Form 4: Genworth Holdings Sells 561,977 Shares of Enact Holdings

Genworth Holdings, a major shareholder of Enact Holdings, sold 561,977 shares of common stock at a price of $34.5906 per share.

Summary

• Genworth Holdings, Inc. sold 561,977 shares of Enact Holdings, Inc. common stock on April 30, 2025.
• The sale was executed at a price of $34.5906 per share.
• The transaction was conducted under a Share Repurchase Agreement between Enact Holdings and Genworth Holdings dated May 1, 2024.
• Following the transaction, Genworth Holdings still owns 121,611,828 shares of Enact Holdings, representing approximately 81% of the outstanding shares.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a transaction without expressing positive or negative views. It's a factual disclosure of share sales.

Industry Context

This transaction reflects ongoing adjustments in the ownership structure of Enact Holdings, a player in the mortgage insurance industry. Genworth Holdings' continued majority ownership suggests a sustained strategic interest in Enact's performance.

Related Party Transactions

• The sale was conducted under a Share Repurchase Agreement between Enact Holdings and its major shareholder, Genworth Holdings, indicating a related party transaction.

Stakeholder Impact

• The sale of shares by a major shareholder could potentially influence investor sentiment and trading activity in Enact Holdings.
• The share repurchase agreement impacts Enact Holdings' cash position and outstanding share count.

Key Dates

Keywords

Enact Holdings, Genworth Holdings, Share Repurchase Agreement, Form 4, Sale of Shares, Beneficial Ownership, ACT