Enact Holdings (ACT) director adds 201 deferred stock units via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enact Holdings, Inc. director John D. Fisk reported an automatic acquisition of 201 Deferred Stock Units tied to Common Stock. These units were credited under the director award agreement through reinvestment of a dividend paid on June 18, 2026 at $0.24 per share.
Following this grant, Fisk holds a total of 34,846.248 Deferred Stock Units directly. These units become payable in shares of Common Stock one year after his termination of service as a director, highlighting that this is a long-term, service-linked compensation element rather than an open-market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FISK JOHN D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 201 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 34,846.248 shares (Direct, null)
Footnotes (1)
- Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director. Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on June 18, 2026, at $0.24 per share.
Key Figures
Deferred Stock Units granted: 201 units
Dividend rate: $0.24 per share
Total Deferred Stock Units after transaction: 34,846.248 units
+1 more
4 metrics
Deferred Stock Units granted
201 units
Grant/award acquisition on June 18, 2026
Dividend rate
$0.24 per share
Dividend paid June 18, 2026, reinvested into units
Total Deferred Stock Units after transaction
34,846.248 units
Director John D. Fisk direct holdings after grant
Transaction price per unit
$0.00
Compensation grant, not an open-market purchase
Key Terms
Deferred Stock Units, dividend reinvestment, director award agreement
3 terms
Deferred Stock Units financial
"Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director."
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.
dividend reinvestment financial
"Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on June 18, 2026, at $0.24 per share."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
director award agreement financial
"Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on June 18, 2026, at $0.24 per share."
FAQ
What insider transaction did Enact Holdings (ACT) report for John D. Fisk?
Enact Holdings director John D. Fisk reported an acquisition of 201 Deferred Stock Units. These units were added automatically through the company’s director award agreement and represent stock-based compensation rather than an open-market purchase or sale of Enact Holdings common shares.
How were the new Deferred Stock Units for Enact Holdings (ACT) director John D. Fisk calculated?
The 201 Deferred Stock Units were acquired through dividend reinvestment. A cash dividend paid on June 18, 2026 at $0.24 per share was automatically reinvested under the director award agreement, crediting additional stock units to Fisk instead of paying cash.
What is John D. Fisk’s total Deferred Stock Unit position at Enact Holdings (ACT) after this filing?
After the June 18, 2026 transaction, John D. Fisk directly holds 34,846.248 Deferred Stock Units. These units represent a right to receive Enact Holdings common stock in the future, linked to his continued service as a director and subject to the plan’s payout terms.
When do Enact Holdings (ACT) Deferred Stock Units for directors like John D. Fisk become payable?
Deferred Stock Units for Enact Holdings directors become payable in shares of Common Stock one year after termination of service as a director. This structure encourages longer-term board service and defers actual share delivery until after a director leaves the board.
Was the Enact Holdings (ACT) Form 4 transaction a market buy or sell by John D. Fisk?
The Form 4 shows no open-market buy or sell by John D. Fisk. Instead, he received 201 Deferred Stock Units as a grant under the director award agreement through automatic dividend reinvestment, a routine stock-based compensation feature rather than a discretionary trade.