Form 4: Enact Holdings Director Anne G. Waleski Reports Acquisition of Deferred Stock Units

Director Anne G. Waleski reports acquisition of deferred stock units in Enact Holdings, Inc. as part of annual retainer fee.

Summary

• On May 16, 2024, Anne G. Waleski, a director of Enact Holdings, Inc., acquired 5,213.934 deferred stock units.
• These units are payable in shares of common stock one year after termination of service as a director.
• The acquisition represents a portion of the reporting person's annual retainer fee.
• The price per share of common stock used to calculate the number of deferred stock units was $30.687.
• Following the transaction, Waleski beneficially owns 24,705.605 deferred stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating stability and alignment of interests. It's a neutral to slightly positive signal.

Positives

• The acquisition of deferred stock units aligns the director's interests with the long-term performance of the company.
• The transaction reflects ongoing compensation practices for board members.

Future Outlook

The deferred stock units will be converted to common stock one year after the director's service ends.

Industry Context

This filing is a routine disclosure of a director's compensation in the form of deferred stock units, which is a common practice in publicly traded companies to align the interests of board members with those of shareholders.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director compensation with company performance.

Key Dates