Alexander KarpAlexander Karp earned $1B in 2024

In 2023, David B. Weinstock earned $1.00M in total compensation at Essent Group, including $375.00K salary and $562.50K bonus. Most recently sold 2,000 shares in Sep 2024. Currently holds stock worth $5.81M. 2+ years at the helm of Essent Group.

Compensation History

Annual executive compensation data for David B. Weinstock, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.00M

Salary

$375.00K

Bonus

$562.50K

Other

$64.08K

Salary

$375.00K

Board Justification

The compensation philosophy emphasizes performance-based compensation to attract and retain top talent while aligning executive interests with those of shareholders.

Bonus

$562.50K

Board Justification

The annual incentive bonus for 2023 was based on performance relative to Company and individual objectives, with a target of 100% of base salary, resulting in a payout of 150% of the target.

Other Compensation

$64.08K

Board Justification

Other compensation includes financial planning services and matching contributions to the 401(k) plan.

Restricted Stock

$0.000 RSU

Board Justification

No stock awards vested in 2023 as the awards are subject to time-based vesting and performance metrics that have not yet been met.

Performance Metrics

Performance metrics include annual and long-term strategic and corporate goals, focusing on financial, operational, and strategic results.

E

David B. Weinstock

CEO of Essent Group

Education

BS in accounting from The Pennsylvania State University

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Financial Services

Born

March 1, 1964 - 61 years ago

CEO of Essent Group for

2 years 8 months (Mar 2023 - Present)

Previous Experience

Interim Chief Financial Officer since June 28, 2022; Vice President and Chief Accounting Officer since 2009; Senior management positions at Advanta Corp.

Holdings

Track David B. Weinstock's stock holdings and portfolio value over time.

Total Stock Sold

$1.47M

ESNT

$1.47M

31,000 ESNT shares

What if they kept their stock?

If David B. Weinstock didn't sell their stock, today they would have:
Extra ESNT31,000 shares worth $1.92M.
This is 30.49% and $448.02K more than what they got when they sold the stock.

Insider Trading

David B. Weinstock's recent stock transactions, purchases, and sales filed with the SEC.

ESNT

$127.18K

ESNT at $63.59/share

Sep 18, 2024

Sale

ESNT

$111.22K

ESNT at $55.61/share

Jun 18, 2024

Sale

ESNT

$96.40K

ESNT at $48.20/share

Sep 27, 2023

Sale

ESNT

$103.76K

ESNT at $51.88/share

Aug 16, 2023

Sale

ESNT

$95.00K

ESNT at $47.50/share

Aug 6, 2021

Sale

ESNT

$99.66K

ESNT at $49.83/share

Apr 20, 2021

Sale

ESNT

$97.38K

ESNT at $48.69/share

Oct 15, 2019

Sale

ESNT

$96.60K

ESNT at $48.30/share

Sep 16, 2019

Sale

ESNT

$94.02K

ESNT at $47.01/share

Aug 16, 2019

Sale

ESNT

$95.74K

ESNT at $47.87/share

Jul 16, 2019

Sale

Rivals

Compare David B. Weinstock with competitor CEOs and industry peers.