Form 4: Enact Holdings EVP Brian Gould Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Brian Gould, EVP & Chief Operations Officer of Enact Holdings, reports the acquisition and disposal of common stock related to performance stock units.

Summary

  • On February 24, 2025, Brian Gould, EVP & Chief Operations Officer of Enact Holdings, engaged in transactions involving Enact Holdings, Inc. [ACT] common stock.
  • Gould acquired 17,236 shares of common stock through the settlement of Performance Stock Units (PSUs) granted on February 11, 2022.
  • Concurrently, Gould disposed of 4,947 shares to satisfy tax withholding obligations at a price of $33.23 per share.
  • Following these transactions, Gould directly owns 44,692 shares of Enact Holdings common stock and 17,236 Performance Stock Units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects routine transactions related to executive compensation. The vesting of PSUs suggests positive performance, but the stock disposal for tax purposes is a standard procedure.

Positives

  • The vesting of Performance Stock Units indicates that performance targets were likely met, which is a positive signal.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates the vesting of performance-based compensation.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity compensation.

Key Dates

DateDescription
February 11, 2022Date Performance Stock Units were granted.
February 24, 2025Date of stock transactions (acquisition and disposal) and PSU vesting.
February 26, 2025Date of Form 4 signature.

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