Form 4: Enact Holdings CFO Increases Stake Through Restricted Stock Unit Dividend Reinvestment

Enact Holdings, Inc.'s Executive Vice President, CFO, and Treasurer, Mitchell Hardin Dean, acquired additional restricted stock units (RSUs) through a dividend reinvestment plan.

Summary

• Mitchell Hardin Dean, EVP, CFO, and Treasurer of Enact Holdings, Inc. (ACT), acquired a total of 209 additional Restricted Stock Units (RSUs) on June 11, 2025.
• These RSUs were acquired at a price of $0 per unit, pursuant to reinvestment terms in the restricted stock unit award agreement.
• The acquisition resulted from a quarterly dividend of $0.21 per share, paid on June 11, 2025.
• The acquired RSUs are part of three distinct grants, with 43 units added to an award that began vesting on February 9, 2024, 75 units to an award vesting from February 16, 2025, and 91 units to an award vesting from February 21, 2026.
• Following these transactions, Mr. Dean beneficially owns a total of 34,430 Restricted Stock Units (7,019 + 12,378 + 15,033 from the respective award types).

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates an increase in insider ownership and alignment with shareholder interests through a routine compensation mechanism.

Positives

• The acquisition of additional restricted stock units by a key executive like the CFO indicates continued alignment of management's interests with shareholders.
• The dividend reinvestment mechanism allows executives to increase their equity stake without direct cash outlay, reflecting confidence in the company's long-term value.

Future Outlook

The acquired Restricted Stock Units will vest and convert to Common Stock in three equal annual installments, with vesting beginning on February 9, 2024, February 16, 2025, and February 21, 2026, for the respective tranches.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends. It reflects an individual executive's equity compensation and investment activity within the company.

Related Party Transactions

• The acquisition of Restricted Stock Units by an executive (Mitchell Hardin Dean) from the issuer (Enact Holdings, Inc.) constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Increased alignment of the CFO's interests with shareholders due to higher equity ownership.
• Employees: No direct impact mentioned, but executive compensation practices can influence overall employee morale and retention.

Next Steps

• The acquired Restricted Stock Units will continue to vest in three equal annual installments on their respective schedules (February 9, 2024, February 16, 2025, and February 21, 2026).

Key Dates

Keywords

Enact Holdings, ACT, SEC Form 4, Insider Trading, Restricted Stock Units, RSU, Dividend Reinvestment, Executive Compensation, Mitchell Hardin Dean, CFO