Genworth sells Enact shares in repurchase deal
Genworth Holdings, Inc., the controlling stockholder of Enact Holdings, Inc., reported an open-market style sale of 820,567 shares of Enact common stock on March 31, 2026 at an average price of $40.9224 per share.
Rhea-AI Filing Summary
Genworth Holdings, Inc., the controlling stockholder of Enact Holdings, Inc., reported an open-market style sale of 820,567 shares of Enact common stock on March 31, 2026 at an average price of $40.9224 per share.
The transaction was effected under a Share Repurchase Agreement between Enact and Genworth dated February 2, 2026. After this sale, Genworth directly holds 113,369,532 Enact shares and owns approximately 81% of Enact’s outstanding common stock, so the sale represents a small portion of its overall stake.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 820,567 | $40.9224 | $33.58M |
Footnotes (3)
- F1. The sale reported in this Form 4 was effected pursuant to a Share Repurchase Agreement between Enact Holdings, Inc. (the "Issuer") and Genworth Holdings, Inc. dated as of February 2, 2026 (the "Agreement"). A copy of the Agreement can be found as exhibit 99.4 to the Issuer's Form 8-K filed on February 3, 2026, on the SEC's website at: https://www.sec.gov/Archives/edgar/data/1823529/000182352926000003/february2026genworthenacts.htm
- F2. Represents a price per share determined pursuant to the terms of the Agreement, based on a weighted average price paid by the Issuer for purchases from third-parties.
- F3. Genworth Holdings, Inc. owns approximately 81% of the outstanding shares of common stock of the Issuer.
Key Figures
Key Terms
weighted average price financial
open-market sale financial
ten percent owner financial
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