Enact Holdings (ACT) controller receives new restricted stock unit awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enact Holdings, Inc. controller James McMullen reported multiple small awards of restricted stock units on June 18, 2026. These awards total 42 restricted stock units, each settling into one share of Enact common stock on a 1:1 basis.
The additional units were acquired under reinvestment terms in the award agreement, tied to a quarterly dividend of $0.24 per share paid on June 18, 2026. The restricted stock units vest and convert to common stock in three equal annual installments, with different grants beginning to vest on February 16, 2025, April 1, 2025, February 21, 2026, October 1, 2026, and February 13, 2027. These are compensation-related grants rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
McMullen James
Role
Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 8 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 15 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 10 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 816 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 16, 2025. Additional restricted stock units acquired pursuant to reinvestment terms in the restricted stock unit award agreement resulting from a quarterly dividend at $0.24 per share, paid on June 18, 2026. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on April 1, 2025. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 21, 2026. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on October 1, 2026. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 13, 2027.
Key Figures
RSU grant 1: 10 restricted stock units
RSU grant 2: 15 restricted stock units
RSU grant 3: 8 restricted stock units
+4 more
7 metrics
RSU grant 1
10 restricted stock units
Grant on June 18, 2026; 1:1 into common stock
RSU grant 2
15 restricted stock units
Grant on June 18, 2026; 1:1 into common stock
RSU grant 3
8 restricted stock units
Grant on June 18, 2026; 1:1 into common stock
RSU grant 4
4 restricted stock units
Grant on June 18, 2026; 1:1 into common stock
RSU grant 5
5 restricted stock units
Grant on June 18, 2026; 1:1 into common stock
Dividend amount
$0.24 per share
Quarterly dividend paid on June 18, 2026
Vesting schedule
Three equal annual installments
Each RSU grant vests over three years
Key Terms
Restricted Stock Units, quarterly dividend, reinvestment terms, vest and convert to Common Stock, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
quarterly dividend financial
"resulting from a quarterly dividend at $0.24 per share, paid on June 18, 2026."
A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.
reinvestment terms financial
"Additional restricted stock units acquired pursuant to reinvestment terms in the restricted stock unit award agreement"
vest and convert to Common Stock financial
"Restricted Stock Units vest and convert to Common Stock in three equal annual installments"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Enact Holdings (ACT) report for James McMullen?
Enact Holdings reported that controller James McMullen received additional restricted stock units. On June 18, 2026 he was granted several small RSU awards, which will each settle into Enact common stock on a 1:1 basis as they vest over future years.
How many restricted stock units did Enact Holdings (ACT) grant to James McMullen?
James McMullen received a total of 42 restricted stock units. The Form 4 lists grants of 10, 15, 8, 4, and 5 RSUs, each representing one future share of Enact common stock when the units vest and convert over time.
What are the vesting terms for James McMullen’s Enact (ACT) restricted stock units?
The restricted stock units vest in three equal annual installments for each grant. Different RSU awards start vesting on February 16, 2025, April 1, 2025, February 21, 2026, October 1, 2026, and February 13, 2027, after which they convert into Enact common shares.
Were James McMullen’s Enact (ACT) RSU transactions open-market trades?
No, these RSU entries are compensation-related awards, not market trades. The transactions are coded as grants or awards of derivatives, with a price of $0.00 per unit, reflecting equity compensation rather than buying or selling shares in the open market.
What type of security did Enact Holdings (ACT) use for this insider compensation?
Enact used restricted stock units that convert into common stock. Each RSU will settle into one share of Enact common stock upon vesting, giving the controller additional equity exposure as part of his ongoing compensation package at the company.