Dividend reinvestment boosts RSU awards for Enact (ACT) finance chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enact Holdings EVP, CFO and Treasurer Mitchell Hardin Dean reported acquiring three small blocks of restricted stock units (33, 53 and 69 units) that each settle 1-for-1 into common stock. These RSUs were added under dividend reinvestment terms tied to a $0.21 per-share quarterly dividend paid on March 19, 2026. The underlying awards vest in three equal annual installments beginning on February 16, 2025, February 21, 2026 and February 13, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Mitchell Hardin Dean
Role
EVP, CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 33 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 53 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 69 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 6,283 shares (Direct)
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 $0.21 per share, paid on March 19, 2026. 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 February 13, 2027.
FAQ
What insider activity did Enact Holdings (ACT) report for Mitchell Hardin Dean?
Mitchell Hardin Dean reported acquiring three small grants of restricted stock units. These awards are part of his equity compensation and reflect dividend reinvestment credits rather than open-market share purchases.
How many restricted stock units did the Enact (ACT) CFO acquire in this Form 4?
The CFO acquired 33, 53 and 69 restricted stock units. Each unit represents a right to receive one share of Enact common stock once the applicable vesting conditions are met.
How do the new Enact (ACT) restricted stock units convert into common stock?
Each restricted stock unit converts into one share of Enact common stock. Settlement occurs as the units vest according to the multi-year schedules specified in the underlying award agreements.
What triggered the new restricted stock units reported for Enact (ACT)?
The additional restricted stock units were issued under dividend reinvestment terms. They resulted from a quarterly cash dividend of $0.21 per share that was paid on March 19, 2026 to eligible holders.
When will the Enact (ACT) CFO’s new restricted stock units vest?
The restricted stock units vest in three equal annual installments. The schedules begin on February 16, 2025, February 21, 2026, and February 13, 2027, as disclosed for the respective grant groupings.
Does this Enact (ACT) Form 4 show stock sales by the CFO?
No stock sales are reported in this Form 4. All disclosed transactions are acquisitions of restricted stock units, categorized as grants or awards rather than market purchases or sales.