Form 4: Enact Holdings Director Sheila Hooda Acquires Deferred Stock Units

Director Sheila Hooda acquired 108 deferred stock units of Enact Holdings, Inc. on March 13, 2024, through dividend reinvestment.

Summary

• On March 13, 2024, Sheila Hooda, a director of Enact Holdings, Inc., acquired 108 deferred stock units.
• These units were acquired through reinvestment terms under the director award agreement from a dividend paid on March 13, 2024.
• The price of the dividend was $0.16 per share.
• Following the transaction, Ms. Hooda directly owns 19,491.671 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: 6

Explanation: The sentiment is neutral as it reflects a routine transaction by a company director. It indicates confidence but isn't a major event.

Future Outlook

The deferred stock units will become payable in shares of Common Stock one year after termination of service as a director.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like directors, make transactions in their company's stock. This filing indicates a director's continued investment in the company.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reflects the director's ongoing investment in the company, which can be viewed positively by shareholders.

Key Dates