Enact Holdings, Inc. (ACT) officer reports new RSU awards from dividend reinvestment
Rhea-AI Filing Summary
Enact Holdings, Inc. disclosed that an officer serving as EVP, CFO and Treasurer acquired additional restricted stock units on December 11, 2025 through dividend reinvestment features in existing awards. On that date, the officer received 38, 67 and 81 restricted stock units at a price of $0.00 each, tied to a quarterly dividend of $0.21 per share paid on December 11, 2025.
Each restricted stock unit will settle into one share of Enact common stock. The related awards vest and convert to common stock in three equal annual installments beginning on February 9, 2024, February 16, 2025 and February 21, 2026. Following these transactions, the officer beneficially owned 7,095, 12,512 and 15,196 restricted stock units across the respective grants.
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FAQ
What insider transaction did Enact Holdings (ACT) report in this filing?
An officer of Enact Holdings, Inc. reported acquiring 38, 67 and 81 restricted stock units on December 11, 2025, all at a price of $0.00 per unit.
Who is the reporting person and what is their role at Enact Holdings (ACT)?
The reporting person is an officer of Enact Holdings, serving as EVP, CFO and Treasurer, as indicated in the relationship section.
How many restricted stock units does the Enact Holdings officer hold after the transactions?
After the reported acquisitions, the officer beneficially owned 7,095, 12,512 and 15,196 restricted stock units in three separate awards.
When do the Enact Holdings (ACT) restricted stock units vest?
The restricted stock units vest and convert to common stock in three equal annual installments beginning on February 9, 2024, February 16, 2025 and February 21, 2026, depending on the specific award.
What dividend led to the additional restricted stock units for the Enact officer?
Additional units were acquired under reinvestment terms in the award agreement, resulting from a quarterly dividend of $0.21 per share paid on December 11, 2025.
How do Enact Holdings (ACT) restricted stock units convert into common stock?
Each restricted stock unit will settle into one share of Enact Holdings common stock on a 1:1 basis upon vesting.