Genworth sells 398,731 Enact Holdings shares
Enact Holdings, Inc. reported that major shareholder Genworth Holdings, Inc. sold 398,731 shares of Enact common stock on February 27, 2026.
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Rhea-AI Filing Summary
Enact Holdings, Inc. reported that major shareholder Genworth Holdings, Inc. sold 398,731 shares of Enact common stock on February 27, 2026. The shares were repurchased by Enact under a Share Repurchase Agreement dated February 2, 2026, at a price of $42.1927 per share.
After this transaction, Genworth directly held 114,190,099 Enact shares and remained a controlling shareholder, owning approximately 81% of Enact’s outstanding common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 398,731 | $42.1927 | $16.82M |
Footnotes (3)
- 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 February 2, 2026 (the "Agreement"). A copy of the Agreement can be found as exhibit 99.4 to the Issuer's Form 8-K filed on February 3, 2026, on the SEC's website at: https://www.sec.gov/Archives/edgar/data/1823529/000182352926000003/february2026genworthenacts.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.
FAQ
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What insider transaction did Genworth report for Enact Holdings (ACT)?
Does Genworth still control Enact Holdings (ACT) after the reported sale?
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