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 vesting of restricted stock units and subsequent tax withholding.
Summary
- On September 15, 2024, Brian Gould, EVP & Chief Operations Officer of Enact Holdings, had 25,347 restricted stock units vest.
- These units converted into shares of Enact Holdings common stock on a 1:1 basis.
- The company withheld 9,293 shares of common stock at a price of $36.1 to satisfy tax withholding obligations related to the vesting.
- Following these transactions, Gould directly owns 27,342 shares of Enact Holdings common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions, so the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The vesting of stock options and subsequent tax withholding may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 09/15/2021 | Grant date of the restricted stock units that vested. |
| 09/15/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 09/17/2024 | Date of signature on the Form 4 filing. |
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.