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 September 15, 2024, Dean Mitchell Hardin, the EVP, CFO, and Treasurer of Enact Holdings, Inc., had 50,686 restricted stock units vest.
- These units converted into shares of common stock on a 1:1 basis.
- Enact Holdings withheld 22,277 shares of common stock to cover tax obligations related to the vesting.
- The price per share for the tax withholding was $36.1.
- Following these transactions, Mitchell Hardin Dean directly owns 62,993 shares of Enact Holdings, Inc. common stock.
- The restricted stock units vested on the third anniversary of the grant date, September 15, 2021.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and tax obligations, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders reporting transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 09/15/2021 | Grant date of the restricted stock units. |
| 09/15/2024 | Date of restricted stock unit vesting and tax withholding. |
| 09/17/2024 | Date of signature on the Form 4 filing. |
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