Form 4: Enact Holdings EVP Evan Stolove Reports Stock Transactions
SEC Form 4 Filing
Evan Stolove, EVP, General Counsel & Secretary of Enact Holdings, Inc., reports the vesting and subsequent tax withholding of shares related to restricted stock units.
Summary
- On September 15, 2024, Evan Stolove, EVP, General Counsel & Secretary of Enact Holdings, Inc., had 25,347 restricted stock units vest.
- These units, granted on September 15, 2021, vested on the third anniversary of the grant date.
- The vested units settled into shares of Issuer common stock on a 1:1 basis.
- Enact Holdings withheld 10,490 shares of common stock to satisfy tax withholding obligations at a price of $36.1 per share.
- Following these transactions, Stolove directly owns 19,253 shares of Enact Holdings common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates routine compensation and tax-related activities.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the vesting of previously granted equity compensation.
- Employees may be interested in the details of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/15/2021 | Grant date of the restricted stock units. |
| 09/15/2024 | Vesting date of the restricted stock units and subsequent tax withholding. |
| 09/17/2024 | Date of Form 4 filing. |
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