Enact Holdings (ACT) EVP converts 2,981 RSUs and settles tax with shares

Rhea-AI Filing Summary

Enact Holdings executive Michael Derstine, EVP and Chief Risk Officer, reported equity award activity on February 9, 2026. He exercised or converted 2,981 restricted stock units into the same number of Enact common shares. The company then withheld 1,006 common shares at $42.39 to cover taxes, leaving Derstine with 32,246 shares of common stock held directly after these transactions.

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

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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^*

Derstine Michael

(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 and Chief Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

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	02/09/2026		M		2,981	A	(1)	33,252	D
Common Stock	02/09/2026		F		1,006(2)	D	$42.39	32,246	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
Restricted Stock Units	(1)	02/09/2026		M			2,981	(3)	(3)	Common Stock	2,981	$0	0	D

Explanation of Responses:

1. Each restricted stock unit will settle 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 Restricted Stock Units that vested on February 9, 2026

3. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 9, 2024

Remarks:

	/s/ Joe Jacumin, by power of attorney	02/11/2026
	** 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 insider transaction did Enact Holdings (ACT) report for Michael Derstine?

Enact Holdings reported that EVP and Chief Risk Officer Michael Derstine converted 2,981 restricted stock units into common stock on February 9, 2026. These units settled 1-for-1 into Enact common shares as part of his equity compensation program.

How many Enact Holdings (ACT) shares does Michael Derstine own after this Form 4?

After the reported transactions, Michael Derstine directly owns 32,246 shares of Enact Holdings common stock. This figure reflects both the RSU conversion and the shares withheld by the company to cover related tax obligations on February 9, 2026.

What does the RSU conversion on Enact Holdings (ACT) Form 4 mean?

The Form 4 shows 2,981 restricted stock units converting into the same number of Enact common shares at a $0 exercise price. This reflects previously granted equity awards vesting and settling into stock rather than an open-market purchase by the executive.

Why did Enact Holdings (ACT) withhold 1,006 shares from Michael Derstine?

Enact Holdings withheld 1,006 common shares at $42.39 from Michael Derstine to satisfy tax withholding obligations tied to his vested restricted stock units. This is a common method for covering taxes when equity awards convert into company shares.

What do the transaction codes M and F indicate on Enact Holdings (ACT) Form 4?

Code M indicates the exercise or conversion of a derivative security, here 2,981 restricted stock units into common stock. Code F shows a tax-withholding disposition, where 1,006 common shares were withheld by the company to cover associated tax liabilities.

How do Enact Holdings (ACT) restricted stock units settle for Michael Derstine?

Each restricted stock unit held by Michael Derstine settles into one share of Enact Holdings common stock. The footnotes state RSUs vest and convert in three equal annual installments beginning February 9, 2024, reflecting a structured, time-based vesting schedule.