Form 4: Enact Holdings EVP Stolove's RSU Vesting, Tax Withholding

Enact Holdings' EVP, General Counsel, and Secretary, Evan Stolove, reported the vesting of restricted stock units and subsequent share withholding for tax obligations.

Summary

• Evan Stolove, EVP, General Counsel, and Secretary of Enact Holdings, Inc. (ACT), reported transactions on February 9, 2026.
• 3,170 restricted stock units (RSUs) vested and converted into common stock.
• 1,070 shares of common stock were withheld by the company at a price of $42.39 per share to cover tax withholding obligations related to the RSU vesting.
• Following these transactions, Evan Stolove beneficially owns 35,561 shares of Enact Holdings common stock directly.
• The restricted stock units vest and convert to common stock in three equal annual installments, beginning on February 9, 2024.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine compensation transaction for an executive and not indicative of significant positive or negative company performance or outlook.

Positives

• The vesting of restricted stock units represents a compensation event for the executive, aligning management's interests with shareholder value.

Negatives

• The sale of 1,070 shares, while for tax purposes, reduces the executive's direct ownership slightly.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions like RSU vesting and tax-related sales are common across industries and typically do not signal a change in company fundamentals or executive sentiment.

Comparison to Industry Standards

• StockSavvy.ai observes that the practice of withholding shares to cover tax obligations upon RSU vesting is a standard industry practice for executive compensation plans, consistent with practices at comparable publicly traded companies.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine compensation event.
• Employees: Reflects standard executive compensation practices.

Next Steps

• Future annual installments of Restricted Stock Units (if any remaining from other grants) will vest on their respective schedules.

Key Dates

Keywords

Enact Holdings, ACT, Evan Stolove, Form 4, SEC filing, insider transaction, restricted stock units, RSU vesting, tax withholding, executive compensation