Form 4: Enact Holdings Director Receives Deferred Stock Units
Statement of Changes in Beneficial Ownership
Director Westley V. Thompson acquired 3,939.791 deferred stock units as part of his annual retainer fee.
Summary
- Director Westley V. Thompson was granted 3,939.791 deferred stock units (DSUs) on May 13, 2026.
- The grant represents a portion of the director's annual retainer fee.
- The units were valued at $43.149 per share.
- Following this transaction, the director holds a total of 34,645.248 deferred stock units.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Director compensation is aligned with shareholder interests through equity-based grants.
Negatives
- None identified.
Risks
- The value of the deferred stock units is subject to future fluctuations in the company's common stock price.
Future Outlook
The deferred stock units are payable in shares of common stock one year after the termination of the director's service.
Industry Context
StockSavvy.ai notes that this is a routine disclosure of director compensation, common among publicly traded companies to ensure board members maintain a long-term equity stake in the firm.
Comparison to Industry Standards
- The use of deferred stock units for director compensation is a standard corporate governance practice in the financial services and insurance sectors.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard component of director compensation packages.
Next Steps
- The director will receive the underlying common stock one year after their service as a director terminates.
Key Dates
| Date | Description |
|---|---|
| 05/13/2026 | Date of the transaction involving the acquisition of deferred stock units. |
| 05/15/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Enact Holdings, ACT, Form 4, Director Compensation, Insider Transaction, Deferred Stock Units
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