Form 4: Enact Holdings EVP, CFO and Treasurer Dean Mitchell Hardin Reports Changes in Beneficial Ownership

Dean Mitchell Hardin, EVP, CFO and Treasurer of Enact Holdings, Inc., reports changes in beneficial ownership of common stock and restricted/performance stock units due to dividend reinvestments and tax withholding.

Summary

• On March 14, 2025, Dean Mitchell Hardin, EVP, CFO and Treasurer of Enact Holdings, Inc., reported changes in beneficial ownership.
• These changes involve common stock, restricted stock units (RSUs), and performance stock units (PSUs).
• 250 Performance Stock Units were acquired.
• 110 shares of common stock were disposed of to satisfy tax withholding obligations related to Performance Stock Units resulting from a dividend.
• 39, 68, and 83 Restricted Stock Units were acquired due to dividend reinvestment terms.
• The price of common stock for tax withholding was $33.4.
• Following these transactions, Mitchell Hardin Dean directly owns 104,375 shares of common stock, 250 Performance Stock Units, 6,976 RSUs vesting from February 9, 2024, 12,303 RSUs vesting from February 16, 2025, and 14,942 RSUs vesting from February 21, 2026.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transactions are routine and reflect standard compensation practices. The acquisition of additional RSUs through dividend reinvestment is a positive sign of management's continued investment in the company.

Positives

• The acquisition of additional restricted stock units through dividend reinvestment indicates a continued investment in the company's future.

Negatives

• The disposal of 110 shares to cover tax obligations, while routine, represents a slight decrease in direct common stock ownership.

Risks

• No specific risks are identified in this document.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing reflects standard compensation practices, including equity-based awards and dividend reinvestment.

Comparison to Industry Standards

• Equity compensation, including RSUs and PSUs, is a common practice among publicly traded companies to align management's interests with those of shareholders.
• Dividend reinvestment programs are also standard, allowing employees to increase their ownership stake over time.
• Tax withholding obligations arising from equity awards are a normal part of executive compensation.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments.
• The reporting provides transparency to shareholders regarding executive compensation and ownership.

Key Dates