Genworth sells 602K Enact shares via repurchase
Enact Holdings, Inc. reported that its majority shareholder Genworth Holdings, Inc. completed an open-market style sale of 602,440 shares of Enact common stock on May 29, 2026 at $42.9143 per share.
Rhea-AI Filing Summary
Enact Holdings, Inc. reported that its majority shareholder Genworth Holdings, Inc. completed an open-market style sale of 602,440 shares of Enact common stock on May 29, 2026 at $42.9143 per share. The transaction was carried out under a Share Repurchase Agreement between Enact and Genworth dated February 2, 2026, with the price set using a weighted average of prices Enact paid to third parties. Following this sale, Genworth directly held 112,206,639 Enact common shares and, according to the disclosure, owned approximately 81% of Enact’s outstanding common stock, indicating that Genworth remains a controlling shareholder after the transaction.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 602,440 | $42.9143 | $25.85M |
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.
Key Figures
Key Terms
open-market sale financial
weighted average price financial
ten percent owner financial
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