Genworth Holdings, Inc. - Oct 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
Oct 31, 2024
Transactions value $
-$24,509,425
Form type
4
Date filed
11/1/2024, 04:17 PM
Previous filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACT Common Stock Sale -$24.5M -683K -0.54% $35.90 125M Oct 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 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.