Form 4: Enact Holdings Director Westley V Thompson Reports Acquisition of Deferred Stock Units

Director Westley V Thompson reports acquisition of deferred stock units in Enact Holdings, Inc. as part of annual retainer fee.

Summary

• On May 16, 2024, Westley V Thompson, a director of Enact Holdings, Inc., acquired 5,213.934 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 $30.687 per share of common stock.
• Following the transaction, Thompson beneficially owns 24,705.605 derivative securities.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard compensation practices. It doesn't suggest any immediate positive or negative implications for the company's financial health or stock performance.

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, common in corporate governance.

Stakeholder Impact

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

Key Dates