Form 4: Enact Holdings EVP Stolove Reports Stock Transactions
SEC Form 4 Filing
Evan Stolove, EVP, General Counsel & Secretary of Enact Holdings, Inc., reports the vesting and sale of restricted stock units to cover tax obligations.
Summary
- On February 11, 2025, Evan Stolove, EVP, General Counsel & Secretary of Enact Holdings, Inc., had restricted stock units vest and convert to common stock.
- A total of 3,532 shares were acquired upon vesting of the restricted stock units.
- Simultaneously, 1,039 shares were sold at a price of $33.79 to cover tax withholding obligations.
- Following these transactions, Stolove directly owns 23,801 shares of Enact Holdings, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors regarding insider activity. It is a standard practice for publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related sales.
Key Dates
| Date | Description |
|---|---|
| 02/11/2023 | Beginning date of the three equal annual installments for Restricted Stock Units vesting and conversion to Common Stock. |
| 02/11/2025 | Date of transaction: vesting of restricted stock units and sale of shares for tax obligations. |
| 02/13/2025 | Date of signature on the Form 4 filing. |
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