Form 4: Enact Holdings Director Expands DSU Holdings

Enact Holdings' Chairperson of the Board, Dominic James Addesso, acquired additional deferred stock units through dividend reinvestment.

Summary

• Dominic James Addesso, a Director and Chairperson of the Board at Enact Holdings, Inc. (ACT), acquired 289 Deferred Stock Units (DSUs).
• The acquisition occurred on December 11, 2025, and was a result of dividend reinvestment under the terms of a director award agreement.
• The dividend was paid at $0.21 per share.
• Following this transaction, Mr. Addesso directly beneficially owns 9,012.163 DSUs.
• He also indirectly beneficially owns 24,177 DSUs through the Deborah Addesso Exempt Irrevocable Trust and 20,650 DSUs through D.J. Addesso Holdings, LLC.
• These DSUs become payable in shares of Common Stock one year after the termination of his service as a director.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The transaction is a routine dividend reinvestment by a key insider, indicating continued alignment and confidence, which is generally positive but not a strong market signal.

Positives

• The acquisition of additional deferred stock units by a key insider, the Chairperson of the Board, demonstrates continued alignment of management interests with shareholder value.
• The reinvestment of dividends into company equity indicates confidence in the company's long-term prospects.

Negatives

• No specific negative points are indicated by this routine insider transaction filing.

Risks

• No specific risks are mentioned in this Form 4 filing, which primarily reports an insider transaction.

Future Outlook

The filing does not provide a future outlook for the company, focusing solely on an insider's equity transaction.

Industry Context

This routine insider transaction does not provide sufficient information to analyze broader industry trends or competitive positioning. It primarily reflects an individual director's equity holdings.

Related Party Transactions

• Indirect beneficial ownership of 24,177 Deferred Stock Units is held through the Deborah Addesso Exempt Irrevocable Trust f/b/o Dominic dated December 28, 2021.
• Indirect beneficial ownership of 20,650 Deferred Stock Units is held through D.J. Addesso Holdings, LLC.

Stakeholder Impact

• Shareholders: The transaction indicates continued alignment of a key director's interests with shareholders through increased equity holdings.
• Employees, Customers, Suppliers, Creditors: No direct impact is indicated by this filing.

Next Steps

• Deferred Stock Units will become payable in shares of Common Stock one year after the termination of Dominic James Addesso's service as a director.

Key Dates

Recommendation

This Form 4 reports a routine, pre-planned dividend reinvestment by a director, which is a positive sign of insider alignment but does not represent a significant new investment decision or provide new fundamental information to warrant a change in investment recommendation. It reinforces a 'hold' position for investors already in the stock.

Keywords

Enact Holdings, ACT, Insider Transaction, Form 4, Dominic James Addesso, Deferred Stock Units, DSU, Dividend Reinvestment, Corporate Governance, Director Holdings, 10b5-1 Plan