Form 4: Enact Holdings Director Addesso Reports Gift of Deferred Stock Units to Spouse

Sentiment:

SEC Filing


Director Dominic James Addesso of Enact Holdings, Inc. reports gifting deferred stock units to his spouse, Deborah Addesso, in a transaction dated May 16, 2025.

Summary

  • On May 16, 2025, Dominic James Addesso, a director of Enact Holdings, Inc., gifted 24,177 deferred stock units to his spouse, Deborah Addesso.
  • These deferred stock units convert to common stock and become payable one year after Addesso's termination of service as a director.
  • The transaction was reported on Form 4, filed with the SEC on May 20, 2025.
  • Following the transaction, Dominic James Addesso directly owns 8,108.163 deferred stock units and indirectly owns 24,177 deferred stock units through his spouse.

Sentiment

Score: 5

Explanation: The document is a neutral report of a transaction. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

Industry Context

This filing is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect broader industry trends.

Related Party Transactions

  • The gift of deferred stock units from Dominic James Addesso to his spouse, Deborah Addesso, constitutes a related party transaction.

Stakeholder Impact

  • The transaction has minimal direct impact on stakeholders as it is a transfer of ownership between related parties and does not affect the company's operations or financial condition.

Key Dates

DateDescription
05/16/2025Date of transaction: Gift of deferred stock units
05/20/2025Date of Form 4 filing

Keywords

Form 4, Enact Holdings, Deferred Stock Units, Beneficial Ownership, Director, Addesso, ACT

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