Form 4: Essent Group SVP Mary Lourdes Gibbons Reports Stock Transactions
SEC Form 4 Filing
Mary Lourdes Gibbons, SVP and Chief Legal Officer of Essent Group Ltd., reports the acquisition and disposal of common shares and dividend equivalent units.
Summary
- On March 1, 2024, Mary Lourdes Gibbons, SVP and Chief Legal Officer of Essent Group Ltd., reported transactions involving Essent Group Ltd. common shares.
- Gibbons acquired 1,399 common shares through dividend equivalent units.
- She also disposed of 11,475 shares to satisfy tax withholding obligations at a price of $53.57 per share.
- Following these transactions, Gibbons beneficially owns 248,786 common shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for officers of publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company insider, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the reported transactions (acquisition and disposal of shares) |
| 03/05/2024 | Date of signature for the report |
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