Genworth Holdings, Inc. - Feb 28, 2023 Form 4 Insider Report for Enact Holdings, Inc. (ACT)

Role
10%+ Owner
Signature
Lisa J. Baldyga, Vice President and Treasurer on behalf of Genworth Holdings, Inc.
Stock symbol
ACT
Transactions as of
Feb 28, 2023
Transactions value $
-$8,747,529
Form type
4
Date filed
3/1/2023, 03:46 PM
Previous filing
Feb 1, 2023
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACT Common Stock Sale -$8.75M -359K -0.27% $24.35 132M Feb 28, 2023 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 November 1, 2022 (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 September 30, 2022, on the SEC's website at: https://www.sec.gov/Archives/edgar/data/1823529/000182352922000206/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.