Enact director granted 3,940 deferred stock units
THOMPSON WESTLEY V reported acquisition or exercise transactions in this Form 4 filing.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 3,939.791 | $0.00 | $0.00 |
Footnotes (2)
- F1. Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director.
- F2. 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
Key Terms
Deferred Stock Units financial
annual retainer fee financial
Common Stock financial
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