Form 4: Enact Holdings EVP Stolove Reports Stock Transactions
SEC Form 4 Filing
Evan Stolove, EVP, General Counsel & Secretary of Enact Holdings, reports the vesting and subsequent disposal of shares to cover tax obligations.
Summary
- On February 7, 2025, Evan Stolove, EVP, General Counsel & Secretary of Enact Holdings, Inc., had restricted stock units vest and convert to common stock.
- A total of 3,114 shares were acquired upon vesting.
- Simultaneously, 1,059 shares were disposed of at a price of $33.91 to satisfy tax withholding obligations.
- Following these transactions, Stolove directly owns 21,308 shares of Enact Holdings common stock and 3,099 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an executive, with no inherent positive or negative implications for the company's overall performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 02/09/2024 | Beginning of the three equal annual installments for Restricted Stock Units vesting. |
| 02/07/2025 | Date of transaction: vesting of restricted stock units and disposal of shares for tax obligations. |
| 02/11/2025 | Date of signature on the Form 4 filing. |
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