Form 4: Enact Holdings Director Sheila Hooda Reports Acquisition of Deferred Stock Units
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
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Sheila Hooda acquired deferred stock units. |
| 05/16/2025 | Date of signature on the report. |
Keywords
Form 4, Enact Holdings, Deferred Stock Units, Director, Sheila Hooda, ACT, Retainer Fee
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