Form 4: Enact Holdings EVP, CFO and Treasurer Dean Mitchell Hardin Reports Stock Transactions
SEC Form 4
Dean Mitchell Hardin, EVP, CFO and Treasurer of Enact Holdings, Inc., reports the acquisition and disposal of common stock and restricted stock units on February 18, 2025.
Summary
- On February 18, 2025, Dean Mitchell Hardin, the EVP, CFO, and Treasurer of Enact Holdings, Inc., engaged in transactions involving the company's stock.
- Hardin exercised 6,120 restricted stock units (RSUs) which converted into common stock.
- The company withheld 1,757 shares of common stock to cover tax obligations related to the vesting of the RSUs.
- Following these transactions, Hardin directly owns 77,488 shares of Enact Holdings, Inc. common stock and 12,235 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, and is a standard practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of outstanding shares.
- The transactions directly affect the reporting person's holdings in the company.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Closing price used to calculate tax withholding for vested RSUs. |
| 02/16/2025 | Date of RSU vesting. |
| 02/18/2025 | Date of stock transactions (exercise of RSUs and tax withholding). |
| 02/19/2025 | Date of signature on the Form 4 filing. |
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