Form 4: Enact Holdings Director Increases Stake Through Dividend Reinvestment

Dominic James Addesso, a Director and Chairperson of the Board at Enact Holdings, Inc., acquired additional Deferred Stock Units (DSUs) through dividend reinvestment, increasing his beneficial ownership.

Summary

• Dominic James Addesso, a Director and Chairperson of the Board of Enact Holdings, Inc. (ACT), acquired 323 Deferred Stock Units (DSUs) on June 11, 2025.
• These DSUs were acquired at a price of $0, pursuant to reinvestment terms under a director award agreement from a dividend paid on June 11, 2025, at $0.21 per share.
• Following this transaction, Mr. Addesso directly beneficially owns 8,431.163 DSUs.
• Additionally, Mr. Addesso indirectly beneficially owns 20,650 DSUs through D.J. Addesso Holdings, LLC and 24,177 DSUs through Deborah Addesso.
• Deferred Stock Units become payable in shares of Common Stock one year after the termination of service as a director.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates a director's continued accumulation of company equity, albeit through a non-discretionary dividend reinvestment.

Positives

• The acquisition of additional Deferred Stock Units by a director, even through dividend reinvestment, can signal continued confidence in the company's future performance and dividend policy.
• The increase in beneficial ownership by a key board member aligns their interests further with those of shareholders.

Future Outlook

Deferred Stock Units held by the director will become payable in shares of Common Stock one year after the termination of their service as a director.

Industry Context

This Form 4 filing represents a routine insider transaction related to compensation and dividend reinvestment, common across publicly traded companies where directors receive equity-based awards and participate in dividend reinvestment plans.

Related Party Transactions

• Indirect beneficial ownership of Deferred Stock Units is held through D.J. Addesso Holdings, LLC and Deborah Addesso, indicating related party holdings.

Stakeholder Impact

• Shareholders may view the director's increased equity stake as a positive sign of alignment between management and shareholder interests.

Next Steps

• The Deferred Stock Units will convert to common stock shares one year after the director's termination of service.

Key Dates

Keywords

Enact Holdings, ACT, Form 4, Insider Transaction, Deferred Stock Units, Dividend Reinvestment, Director Ownership, Corporate Governance