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

Rhea-AI Filing Summary

Enact Holdings insider reported receipt of restricted stock units (RSUs) by Mitchell Hardin Dean, EVP, CFO and Treasurer. On 09/08/2025 Mr. Dean was awarded or received additional RSUs that will settle 1:1 into common stock. The filing lists three RSU transactions of 38, 67 and 82 units credited on 09/08/2025 related to dividend reinvestment terms at a dividend of $0.21 per share paid the same day. Each RSU converts to one share of common stock when vested; the reported beneficial ownership following each reported transaction is 7,057, 12,445 and 15,115 shares, respectively. The RSU grants have staggered vesting schedules: vesting in three equal annual installments beginning on 02/09/2024, 02/16/2025 and 02/21/2026 for the respective awards. The Form 4 is signed by a power of attorney on behalf of the reporting person on 09/10/2025.

Positive

• Insider alignment: RSUs convert 1:1 to common stock, tying executive compensation to shareholder value
• Transparency: Filing discloses vesting schedules and the dividend reinvestment origin of additional units

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Officer received modest incremental RSUs from dividend reinvestment with standard multi-year vesting.

The filing documents non-derivative equity increases for the CFO via restricted stock units settled 1:1 into common stock. The additional units (38, 67, 82) appear to result from dividend reinvestment mechanics, not a discretionary large grant, and each award follows multi-year vesting schedules. From a governance perspective this is routine insider compensation and ownership maintenance activity that aligns executive incentives with shareholder outcomes over time. The use of a power of attorney to file is common and the filing discloses the vesting commencement dates explicitly.

Securities Analyst

TL;DR: Incremental share count impact is immaterial to capitalization but increases insider stake gradually.

The reported RSU amounts are small (totaling 187 units) and the post-transaction beneficial ownership figures are provided per line (7,057; 12,445; 15,115). These increments are insufficient to materially dilute existing shareholders or alter control dynamics. They do, however, modestly increase the reporting officer's alignment with equity performance as the awards convert to common stock upon vesting. All amounts are disclosed with zero exercise price per the RSU structure.

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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hours per response:			0.5

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^*

Mitchell Hardin Dean

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO and Treasurer

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
Restricted Stock Units	(1)	09/08/2025		A		38		(2)	(2)	Common Stock	38	$0(3)	7,057	D
Restricted Stock Units	(1)	09/08/2025		A		67		(4)	(4)	Common Stock	67	$0(3)	12,445	D
Restricted Stock Units	(1)	09/08/2025		A		82		(5)	(5)	Common Stock	82	$0(3)	15,115	D

Explanation of Responses:

1. Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis.

2. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 9, 2024

3. 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 September 8, 2025.

4. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 16, 2025

5. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 21, 2026

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 transactions did Mitchell Hardin Dean report on the Form 4 for ACT?

The filing reports receipt of restricted stock units (RSUs) of 38, 67 and 82 on 09/08/2025, which settle 1:1 into common stock.

Why were the additional RSUs granted on 09/08/2025?

The filing states the additional RSUs were acquired pursuant to reinvestment terms in the RSU award agreement resulting from a quarterly dividend of $0.21 per share paid on 09/08/2025.

When do the reported RSUs vest and convert to Enact common stock?

The three RSU awards vest and convert in three equal annual installments beginning on 02/09/2024, 02/16/2025 and 02/21/2026, respectively.

How many shares did the reporting person beneficially own after the transactions?

The filing lists post-transaction beneficial ownership amounts of 7,057, 12,445 and 15,115 shares corresponding to each reported line.

Was there a cash price paid for these RSUs?

No price is reported for the RSUs; the filing shows an effective price of $0 consistent with restricted stock unit settlement terms.