Form 4: Enact Holdings Director Acquires Additional Deferred Stock Units
SEC Form 4 Filing
Director Robert P Restrepo Jr. acquired additional deferred stock units in Enact Holdings, Inc. through dividend reinvestment.
Summary
- Robert P Restrepo Jr., a director of Enact Holdings, Inc., acquired 157 deferred stock units on June 13, 2024.
- These units were acquired through dividend reinvestment under the director award agreement.
- The dividend was paid on June 13, 2024, at a rate of $0.185 per share.
- Following the transaction, Restrepo directly owns 24,862.605 deferred stock units.
- These deferred stock units become payable in shares of common stock one year after termination of service as a director.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects a director's continued investment in the company through dividend reinvestment, which is generally seen as a good sign.
Positives
- The acquisition of deferred stock units through dividend reinvestment demonstrates the director's continued investment in the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of transaction and dividend payment |
| 06/17/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.