[144] Enact Holdings, Inc. SEC Filing
Rhea-AI Filing Summary
Enact Holdings, Inc. (ACT) filed a Form 144 disclosing a proposed sale of 86,406 common shares through J.P. Morgan Securities LLC on 08/27/2025 on the NYSE. The filing reports an aggregate market value of $749,140 for the proposed sale and shows 410,433,925 shares outstanding.
The shares were acquired as compensation: 59,080 shares on 03/25/2024 and 27,326 shares on 03/01/2024. The filer reports no securities sold in the past three months and includes the standard representation that they are not aware of any undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale notice: 86,406 shares proposed for sale, representing a very small fraction of outstanding stock.
The Form 144 is a standard regulatory notice required when insiders propose to sell restricted or control securities under Rule 144. The proposed block of 86,406 shares has an aggregate market value of $749,140 against 410.4 million shares outstanding, indicating the sale is immaterial to the company’s market capitalization. The shares were received as compensation in March 2024, and no sales were reported in the prior three months. From a liquidity and dilution perspective, this filing is unlikely to move the stock absent other disclosures.
TL;DR: Compliance-focused disclosure; contains standard attestations and no red flags about undisclosed material information.
The filing includes the required certification that the seller is not aware of undisclosed material adverse information and references potential Rule 10b5-1 trading plans. Acquisition details show compensation-based grants in March 2024. There are no indications of accelerated insider selling or recent related-party transactions in the three-month window. Governance implications are routine: disclosure meets Rule 144 formality but does not suggest governance concerns on its face.