Form 4: Enact Director Boosts Stake via Dividend Reinvestment

Enact Holdings, Inc. Director Robert P. Restrepo Jr. acquired 162 deferred stock units through dividend reinvestment on March 19, 2026.

Summary

• Director Robert P. Restrepo Jr., who is also a 10% owner of Enact Holdings, Inc. (ACT), acquired 162 Deferred Stock Units (DSUs).
• The acquisition occurred on March 19, 2026, as a result of dividend reinvestment at a rate of $0.21 per share.
• These DSUs are scheduled to become payable in shares of Common Stock one year after Mr. Restrepo's termination of service as a director.
• Following this transaction, Mr. Restrepo's beneficial ownership of derivative securities stands at 30,705.457 Deferred Stock Units.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as an insider is increasing their stake, albeit through a routine dividend reinvestment, indicating continued alignment and confidence in the company's long-term prospects.

Positives

• An insider (Director and 10% Owner) increased their beneficial ownership in the company, which can signal confidence in future performance.
• The acquisition was through dividend reinvestment, indicating a long-term holding strategy for the director's compensation and alignment with shareholder interests.

Future Outlook

The filing does not contain explicit forward-looking statements or guidance, as it is a report of a past insider transaction.

Industry Context

StockSavvy.ai notes that insider purchases, even small ones like those resulting from dividend reinvestment, are often viewed positively by the market as they align management's interests with shareholders. This transaction reflects a routine compensation mechanism for directors.

Comparison to Industry Standards

• This transaction represents a standard mechanism for director compensation and dividend reinvestment, which is common practice across publicly traded companies. It does not provide specific performance metrics for direct comparison to industry peers or projects.

Stakeholder Impact

• Shareholders: The transaction increases the alignment of a director's financial interests with those of the shareholders, potentially fostering greater confidence in management's commitment to long-term value creation.

Next Steps

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

Key Dates

Recommendation

The filing details a routine insider transaction where a director acquired additional deferred stock units through dividend reinvestment. While this indicates continued alignment of interests, it is not a significant open-market purchase that would warrant a change in investment recommendation. The transaction is part of standard director compensation and does not provide new fundamental information to alter the investment thesis.

Keywords

Enact Holdings, ACT, Insider Trading, Form 4, Director Stock Acquisition, Deferred Stock Units, Dividend Reinvestment, Robert P. Restrepo Jr.