Form 4: Enact Holdings Director Westley V Thompson Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Westley V Thompson reports acquisition of deferred stock units in Enact Holdings, Inc. through dividend reinvestment.
Summary
- On September 9, 2024, Westley V Thompson, 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 a rate of $0.185 per share.
- Thompson beneficially owns 24,994.605 deferred stock units following the transaction.
- The deferred stock units become payable in shares of common stock one year after termination of service as a director.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (dividend reinvestment) by a company director, indicating stable corporate governance and alignment of interests. It's a neutral to slightly positive signal.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The transaction signals continued director investment in the company, which can be viewed positively by shareholders.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of transaction and dividend payment |
| 09/11/2024 | Date of signature |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.