Form 4: Enact Holdings Director Sheila Hooda Reports Acquisition of Deferred Stock Units

Director Sheila Hooda reports acquisition of deferred stock units in Enact Holdings, Inc. through dividend reinvestment.

Summary

• On September 9, 2024, Sheila Hooda, 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 $0.185 per share under the director award agreement.
• The deferred stock units become payable in shares of common stock one year after termination of service as a director.
• Following the transaction, Hooda beneficially owns 24,994.605 deferred stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (dividend reinvestment) and doesn't indicate any significant positive or negative sentiment. It's a neutral disclosure required by regulations.

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 minimal direct impact on stakeholders as it involves a small number of deferred stock units acquired through dividend reinvestment.

Key Dates