Form 4: Enact Holdings EVP, Gen. Counsel & Secretary Stolove Reports Acquisition of Restricted Stock Units

Evan Stolove, EVP, Gen. Counsel & Secretary of Enact Holdings, reports the acquisition of 5,944 restricted stock units convertible to common stock.

Summary

• On February 21, 2025, Evan Stolove, the EVP, Gen. Counsel & Secretary of Enact Holdings, Inc. [ACT], acquired 5,944 restricted stock units (RSUs) that will settle into shares of Issuer common stock on a 1:1 basis.
• These RSUs vest and convert to Common Stock in three equal annual installments beginning on February 21, 2026.
• Following the transaction, Stolove directly owns 5,944 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating a grant of restricted stock units, which is a common practice for executive compensation. It doesn't inherently signal positive or negative performance.

Positives

• The acquisition of restricted stock units by a company executive can be seen as a positive sign, aligning the executive's interests with those of the shareholders.

Future Outlook

The restricted stock units will vest in three equal annual installments beginning on February 21, 2026.

Industry Context

This is a standard SEC Form 4 filing, reporting a change in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholders as it aligns the executive's interests with the company's long-term performance.

Key Dates