Form 4: Enact Holdings Director Acquires Additional Deferred Stock Units Through Dividend Reinvestment

Enact Holdings, Inc. Director Elizabeth H. Mitchell acquired 35 additional deferred stock units through a dividend reinvestment plan, increasing her beneficial ownership to 5,626.256 units.

Summary

• Elizabeth H. Mitchell, a Director and 10% Owner of Enact Holdings, Inc. (ACT), acquired 35 additional Deferred Stock Units.
• The acquisition occurred on June 11, 2025.
• These units were acquired pursuant to reinvestment terms under a director award agreement, stemming from a dividend paid on June 11, 2025, at $0.21 per share.
• Following this transaction, Ms. Mitchell beneficially owns 5,626.256 Deferred Stock Units.
• These Deferred Stock Units are convertible into shares of Common Stock one year after the termination of her service as a director.

Sentiment

Score: 6

Explanation: Slightly positive as it indicates a director increasing their stake, albeit through a routine compensation mechanism (dividend reinvestment), which suggests continued alignment with shareholder interests.

Positives

• Director Elizabeth H. Mitchell increased her beneficial ownership in Enact Holdings, Inc. by acquiring additional deferred stock units.
• The acquisition was part of a dividend reinvestment plan, indicating a standard process for director compensation and share accumulation.

Future Outlook

The document indicates that the acquired Deferred Stock Units will become payable in shares of Common Stock one year after the termination of service as a director, outlining a future conversion event tied to the director's tenure.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically a director's acquisition of deferred stock units through a dividend reinvestment plan. It does not provide broader industry context or trends, as it focuses solely on an individual's ownership changes within Enact Holdings, Inc.

Related Party Transactions

• The acquisition of 35 Deferred Stock Units by Director Elizabeth H. Mitchell through a dividend reinvestment plan is a related party transaction, as it involves a company insider.

Stakeholder Impact

• Shareholders: The director's increased beneficial ownership, even through a routine mechanism, aligns her interests with those of other shareholders.

Next Steps

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

Key Dates

Keywords

Enact Holdings, ACT, SEC Form 4, Insider Trading, Director Compensation, Deferred Stock Units, Dividend Reinvestment, Elizabeth H. Mitchell, Beneficial Ownership