Form 4: Enact Holdings Director Acquires Deferred Stock Units

Director Robert P Restrepo Jr. acquired 108 deferred stock units of Enact Holdings, Inc. on March 13, 2024, through reinvestment terms under the director award agreement.

Summary

• On March 13, 2024, Robert P Restrepo Jr., a director of Enact Holdings, Inc., acquired 108 deferred stock units.
• These units were acquired through reinvestment terms under the director award agreement from a dividend paid on March 13, 2024, at $0.16 per share.
• The reporting person now beneficially owns 19,491.671 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 standard compensation practices.

Positives

• The director's acquisition of deferred stock units demonstrates continued alignment with the company's long-term success.

Future Outlook

The deferred stock units will be converted to common stock one year after the director's termination of service.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it demonstrates the director's continued investment in the company.

Key Dates