Form 4: Enact Holdings Director Addesso Reports Gift of Deferred Stock Units to Spouse
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
| Date | Description |
|---|---|
| 05/16/2025 | Date of transaction: Gift of deferred stock units |
| 05/20/2025 | Date of Form 4 filing |
Keywords
Form 4, Enact Holdings, Deferred Stock Units, Beneficial Ownership, Director, Addesso, ACT
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