Director at Enact (ACT) receives 30 new deferred stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enact Holdings director Elizabeth H. Mitchell reported an acquisition of 30 Deferred Stock Units linked to Enact common stock. These units were granted at a price of $0.00 per unit and increase her direct deferred stock unit balance to 5,718.256 units after the transaction.
According to accompanying notes, the additional deferred stock units were acquired under the director award agreement’s reinvestment terms from a dividend paid on March 19, 2026 at $0.21 per share. The deferred stock units become payable in shares of common stock one year after her termination of service as a director.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mitchell H Elizabeth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 30 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 5,718.256 shares (Direct)
Footnotes (1)
- Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director. Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on March 19, 2026, at $0.21 per share.
FAQ
What insider transaction did Enact Holdings (ACT) report for Elizabeth H. Mitchell?
Elizabeth H. Mitchell reported an acquisition of 30 Deferred Stock Units. These derivative awards relate to Enact common stock and were granted at no cost, increasing her deferred stock unit holdings to 5,718.256 units following the transaction disclosed in the Form 4 filing.
How many Enact (ACT) deferred stock units does Elizabeth H. Mitchell hold after this Form 4?
After the reported transaction, she holds 5,718.256 Deferred Stock Units. The filing shows a grant of 30 additional units, which are tied to Enact common stock and accumulate as part of her director compensation and dividend reinvestment arrangements.
What are the key terms of Elizabeth H. Mitchell’s Enact (ACT) deferred stock units?
The deferred stock units become payable in common stock one year after she leaves the board. They represent a right to receive Enact shares in the future, functioning as deferred compensation rather than immediate stock ownership or cash payment.
How were the new Enact (ACT) deferred stock units for Elizabeth H. Mitchell generated?
The additional deferred stock units were acquired through dividend reinvestment. The footnotes state they were issued under the director award agreement’s reinvestment terms from a dividend paid on March 19, 2026, calculated at a dividend rate of $0.21 per share.
Does Elizabeth H. Mitchell’s Enact (ACT) Form 4 show a market purchase or sale?
No, the Form 4 reflects a grant/award acquisition of derivative units, not an open-market trade. The 30 Deferred Stock Units were issued at a price of $0.00 per unit and arise from compensation and dividend reinvestment terms rather than buying or selling shares.