Form 4: Enact Holdings Director Dominic James Addesso Reports Acquisition of Deferred Stock Units

Dominic James Addesso, Chairperson of the Board at Enact Holdings, reports acquiring 232 deferred stock units and holding a total of 44,342.357 units.

Summary

• On September 9, 2024, Dominic James Addesso, Chairperson of the Board at Enact Holdings, acquired 232 deferred stock units.
• These units were acquired under the director award agreement from a dividend paid on September 9, 2024, at $0.185 per share.
• The deferred stock units become payable in shares of Common Stock one year after termination of service as a director.
• Following the transaction, Addesso directly owns 44,342.357 deferred stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects a standard transaction of deferred stock units acquisition by a director, indicating continued alignment with the company's performance.

Future Outlook

The deferred stock units will be converted to common stock one year after termination of service as a director.

Industry Context

This filing is a routine disclosure of stock unit acquisition by a company director, common in publicly traded companies to comply with SEC regulations.

Stakeholder Impact

• The acquisition of deferred stock units by a director signals continued alignment of interests between the director and shareholders.

Key Dates