Enact Holdings (ACT) director receives 3,939 Deferred Stock Units as board pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
THOMPSON WESTLEY V reported acquisition or exercise transactions in this Form 4 filing.
Enact Holdings, Inc. director Westley V. Thompson received a grant of 3,939.791 Deferred Stock Units as part of his annual board retainer. These units are based on a reference price of $43.149 per share of Common Stock and are a form of stock-based compensation, not a market purchase.
Following this grant, Thompson holds a total of 34,645.248 Deferred Stock Units. The units become payable in shares of Common Stock one year after his termination of service as a director, aligning his compensation with long-term shareholder interests while deferring actual share delivery until after board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
THOMPSON WESTLEY V
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 3,939.791 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 34,645.248 shares (Direct, null)
Footnotes (1)
- Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director. The number of Deferred Stock Units acquired represents a portion of the Reporting Person's annual retainer fee and was based on a price of $43.149 per share of Common Stock.
Key Figures
Deferred Stock Units granted: 3,939.791 units
Deferred Stock Units after grant: 34,645.248 units
Unit grant price: $0.0000 per unit
+1 more
4 metrics
Deferred Stock Units granted
3,939.791 units
Grant on 2026-05-13 as part of annual retainer
Deferred Stock Units after grant
34,645.248 units
Total DSUs held following this transaction
Unit grant price
$0.0000 per unit
Non-cash compensation grant
Reference share price
$43.149 per share
Basis used to calculate number of Deferred Stock Units
Key Terms
Deferred Stock Units, annual retainer fee, Common Stock
3 terms
Deferred Stock Units financial
"Deferred Stock Units become payable in shares of Common Stock one year after termination"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
annual retainer fee financial
"represents a portion of the Reporting Person's annual retainer fee and was based on a price"
Common Stock financial
"Deferred Stock Units become payable in shares of Common Stock one year after termination"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Enact Holdings (ACT) report for Westley Thompson?
Enact Holdings reported that director Westley V. Thompson received 3,939.791 Deferred Stock Units as part of his annual board retainer. These are stock-based compensation awards, not open-market share purchases or sales.
How many Deferred Stock Units does Westley Thompson hold at Enact Holdings (ACT)?
After the latest grant, Westley V. Thompson holds 34,645.248 Deferred Stock Units. This total reflects accumulated board compensation awards that will convert into Common Stock after his service as a director ends.
When do Enact Holdings (ACT) Deferred Stock Units become payable to the director?
The Deferred Stock Units become payable in shares of Enact Holdings Common Stock one year after Thompson’s termination of service as a director. This structure delays actual share delivery until after board tenure concludes.
How was the number of Deferred Stock Units for Enact Holdings (ACT) calculated?
The 3,939.791 Deferred Stock Units represent a portion of Thompson’s annual retainer fee, calculated using a reference price of $43.149 per share of Enact Holdings Common Stock, as disclosed in the footnotes.