Enact director granted 176 deferred stock units
Enact Holdings, Inc. director Michael A. Bless acquired 176 Deferred Stock Units as a grant under his director award arrangement.
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Form Type
4
Rhea-AI Filing Summary
Enact Holdings, Inc. director Michael A. Bless acquired 176 Deferred Stock Units as a grant under his director award arrangement. The units were credited at a price of $0.00 per unit through dividend reinvestment from a dividend paid at $0.24 per share. These Deferred Stock Units will be settled in shares of Common Stock one year after he ceases serving as a director. Following this award, his reported Deferred Stock Unit balance stands at 30,747.329 units held directly.
Insider Trade Summary
Grant/Award: 176 shares
Grant/Award
1 txn
Insider
BLESS MICHAEL A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 176 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 30,747.329 contracts (Direct)
Footnotes (2)
- F1. Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director.
- F2. Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on June 18, 2026, at $0.24 per share.
Key Figures
Deferred stock units granted: 176 units
Price per deferred unit: $0.00 per unit
Deferred units after transaction: 30,747.329 units
+1 more
4 metrics
Deferred stock units granted
176 units
Grant/award acquisition on June 18, 2026
Price per deferred unit
$0.00 per unit
Grant price for Deferred Stock Units
Deferred units after transaction
30,747.329 units
Total Deferred Stock Units following award
Dividend rate
$0.24 per share
Dividend used for reinvestment on June 18, 2026
Key Terms
Deferred Stock Units, Common Stock, dividend, director award agreement
4 terms
Deferred Stock Units financial
"Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Common Stock financial
"Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
dividend financial
"Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on June 18, 2026, at $0.24 per share."
A dividend is a payment that a company gives to its shareholders, usually from its profits. It’s like a bonus or reward for owning the company's stock, and it can provide a steady income stream for investors. Companies pay dividends to share their success with the people who own their stock.
director award agreement financial
"Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on June 18, 2026, at $0.24 per share."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Enact Holdings (ACT) report for Michael A. Bless?
Enact Holdings reported that director Michael A. Bless received 176 Deferred Stock Units as a grant. The award arose from dividend reinvestment under his director agreement and increased his deferred stock balance without any cash purchase.
How many Deferred Stock Units does Michael A. Bless hold after this Enact Holdings transaction?
After this transaction, Michael A. Bless holds 30,747.329 Deferred Stock Units. These units represent a right to receive Common Stock in the future, rather than current shares or cash, and are tied to his board service.
What is the nature of the Deferred Stock Units granted by Enact Holdings to its director?
The Deferred Stock Units are a derivative award that becomes payable in Common Stock. They are not immediately settled; instead, they convert into shares one year after the director’s service on the Enact Holdings board ends.
How were the new Deferred Stock Units for Enact Holdings director Michael A. Bless calculated?
The additional 176 Deferred Stock Units were acquired under dividend reinvestment terms. They were credited from a dividend paid at $0.24 per share, consistent with the director award agreement governing these deferred units.
Does the Enact Holdings Form 4 show a market buy or sell by Michael A. Bless?
The Form 4 does not show a market buy or sell; it shows a grant acquisition. The 176 Deferred Stock Units were awarded at $0.00 per unit as part of compensation, not through an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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