Form 4: Enact Holdings Director Elizabeth Mitchell Acquires Deferred Stock Units

Director Elizabeth Mitchell acquired deferred stock units in Enact Holdings, Inc. as part of her director compensation.

Summary

• Elizabeth Mitchell, a director of Enact Holdings, Inc., acquired deferred stock units on May 14, 2025.
• The acquisitions were part of her director compensation.
• She acquired 838.404 deferred stock units based on a price of $33.646 per share and 4,752.852 deferred stock units based on a price of $35.768 per share.
• Following the transactions, Mitchell beneficially owns 5,591.256 deferred stock units.
• These units become payable in shares of common stock one year after termination of service as a director.

Sentiment

Score: 7

Explanation: The document is a routine disclosure of director compensation, which is generally viewed neutrally. The acquisition of stock units can be seen as a positive sign of alignment between the director and shareholders.

Positives

• The acquisition of deferred stock units aligns the director's interests with those of the shareholders.

Future Outlook

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

Industry Context

This is a standard practice for compensating board members in publicly traded companies.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash retainers, equity awards (like deferred stock units), and other benefits.
• The specific structure and value of these packages vary depending on the company's size, industry, and performance.
• Comparing Enact Holdings' director compensation to that of its peers in the mortgage insurance industry would provide a more detailed assessment of its competitiveness.

Stakeholder Impact

• The acquisition of deferred stock units by a director can positively influence shareholder confidence.

Key Dates

Keywords

Enact Holdings, Director, Deferred Stock Units, ACT, Compensation, Form 4