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

Sentiment:

SEC Form 4 Filing


Director Sheila Hooda reports acquiring deferred stock units in Enact Holdings, Inc. as part of her annual retainer fee.

Summary

  • On May 14, 2025, Sheila Hooda, a director of Enact Holdings, Inc., acquired 4,752.852 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 $35.768 per share of common stock.
  • Following the transaction, Hooda beneficially owns 30,024.457 deferred stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a standard compensation practice for a company director. There are no indications of negative implications.

Future Outlook

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

Industry Context

This filing is a routine disclosure of stock unit acquisition by a company director, which is a common practice in corporate governance and executive compensation.

Stakeholder Impact

  • The acquisition of deferred stock units by a director aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
05/14/2025Date of transaction: Sheila Hooda acquired deferred stock units.
05/16/2025Date of signature on the report.

Keywords

Form 4, Enact Holdings, Deferred Stock Units, Director, Sheila Hooda, ACT, Retainer Fee

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