Form 4: Enact Holdings Director Acquires Deferred Stock Units

Enact Holdings Director Sheila Hooda acquired 168 deferred stock units through dividend reinvestment, increasing her beneficial ownership.

Summary

• Sheila Hooda, a Director of Enact Holdings, Inc. (ACT), acquired 168 Deferred Stock Units (DSUs).
• The acquisition occurred on September 8, 2025, through the reinvestment of a dividend paid at $0.21 per share.
• Following this transaction, Ms. Hooda beneficially owns 30,378.457 Deferred Stock Units.
• These DSUs convert into shares of Common Stock one year after her termination of service as a director.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged trading plan.

Sentiment

Score: 7

Explanation: The filing indicates a routine insider acquisition of equity through dividend reinvestment, which is generally viewed as a positive sign of continued alignment between management and shareholder interests, without introducing new risks or significant changes.

Positives

• Director Sheila Hooda increased her beneficial ownership in Enact Holdings, Inc. by acquiring 168 Deferred Stock Units.
• The acquisition through dividend reinvestment demonstrates continued participation and alignment of interests with shareholders.

Future Outlook

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

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders through equity ownership.

Next Steps

• Deferred Stock Units will convert into Common Stock one year after Sheila Hooda's termination of service as a director.

Key Dates

Recommendation

This Form 4 reports a routine acquisition of deferred stock units by a director through dividend reinvestment, which is a common practice for director compensation and equity accumulation. It does not present new information that would significantly alter the investment thesis for Enact Holdings, Inc., thus a 'hold' recommendation is appropriate.

Keywords

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