Essent Group Ltd
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
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Sep 30, 2024 · Filed Nov 5, 2024
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Item 5. Other Information
Executive Trading Plan
On August 30, 2024, Vijay Bhasin, the Company’s Senior Vice President and Chief Risk Officer, entered into a 10b5-1 sales plan (the “Bhasin Plan”) intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act. The Bhasin Plan provides for the sale of up to an aggregate of 122,449 shares of the Company’s common stock beneficially owned by Mr. Bhasin during the term of the Bhasin Plan and will be in effect until the earlier of (1)August 30, 2026 and (2) the date on which an aggregate of 122,449 shares of the Company’s common stock have been sold under the Bhasin Plan.
On September 5, 2024, Mark Casale, the Company’s President and Chief Executive Officer, entered into a 10b5-1 sales plan (the “Casale Plan”) intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Exchange Act. The Casale Plan provides for the sale of up to an aggregate of 250,000 shares of the Company’s common stock beneficially owned by Mr. Casale during the term of the Casale Plan and will be in effect until the earlier of (1)December 5, 2025 and (2) the date on which an aggregate of 250,000 shares of the Company’s common stock have been sold under the Casale Plan.
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