Form 4: Enact Holdings EVP, CFO and Treasurer Dean Mitchell Hardin Reports Stock Transactions
SEC Form 4 Filing
Dean Mitchell Hardin, EVP, CFO and Treasurer of Enact Holdings, Inc., reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On February 7, 2025, Dean Mitchell Hardin, EVP, CFO and Treasurer of Enact Holdings, Inc., had 6,952 restricted stock units vest and convert into common stock.
- The company withheld 2,172 shares of common stock at a price of $33.91 to satisfy tax withholding obligations related to the vesting.
- Following these transactions, Mitchell directly owns 67,773 shares of common stock and 6,937 restricted stock units.
- The restricted stock units vest in three equal annual installments beginning on February 9, 2024.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting standard executive compensation practices, so the sentiment is neutral.
Industry Context
This is a standard Form 4 filing, reflecting changes in beneficial ownership by a company insider. It's a routine part of executive compensation and doesn't necessarily indicate a change in the company's prospects.
Stakeholder Impact
- The vesting of restricted stock units has a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/09/2024 | Beginning of the three equal annual installments for vesting of Restricted Stock Units |
| 02/07/2025 | Date of transaction: Vesting of restricted stock units and tax withholding |
| 02/11/2025 | Date of signature on the Form 4 filing |
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