Form 4: Enact Holdings Director Addesso Reports Changes in Beneficial Ownership

Dominic James Addesso, a director at Enact Holdings, reported the acquisition of deferred stock units and a gift of these units to a trust controlled by him.

Summary

• On May 15, 2025, Dominic James Addesso, a director of Enact Holdings, Inc., reported changes in his beneficial ownership of the company's securities.
• Addesso acquired 3,650 deferred stock units, which will be payable in common stock one year after his termination of service as a director.
• He also gifted 3,650 deferred stock units to his spouse, Deborah Addesso, as Trustee of the Dominic Addesso Exempt Irrevocable Trust dated December 28, 2021.
• The trust then assigned the deferred stock units to D.J. Addesso Holdings, LLC, a limited liability company controlled by Addesso.
• Following these transactions, Addesso directly owns 32,285.163 deferred stock units and indirectly owns 20,650 deferred stock units through D.J. Addesso Holdings, LLC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.

Related Party Transactions

• The gift of deferred stock units to Deborah Addesso, the reporting person's spouse, as Trustee of the Dominic Addesso Exempt Irrevocable Trust, is a related party transaction.
• The subsequent assignment of these units to D.J. Addesso Holdings, LLC, a limited liability company controlled by the reporting person, is also a related party transaction.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key company director.
• The transactions themselves are unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

Form 4, beneficial ownership, deferred stock units, Enact Holdings, director, Addesso, ACT