[Form 4] Enact Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Enact Holdings director Robert P. Restrepo Jr. acquired 168 deferred stock units on 09/08/2025, recorded on a Form 4 filed for ticker ACT. The units are deferred stock units that become payable in shares of Enact common stock one year after the director's termination of service. The reported acquisition was recorded at $0 per unit under dividend reinvestment terms tied to a dividend paid on 09/08/2025 at $0.21 per share. After this transaction, Mr. Restrepo beneficially owned 30,378.457 shares of common stock, reported as direct ownership. The Form 4 was signed by a power of attorney on 09/10/2025.

Positive

• Director alignment: 168 deferred stock units granted, aligning the director's compensation with shareholder outcomes
• Clear vesting/payable terms: Units become payable in common shares one year after termination of service, promoting retention
• Dividend reinvestment noted: Additional deferred units acquired pursuant to reinvestment of a dividend paid on 09/08/2025 at $0.21 per share
• Timely disclosure: Form 4 filed with signature by power of attorney on 09/10/2025

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director award increases alignment with shareholders through deferred stock units; no cash purchase or option exercise reported.

The filing documents a non-cash acquisition of 168 deferred stock units granted to a director, which convert to common shares one year after service termination, supporting long-term alignment without immediate dilution or cash transfer. The units were attributed under dividend reinvestment at $0.21 per share, and reported beneficial ownership totals 30,378.457 shares. This is a standard equity-compensation disclosure and carries limited near-term financial impact.

Corporate Governance Expert

TL;DR: Standard director compensation disclosure; structure (deferred units payable after departure) aligns incentives with continued service.

The Form 4 shows a director received deferred stock units that are payable only after termination of service, a common structure to promote retention and align interests with shareholders over time. Reporting is timely and includes a dividend reinvestment detail. There are no indications of unusual trading, related-party transactions, or immediate liquidity events in this filing.

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
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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^*

RESTREPO ROBERT P JR

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

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

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
Deferred Stock Units	(1)	09/08/2025		A		168		(1)	(1)	Common Stock	168	$0(2)	30,378.457	D

Explanation of Responses:

1. Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director.

2. Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on September 8, 2025, at $0.21 per share.

Remarks:

	/s/ Joe Jacumin, by power of attorney	09/10/2025
	** 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 transaction did Robert P. Restrepo Jr. report on Form 4 for ACT?

The Form 4 reports an acquisition of 168 deferred stock units on 09/08/2025.

When do the deferred stock units become payable to the director?

The deferred stock units become payable in shares of common stock one year after termination of service as a director.

How many shares does Robert P. Restrepo Jr. beneficially own after the reported transaction?

The filing reports beneficial ownership of 30,378.457 shares following the transaction.

Was there any cash purchase price reported for the deferred stock units?

No cash purchase price was reported; the units were recorded at $0 per unit and acquired pursuant to dividend reinvestment terms.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Joe Jacumin, by power of attorney on 09/10/2025.