STOCK TITAN

Enact Holdings (ACT) majority owner Genworth sells 602K shares back

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Genworth Holdings, Inc.
Role null
Sold 602,440 shs ($25.85M)
Type Security Shares Price Value
Sale Common Stock 602,440 $42.9143 $25.85M
Holdings After Transaction: Common Stock — 112,206,639 shares (Direct, null)
Footnotes (1)
  1. 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 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. Genworth Holdings, Inc. owns approximately 81% of the outstanding shares of common stock of the Issuer.
Shares sold 602,440 shares Open-market sale on May 29, 2026
Sale price per share $42.9143 per share Price set under Share Repurchase Agreement
Shares held after sale 112,206,639 shares Genworth’s direct Enact holdings following transaction
Ownership percentage Approximately 81% of outstanding common stock Genworth’s stake in Enact after reported sale
Transaction type Open-market sale (Code S) Non-derivative common stock transaction
Share Repurchase Agreement financial
"The sale reported in this Form 4 was effected pursuant to a Share Repurchase Agreement"
A share repurchase agreement is a contract where a company agrees to buy back its own shares from existing holders under specified terms, such as price and timing. For investors this matters because buying back shares reduces the number of shares available, which can increase earnings per share and raise the value of remaining shares, but it also uses the company’s cash—similar to a store buying back products to shrink supply and potentially lift prices.
open-market sale financial
"transaction_action":"open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"based on a weighted average price paid by the Issuer for purchases from third-parties"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner financial
"Genworth Holdings, Inc. owns approximately 81% of the outstanding shares of common stock"
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Genworth Holdings, Inc.

(Last)(First)(Middle)
11011 WEST BROAD STREET

(Street)
GLEN ALLEN VIRGINIA 23060

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Enact Holdings, Inc. [ ACT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/29/2026S(1)602,440D$42.9143(2)112,206,639D(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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
2. 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.
3. Genworth Holdings, Inc. owns approximately 81% of the outstanding shares of common stock of the Issuer.
Remarks:
/s/ Lisa J. Baldyga, Vice President and Treasurer on behalf of Genworth Holdings, Inc.06/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Genworth report in Enact Holdings (ACT)?

Genworth Holdings reported selling 602,440 shares of Enact Holdings common stock. The sale occurred on May 29, 2026 at $42.9143 per share under a Share Repurchase Agreement with Enact.

How many Enact (ACT) shares did Genworth sell and at what price?

Genworth sold 602,440 Enact common shares at $42.9143 per share. The price was determined under a Share Repurchase Agreement using a weighted average of prices Enact paid to third-party sellers.

Was Genworth’s Enact (ACT) share sale part of a repurchase agreement?

Yes. The sale was executed under a Share Repurchase Agreement between Enact Holdings and Genworth dated February 2, 2026, with terms linking the sale price to Enact’s weighted average purchase price from third parties.

How many Enact (ACT) shares does Genworth hold after this transaction?

After the transaction, Genworth directly held 112,206,639 Enact common shares. The filing also states that Genworth owns approximately 81% of Enact’s outstanding common stock, so it remains the controlling shareholder.

What type of Form 4 transaction did Enact’s majority owner report?

The Form 4 shows an open-market sale of Enact common stock by Genworth Holdings. The transaction used code “S,” indicating a sale, and was priced under the companies’ February 2026 Share Repurchase Agreement.