Enact director acquires 308 deferred stock units
Enact Holdings, Inc. (ACT) reported that board chair Dominic James Addesso, a director, received a grant of 308 Deferred Stock Units on September 17, 2026 as a grant, award, or other acquisition.
Rhea-AI Filing Summary
Enact Holdings, Inc. (ACT) reported that board chair Dominic James Addesso, a director, received a grant of 308 Deferred Stock Units on September 17, 2026 as a grant, award, or other acquisition. These units become payable in shares of Common Stock one year after termination of his service as a director.
The grant represents additional deferred stock units acquired under the director award agreement through reinvestment of a dividend paid on September 17, 2026 at $0.24 per share. After this grant, Addesso holds 7,376.983 Deferred Stock Units directly, and also has indirect interests in Deferred Stock Units held by or for Deborah Addesso, an exempt irrevocable trust f/b/o Dominic, and D.J. Addesso Holdings, LLC. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 308 shares
Grant/Award
4 txns
Insider
Addesso Dominic James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1, F2 | 308 | $0.00 | $0.00 |
| holding | Deferred Stock Units F1 | -- | -- | -- |
| holding | Deferred Stock Units F1 | -- | -- | -- |
| holding | Deferred Stock Units F1 | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 7,376.983 contracts (Direct);
Deferred Stock Units — 9,293 contracts (Indirect, Deborah Addesso, in her individual capacity);
Deferred Stock Units — 24,177 contracts (Indirect, Deborah Addesso Exempt Irrevocable Trust f/b/o Dominic dated December 28, 2021);
Deferred Stock Units — 20,650 contracts (Indirect, By D.J. Addesso Holdings, LLC)
Footnotes (2)
- F1. Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director.
- F2. Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on September 17, 2026, at $0.24 per share.
Key Figures
Deferred Stock Units granted: 308 units
Dividend per share used for reinvestment: $0.24 per share
Direct Deferred Stock Units after transaction: 7,376.983 units
+3 more
6 metrics
Deferred Stock Units granted
308 units
Grant, award, or other acquisition on September 17, 2026
Dividend per share used for reinvestment
$0.24 per share
Dividend paid on September 17, 2026 under director award agreement
Direct Deferred Stock Units after transaction
7,376.983 units
Total direct Deferred Stock Units following the September 17, 2026 grant
Indirect underlying shares (Deborah Addesso individual)
9,293 shares
Underlying Common Stock for Deferred Stock Units held indirectly
Indirect underlying shares (irrevocable trust f/b/o Dominic)
24,177 shares
Underlying Common Stock for Deferred Stock Units held indirectly via trust
Indirect underlying shares (D.J. Addesso Holdings, LLC)
20,650 shares
Underlying Common Stock for Deferred Stock Units held indirectly via LLC
Key Terms
Deferred Stock Units, director award agreement, dividend, underlying security
4 terms
Deferred Stock Units financial
"Deferred Stock Units become payable in shares of Common Stock one year after"
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.
director award agreement financial
"acquired pursuant to reinvestment terms under the director award agreement"
dividend financial
"from a dividend paid on September 17, 2026, at $0.24 per share"
A dividend is a payment that a company gives to its shareholders, usually from its profits. It’s like a bonus or reward for owning the company's stock, and it can provide a steady income stream for investors. Companies pay dividends to share their success with the people who own their stock.
underlying security financial
"underlying_security_title": "Common Stock""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Enact Holdings (ACT) report for Dominic Addesso?
Enact Holdings reported that director and board chair Dominic James Addesso received a grant of 308 Deferred Stock Units on September 17, 2026 as a compensation-related award, increasing his direct deferred stock unit holdings in the company.
How are the new Deferred Stock Units for ACT’s Dominic Addesso structured?
The 308 Deferred Stock Units become payable in shares of Common Stock one year after Dominic Addesso’s termination of service as a director, aligning the payout with the end of his board service rather than current cash compensation.
Why did Dominic Addesso of ACT receive an additional 308 Deferred Stock Units?
The filing states these are additional deferred stock units acquired under the director award agreement through reinvestment of a dividend paid on September 17, 2026 at $0.24 per share, effectively reinvesting the dividend into more deferred stock units.
What are Dominic Addesso’s direct Deferred Stock Unit holdings in Enact Holdings (ACT) after this Form 4?
Following the September 17, 2026 award, Dominic Addesso directly holds 7,376.983 Deferred Stock Units, each representing a right to receive a share of Enact Holdings’ Common Stock upon the specified payment conditions.
Does the Form 4 for Enact Holdings (ACT) indicate a Rule 10b5-1 trading plan for Dominic Addesso?
No. The document-level Rule 10b5-1 checkbox is not marked as affirmative, and there is no indication in the footnotes that these transactions were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
