Form 4: Enact Holdings Director Bless Acquires Deferred Stock Units

Director Michael A. Bless acquired deferred stock units in Enact Holdings, Inc. representing a portion of his annual retainer fee.

Summary

• On May 14, 2025, Michael A. Bless, a director of Enact Holdings, Inc., acquired 4,752.852 deferred stock units.
• These units represent a portion of his annual retainer fee.
• The price per share used to calculate the number of units was $35.768.
• The deferred stock units become payable in shares of common stock one year after termination of service as a director.
• Following the transaction, Bless beneficially owns 26,044.538 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects standard insider activity related to compensation, indicating alignment of interests between the director and the company's performance.

Positives

• The acquisition of deferred stock units by a director aligns his interests with the long-term performance of the company.
• The deferred nature of the units incentivizes continued service and commitment to Enact Holdings.

Future Outlook

The deferred stock units will become payable in shares of common stock one year after termination of service as a director.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for maintaining investor confidence.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates

Keywords

Enact Holdings, Director, Deferred Stock Units, Form 4, ACT, Michael A. Bless, Retainer Fee, Beneficial Ownership