secwatch.observer — SEC 8-K summary
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Issuer:     Essent Group Ltd. (ESNT)
CIK:        0001448893
Form:       8-K
Filed at:   2022-06-29T23:59:59+00:00
Accession:  0001448893-22-000063
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Essent Group CFO Lawrence McAlee steps down; David Weinstock named interim CFO
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- Lawrence McAlee ceased as CFO effective June 28, 2022, will serve as Special Advisor to CEO through Dec 31, 2022.
- McAlee receives $30,000 monthly base salary during transition and a one-time cash bonus of $1,500,000.
- David Weinstock, VP and Chief Accounting Officer since 2009, appointed Interim CFO with a monthly cash bonus of $25,000.
- Departure not related to any financial disclosure issues or disagreements with the Company.
- McAlee eligible for severance and equity vesting consistent with termination without cause after Separation Date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1448893/000144889322000063/0001448893-22-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1448893/000144889322000063/esnt-20220629.htm
  HTML page:      https://secwatch.observer/filing/0001448893-22-000063

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