Form 4: Enact Holdings Director Acquires Deferred Stock Units

Dominic James Addesso, a director at Enact Holdings, acquired deferred stock units representing a portion of his annual retainer fee.

Summary

• On May 14, 2025, Dominic James Addesso, a director of Enact Holdings, Inc., acquired 8,107.806 deferred stock units.
• These units represent a portion of his annual retainer fee.
• The price was based on $35.768 per share of Common Stock.
• The deferred stock units become payable in shares of Common Stock one year after termination of service as a director.
• Following the transaction, Addesso directly owns 35,935.163 deferred stock units and indirectly owns 17,000 deferred stock units through D.J. Addesso Holdings, LLC.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director's compensation in the form of deferred stock units. It doesn't indicate any significant positive or negative development for the company.

Positives

• The acquisition of deferred stock units by a director signals confidence in the company's future performance.

Future Outlook

The deferred stock units will be converted to common stock one year after Addesso's service as a director ends, indicating a long-term alignment of interests.

Industry Context

Form 4 filings are routine disclosures of insider transactions and are common in the financial industry. This particular filing indicates compensation in the form of stock units, aligning director interests with shareholder value.

Stakeholder Impact

• The acquisition of deferred stock units aligns the director's interests with those of the shareholders, as the value of the units is tied to the company's stock performance.

Key Dates

Keywords

Enact Holdings, Director, Dominic James Addesso, Deferred Stock Units, Form 4, Beneficial Ownership, Retainer Fee