Form 4: Enact Holdings Director Acquires Additional DSUs

Enact Holdings Director Robert P. Restrepo Jr. acquired 165 deferred stock units through dividend reinvestment, increasing his beneficial ownership.

Summary

• Robert P. Restrepo Jr., a Director of Enact Holdings, Inc. (ACT), acquired 165 Deferred Stock Units (DSUs).
• The acquisition occurred on December 11, 2025, through reinvestment terms under a director award agreement.
• The DSUs were acquired from a dividend paid on December 11, 2025, at a rate of $0.21 per share.
• Following this transaction, Mr. Restrepo beneficially owns a total of 30,543.457 Deferred Stock Units.
• These Deferred Stock Units become payable in shares of Common Stock one year after the termination of service as a director.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as a director increasing their stake, even through dividend reinvestment, generally signals confidence in the company's future. It is a routine transaction and not a direct cash purchase, hence not a strong positive.

Positives

• The acquisition of additional Deferred Stock Units by a director, even through dividend reinvestment, indicates continued alignment of interests between management and shareholders.
• The reinvestment of dividends into company equity demonstrates confidence in the company's future performance.

Future Outlook

The acquired Deferred Stock Units will become payable in shares of Common Stock one year after the reporting person's termination of service as a director.

Industry Context

This is a routine insider transaction related to director compensation and dividend reinvestment, which is common across various industries for aligning director interests with company performance.

Stakeholder Impact

• Shareholders: The transaction reinforces alignment between the director's interests and shareholder value through increased equity ownership.

Next Steps

• The Deferred Stock Units will convert into shares of Common Stock one year after Robert P. Restrepo Jr. terminates his service as a director.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction involving the acquisition of Deferred Stock Units through dividend reinvestment. While it indicates continued director confidence, it is not a direct cash purchase and is a standard part of compensation. As such, it does not present new information significant enough to warrant a change in investment recommendation, suggesting a 'hold' position is appropriate based solely on this filing.

Keywords

Enact Holdings, ACT, Form 4, Insider Transaction, Deferred Stock Units, DSU, Director Ownership, Dividend Reinvestment