Enact Holdings (ACT) director granted 201 deferred stock units via dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enact Holdings director Robert P. Restrepo Jr. received a grant of 201 Deferred Stock Units tied to the company’s common stock. The units were acquired at $0.00 per unit under dividend reinvestment terms from a dividend paid at $0.24 per share.
The Deferred Stock Units become payable in shares of common stock one year after Restrepo’s termination of service as a director. Following this award, he holds a total of 34,846.248 Deferred Stock Units directly, representing compensation rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RESTREPO ROBERT P JR
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
Unit grant price: $0.00 per unit
Deferred Stock Units after transaction: 34,846.248 units
+1 more
4 metrics
Deferred Stock Units granted
201 units
Award on June 18, 2026
Unit grant price
$0.00 per unit
Deferred Stock Units grant
Deferred Stock Units after transaction
34,846.248 units
Holdings following grant
Dividend amount
$0.24 per share
Dividend paid on June 18, 2026
Key Terms
Deferred Stock Units, dividend reinvestment, director award agreement, Common Stock
4 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."
Common Stock financial
"Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Enact Holdings (ACT) director Robert P. Restrepo Jr. report on this Form 4?
He reported receiving 201 Deferred Stock Units as a compensation-related award. These units are tied to Enact Holdings’ common stock and were issued at $0.00 per unit under the director award agreement’s dividend reinvestment features.
How many Enact Holdings (ACT) Deferred Stock Units does the director hold after this transaction?
After this transaction, Robert P. Restrepo Jr. holds 34,846.248 Deferred Stock Units. This figure reflects his direct derivative-based interest linked to Enact Holdings’ common stock as reported in the Form 4 filing.
How were the 201 Enact Holdings (ACT) Deferred Stock Units determined in this Form 4?
The 201 Deferred Stock Units were acquired through dividend reinvestment terms in the director award agreement. They correspond to a dividend paid on June 18, 2026, at $0.24 per share, effectively converting cash dividends into additional stock-based units.
When will the Enact Holdings (ACT) Deferred Stock Units become payable to the director?
The Deferred Stock Units become payable in shares of Enact Holdings common stock one year after the director’s termination of service. Until that point, they remain as deferred, stock-linked units rather than immediately deliverable shares.