Rohit Gupta - Feb 9, 2024 Form 4 Insider Report for Enact Holdings, Inc. (ACT)

Role
President and CEO, Director
Signature
/s/ Evan Stolove, by power of attorney
Stock symbol
ACT
Transactions as of
Feb 9, 2024
Transactions value $
-$628,700
Form type
4
Date filed
2/13/2024, 04:09 PM
Previous filing
Dec 7, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACT Common Stock Options Exercise +34.6K +53.06% 99.7K Feb 9, 2024 Direct F1
transaction ACT Common Stock Options Exercise +30.4K +30.48% 130K Feb 9, 2024 Direct F1
transaction ACT Common Stock Tax liability -$629K -23.1K -17.79% $27.16 107K Feb 9, 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 -34.6K -50.01% $0.00 34.6K Feb 9, 2024 Common Stock 34.6K Direct F1, F3
transaction ACT Restricted Stock Units Options Exercise $0 -30.4K -33.33% $0.00 60.8K Feb 9, 2024 Common Stock 30.4K 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