Michael Derstine - 09 Feb 2024 Form 4 Insider Report for Enact Holdings, Inc. (ACT)

Role
EVP and Chief Risk Officer
Signature
/s/ Evan Stolove, by power of attorney
Issuer symbol
ACT
Transactions as of
09 Feb 2024
Net transactions value
-$51,115
Form type
4
Filing time
13 Feb 2024, 16:08:11 UTC
Previous filing
07 Dec 2023
Next filing
21 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACT Common Stock Options Exercise +2,818 +42% 9,511 09 Feb 2024 Direct F1
transaction ACT Common Stock Options Exercise +2,865 +30% 12,376 09 Feb 2024 Direct F1
transaction ACT Common Stock Tax liability $51,115 -1,882 -15% $27.16 10,494 09 Feb 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACT Restricted Stock Units Options Exercise $0 -2,818 -50% $0.000000 2,800 09 Feb 2024 Common Stock 2,818 Direct F1, F3
transaction ACT Restricted Stock Units Options Exercise $0 -2,865 -33% $0.000000 5,718 09 Feb 2024 Common Stock 2,865 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis.
F2 The Company withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on February 9, 2024 and February 11, 2024.
F3 Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 11, 2023
F4 Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 9, 2024