Form 4: Enact Director Boosts Holdings via Dividend Reinvestment

Enact Holdings, Inc. Director Michael A. Bless acquired 142 additional deferred stock units through dividend reinvestment.

Summary

• Michael A. Bless, a Director at Enact Holdings, Inc. (ACT), acquired 142 additional Deferred Stock Units (DSUs).
• The acquisition occurred on December 11, 2025, through the reinvestment of a dividend paid at $0.21 per share, as per the director award agreement.
• Following this transaction, Michael A. Bless beneficially owns a total of 26,492.538 Deferred Stock Units.
• These Deferred Stock Units are scheduled to become payable in shares of Common Stock one year after the termination of service as a director.

Sentiment

Score: 6

Explanation: The acquisition of additional deferred stock units by a director, even through dividend reinvestment, is a minor positive signal, indicating continued alignment of interests with shareholders and confidence in the company's future.

Positives

• A director increasing their beneficial ownership, even through automatic dividend reinvestment, can signal continued confidence in the company's long-term prospects.

Future Outlook

Deferred Stock Units held by the director will become payable in shares of Common Stock one year after the termination of service as a director.

Industry Context

This is a routine insider transaction related to director compensation and dividend policy, not directly indicative of broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The director's increased stake, albeit small and through a compensation mechanism, aligns their interests further with long-term shareholder value.

Next Steps

• Deferred Stock Units will convert to common stock shares one year after the director's termination of service.

Key Dates

Keywords

Enact Holdings, ACT, Michael A. Bless, Form 4, Deferred Stock Units, Director Compensation, Insider Transaction, Dividend Reinvestment