Form 4: Enact Holdings Director John D. Fisk Reports Acquisition of Deferred Stock Units

Director John D. Fisk reports acquisition of deferred stock units in Enact Holdings, Inc. as part of annual retainer fee.

Summary

• On May 16, 2024, John D. Fisk, a director of Enact Holdings, Inc., acquired 5,213.934 deferred stock units.
• These units are payable in shares of Common Stock one year after termination of service as a director.
• The acquisition was part of the reporting person's annual retainer fee.
• The price was based on $30.687 per share of Common Stock.
• Following the transaction, Fisk beneficially owns 24,705.605 derivative securities.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of director's compensation in the form of deferred stock units.

Positives

• The acquisition of deferred stock units aligns the director's interests with the long-term performance of the company.

Future Outlook

Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of deferred stock units by a director can reassure shareholders that management's interests are aligned with theirs.

Key Dates