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Enact (ACT) CFO converts 42,616 units, withholds 17,723 shares for tax

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

Rhea-AI Filing Summary

Enact Holdings EVP, CFO and Treasurer Mitchell Hardin Dean reported equity compensation activity involving Performance Stock Units and common stock. On February 24, 2026, 42,616 Performance Stock Units granted on February 9, 2023 vested and converted into the same number of Enact common shares on a 1:1 basis.

To cover tax withholding on the vested units, the company withheld 17,723 common shares at $41.46 per share as a tax-withholding disposition. After these transactions, Dean directly owned 142,298 shares of Enact common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Mitchell Hardin Dean

(Last) (First) (Middle)
C/O ENACT HOLDINGS, INC.
8325 SIX FORKS ROAD

(Street)
RALEIGH NC 27615

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Enact Holdings, Inc. [ ACT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CFO and Treasurer
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/24/2026 M 42,616 A (1) 160,021 D
Common Stock 02/24/2026 F 17,723(2) D $41.46 142,298 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Units (1) 02/24/2026 M 42,616 (3) (3) Common Stock 42,616 $0 0 D
Explanation of Responses:
1. Reflects Performance Stock Units that were granted on February 9, 2023 and settled into shares of Issuer Common Stock on a 1:1 basis.
2. The Company withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Performance Stock Units that vested on February 24, 2026.
3. Performance Stock Units vested and converted to Common Stock on February 24, 2026.
Remarks:
/s/ Joe Jacumin, by power of attorney 02/26/2026
** Signature of Reporting Person Date
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.

FAQ

What equity transactions did Enact (ACT) executive Mitchell Hardin Dean report?

Mitchell Hardin Dean reported vesting of 42,616 Performance Stock Units that converted into common stock, and a withholding of 17,723 common shares at $41.46 each to satisfy tax obligations related to that vesting, leaving him with 142,298 directly owned shares.

How many Enact (ACT) Performance Stock Units vested for the CFO?

A total of 42,616 Performance Stock Units vested for the Enact CFO. These units were originally granted on February 9, 2023 and settled into the same number of Enact common shares on a 1:1 basis when they vested on February 24, 2026.

Why were 17,723 Enact (ACT) shares disposed of in this Form 4?

The 17,723 Enact shares were withheld to satisfy tax withholding obligations on vested Performance Stock Units. This tax-withholding disposition, at a price of $41.46 per share, represents shares delivered to cover taxes rather than an open-market sale transaction.

What is Mitchell Hardin Dean’s Enact (ACT) share ownership after these transactions?

Following the reported vesting and tax-withholding disposition, Mitchell Hardin Dean directly owns 142,298 shares of Enact common stock. This figure reflects his direct holdings after the 42,616-unit conversion and the 17,723-share withholding for tax purposes.

Were the Enact (ACT) Performance Stock Units converted into common stock on a 1:1 basis?

Yes, the Performance Stock Units converted into Enact common stock on a 1:1 basis. All 42,616 units granted on February 9, 2023 vested and were settled into an equal number of Enact common shares on February 24, 2026, according to the footnotes.
Enact Holdings, Inc.

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6.11B
29.16M
Insurance - Specialty
Insurance Agents, Brokers & Service
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United States
RALEIGH