Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ACT | Common Stock | Sale | -$24.2M | -673K | -0.53% | $36.00 | 125M | Sep 30, 2024 | Direct | F1, F2, F3 |
Id | Content |
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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 May 1, 2024 (the "Agreement"). A copy of the Agreement can be found as exhibit 10.3 to the Issuer's Form 10-Q for the quarterly period ended March 31, 2024, on the SEC's website at: https://www.sec.gov/Archives/edgar/data/1823529/000182352924000105/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% of the outstanding shares of common stock of the Issuer. |