Form 4: Enact Holdings EVP Brian Gould Reports Stock Transactions
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
| Date | Description |
|---|---|
| February 11, 2022 | Date Performance Stock Units were granted. |
| February 24, 2025 | Date of stock transactions (acquisition and disposal) and PSU vesting. |
| February 26, 2025 | Date of Form 4 signature. |
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