Group Ltd., reported changes in beneficial ownership.
• She acquired 17,511 common shares at a price of $57.11 per share.
• She also disposed of 3,410 common shares at $0.
• Following these transactions, she beneficially owns 262,887 common shares.
• Additionally, she acquired 8,756 restricted share units, which convert into common shares on a one-for-one basis and vest in equal installments on March 1, 2026, 2027 and 2028.
• She also disposed of 212 dividend equivalent units.
• After these transactions, she owns 18,038 restricted share units and 3,225 dividend equivalent units.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't inherently indicate positive or negative sentiment.

Future Outlook

The restricted shares granted under the issuer's 2013 Long-Term Incentive Plan, with any shares becoming earned based upon the issuer's compounded annual book value per share growth percentage and relative total shareholder return during a three-year performance period commencing January 1, 2025 and vesting on March 1, 2028.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates