David B. Weinstock is the Senior Vice President and Chief Financial Officer of Essent Group Ltd., having taken on this role in March 2023. His career spans over 25 years in finance, accounting, and controls, showing a solid track record in the financial industry. Before his promotion, Weinstock worked at Essent as the Vice President and Chief Accounting Officer since 2009. His prior experience includes senior management roles at Advanta Corp., where he held positions like Chief Accounting Officer and VP of Investor Relations. Weinstock’s educational background includes a BS in accounting from The Pennsylvania State University. Notably, in 2023, his total compensation reached over $1 million, with a combination of salary, performance bonuses, and other benefits. He has a reputation for making strategic decisions that align with corporate goals, showing a keen understanding of the financial landscape. Interestingly, his insider trading records reveal a consistent pattern of stock transactions, peaking in January 2024, showing confidence in his company’s trajectory. Overall, Weinstock exemplifies an executive dedicated to driving financial success and managing risk effectively.

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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 2 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.

Rivals

Competitors/colleagues of David B. Weinstock

Holdings

See how much did David B. Weinstock make over time.

As the Chief Financial Officer of Essent Group, David B. Weinstock navigates the complex world of finance with skill and insight. Since taking up his role in March 2023, he has shown strong confidence in the company, reflected in his consistent insider trading. In the past few years, starting from 2019 to 2023, data indicates significant fluctuations in his stock holdings. In 2019, transactions regularly exceeded $1 million monthly, indicating a significant stake in the company. Fast forward to 2023, near the end of the year, he engaged in trades valuing up to $1.72M in August. Such actions suggest a substantial commitment to his role at Essent. His wealth in holdings appears to have peaked in the first half of 2024, likely aligned with the company's performance metrics and his strategic vision. David's approach to stock trading reveals both confidence and a calculated response to market dynamics, making him a key figure in understanding Essent’s financial strategies.

Mar 18, 2025

ESNT @ $55.15

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 $934.03K.
This is -36.43% and $535.30K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of David B. Weinstock.

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

Compensation History

See how much did David B. Weinstock make over time.

In 2023, David B. Weinstock's total compensation reached about $1,002,575, combining his base salary, bonus, and other benefits. His salary alone was $375,000, complemented by a substantial performance bonus of $562,500, which rewarded him for exceeding company and individual objectives. The bonus was particularly impressive, as it reflected a payout of 150% of the target amount due to his notable performance. Beyond this, he also received $64,075 in other compensations, which included valuable financial planning assistance and contributions to his 401(k) plan. Notably, there were no stock awards vested or granted in 2023, reflecting a strategic focus on cash incentives rather than equity at this juncture. This compensation structure reflects the company's philosophy of aligning executive pay with its performance metrics, reflecting a balanced approach to rewarding leadership and fostering long-term growth.

Year

2023

Total Compensation

$1.00M

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

$64.08K

Board Justification

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

Restricted Stock

$0.00(0 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.

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Mark A. Casale

CEO of Essent Group

December 2013 - Invalid Date