Form 4: Enact Holdings Director John D. Fisk Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director John D. Fisk reports acquiring 132 deferred stock units of Enact Holdings, Inc. through dividend reinvestment.
Summary
- On September 9, 2024, John D. Fisk, a director of Enact Holdings, Inc., acquired 132 deferred stock units.
- These units were acquired through reinvestment of dividends paid on September 9, 2024, at a rate of $0.185 per share.
- The director now beneficially owns 24,994.605 deferred stock units.
- These deferred stock units become payable in shares of common stock one year after termination of service as a director.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (dividend reinvestment) by a company director, indicating stability and alignment of interests. It's a neutral to slightly positive signal.
Future Outlook
The deferred stock units will be converted to common stock one year after the director's service ends.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it shows the director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of transaction: Acquisition of deferred stock units and dividend payment date. |
| 09/11/2024 | Date of signature for the Form 4 filing. |
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