Genworth Holdings, Inc. - May 31, 2024 Form 4 Insider Report for Enact Holdings, Inc. (ACT)

Role
10%+ Owner
Signature
/s/ Lisa J. Baldyga, Vice President and Treasurer on behalf of Genworth Holdings, Inc.
Stock symbol
ACT
Transactions as of
May 31, 2024
Transactions value $
-$13,123,178
Form type
4
Date filed
6/3/2024, 04:16 PM
Previous filing
May 1, 2024
Next filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACT Common Stock Sale -$13.1M -423K -0.33% $31.03 128M May 31, 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Share Repurchase Agreement between Enact Holdings, Inc. (the "Issuer") and Genworth Holdings, Inc. dated as of August 1, 2023 (the "Agreement"). A copy of the Agreement can be found as exhibit 10.1 to the Issuer's Form 10-Q for the quarterly period ended June 30, 2023, on the SEC's website at: https://www.sec.gov/Archives/edgar/data/1823529/000182352923000158/enact-genworthrepurchaseag.htm.
F2 Represents a price per share determined pursuant to the terms of the Agreement, based on a weighted average price paid by the Issuer for purchases from third-parties.
F3 Genworth Holdings, Inc. owns approximately 81.6% of the outstanding shares of common stock of the Issuer.