Enact Holdings (ACT) EVP converts RSUs, withholds shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enact Holdings EVP & Chief Operations Officer Brian Gould reported equity award activity involving company stock. On February 9, 2026, Gould exercised or converted 2,609 restricted stock units into the same number of Enact common shares, reflecting the 1:1 settlement terms of the award.
On the same day, 881 common shares were disposed of at $42.39 per share to cover tax withholding obligations related to the vesting. After these transactions, Gould directly beneficially owned 31,474 shares of Enact common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,609 shares exercised/converted
Mixed
3 txns
Insider
Gould Brian
Role
EVP & Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,609 | $0.00 | -- |
| Exercise | Common Stock | 2,609 | $0.00 | -- |
| Tax Withholding | Common Stock | 881 | $42.39 | $37K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 32,355 shares (Direct)
Footnotes (1)
- Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis. 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 Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 9, 2024
FAQ
What insider transactions did Enact Holdings (ACT) report for Brian Gould?
Enact Holdings reported that EVP & Chief Operations Officer Brian Gould converted 2,609 restricted stock units into common shares, then had 881 shares withheld to cover taxes. Following these equity award-related transactions, he directly beneficially owned 31,474 shares of Enact common stock.
How do Brian Gould’s Enact Holdings (ACT) restricted stock units work?
Each restricted stock unit held by Brian Gould settles into one share of Enact common stock. These units vest and convert into common shares in three equal annual installments beginning on February 9, 2024, creating periodic equity deliveries as part of his compensation.
What transaction codes appear in Brian Gould’s Enact Holdings (ACT) Form 4?
The filing shows code M for the exercise or conversion of 2,609 restricted stock units into common stock, and code F for the tax-withholding disposition of 881 common shares at $42.39. Both transactions are reported as directly owned positions for Gould.