Form 4: Enact Director Sheila Hooda Acquires DSUs

Enact Holdings, Inc. Director Sheila Hooda acquired 162 Deferred Stock Units through dividend reinvestment, increasing her beneficial ownership to 30,705.457 units.

Summary

• Sheila Hooda, a Director of Enact Holdings, Inc. (ACT), acquired 162 Deferred Stock Units (DSUs) on March 19, 2026.
• The acquisition was a result of dividend reinvestment, with the dividend paid at $0.21 per share.
• Following this transaction, Hooda's beneficial ownership of Deferred Stock Units totals 30,705.457.
• These DSUs are scheduled to become payable in shares of Common Stock one year after her termination of service as a director.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, as it represents a routine compensation mechanism and dividend reinvestment, which increases a director's stake in the company.

Positives

• A director is increasing their beneficial ownership in the company, which can signal confidence in the company's long-term prospects, even if through a routine compensation mechanism.

Future Outlook

The Deferred Stock Units acquired will become payable in shares of Common Stock one year after the director's termination of service, indicating a future conversion event tied to employment status.

Industry Context

StockSavvy.ai notes that insider transactions, even those related to compensation or dividend reinvestment, are routinely disclosed to ensure transparency in executive holdings. This particular transaction reflects a standard mechanism for director compensation and dividend reinvestment rather than an open market purchase, which is common across publicly traded companies.

Comparison to Industry Standards

• This transaction is a routine director compensation and dividend reinvestment event, common across publicly traded companies. For example, directors at companies like MGIC Investment Corporation (MTG) or Radian Group Inc. (Radian) often receive equity-based compensation, including DSUs, and participate in dividend reinvestment plans, aligning their interests with shareholders. The structure of DSUs vesting post-service is a common retention and long-term alignment strategy.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders due to higher equity ownership.

Next Steps

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

Key Dates

Recommendation

This Form 4 details a routine acquisition of Deferred Stock Units by a director through dividend reinvestment, which is a standard compensation practice and does not provide new material information to warrant a change in investment recommendation. It reflects ongoing director alignment but no significant operational or financial shifts.

Keywords

Enact Holdings, ACT, Sheila Hooda, Form 4, Insider Trading, Deferred Stock Units, DSU, Director Compensation, Dividend Reinvestment