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 March 13, 2024, Westley V Thompson, a director of Enact Holdings, Inc., acquired 108 deferred stock units.
- These units were acquired through reinvestment terms under the director award agreement from a dividend paid on March 13, 2024, at $0.16 per share.
- Following the transaction, Thompson directly owns 19,491.671 deferred stock units.
- 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 sentiment is neutral as it reflects a routine transaction related to director compensation. There are no indications of positive or negative implications for the company's performance.
Future Outlook
The deferred stock units will be converted to common stock one year after Thompson's service as a director ends.
Industry Context
This filing is a routine disclosure related to director compensation and holdings, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares related to director compensation.
Key Dates
| Date | Description |
|---|---|
| 03/13/2024 | Date of transaction: Acquisition of deferred stock units and dividend payment date. |
| 03/15/2024 | Date of signature on the report. |
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.