Enact Holdings (ACT) director receives grant of 3,939.7910 deferred stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STILL DEBRA reported acquisition or exercise transactions in this Form 4 filing.
Enact Holdings, Inc. director Debra Still received a grant of Deferred Stock Units as part of her board compensation. She was awarded 3,939.7910 Deferred Stock Units, based on a price of $43.149 per share of Common Stock. Following the grant, she holds 34,645.2480 Deferred Stock Units. These units are payable in shares of Common Stock one year after her termination of service as a director, so they function as deferred equity compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STILL DEBRA
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 3,939.791 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 34,645.248 shares (Direct, null)
Footnotes (1)
- Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director. The number of Deferred Stock Units acquired represents a portion of the Reporting Person's annual retainer fee and was based on a price of $43.149 per share of Common Stock.
Key Figures
Deferred Stock Units granted: 3,939.7910 units
Total Deferred Stock Units after grant: 34,645.2480 units
Reference share price: $43.149 per share
+1 more
4 metrics
Deferred Stock Units granted
3,939.7910 units
Grant to director Debra Still on 2026-05-13
Total Deferred Stock Units after grant
34,645.2480 units
Holdings following reported transaction
Reference share price
$43.149 per share
Basis for calculating number of Deferred Stock Units
Transaction code
A (grant, award, or other acquisition)
Indicates equity compensation grant, not open-market trade
Key Terms
Deferred Stock Units, annual retainer fee, Common Stock, Grant, award, or other acquisition
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.
annual retainer fee financial
"The number of Deferred Stock Units acquired represents a portion of the Reporting Person's annual retainer fee and was based on a price of $43.149 per share of Common Stock."
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.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Enact Holdings (ACT) report for Debra Still?
Enact Holdings reported that director Debra Still received a grant of 3,939.7910 Deferred Stock Units. This award represents part of her annual retainer fee for board service and increases her total Deferred Stock Unit holdings to 34,645.2480 units.
Was the Enact Holdings (ACT) Form 4 transaction a stock purchase or compensation grant?
The Form 4 shows a compensation grant, not an open-market stock purchase. Debra Still received Deferred Stock Units with a transaction code "A" (grant or award), representing a portion of her annual retainer fee, rather than buying shares in the market.
How many Deferred Stock Units does Debra Still hold after this Enact (ACT) grant?
After the reported grant, Debra Still holds 34,645.2480 Deferred Stock Units. This total includes the newly awarded 3,939.7910 units, which were added to her existing balance as part of her ongoing equity-based compensation for board service.
At what reference price were Debra Still’s Enact (ACT) Deferred Stock Units calculated?
The number of Deferred Stock Units granted to Debra Still was calculated using a reference price of $43.149 per share of Enact common stock. This price determined how many units she received in exchange for a portion of her annual retainer fee.
When do Debra Still’s Enact (ACT) Deferred Stock Units become payable?
Debra Still’s Deferred Stock Units become payable in shares of Common Stock one year after her termination of service as a director. Until then, the units remain as deferred equity and do not settle into actual common shares.
What does the A code mean in Debra Still’s Enact (ACT) Form 4 filing?
The "A" transaction code in Debra Still’s Form 4 indicates a grant, award, or other acquisition. In this case, it refers to the issuance of Deferred Stock Units as part of her director compensation, rather than any open-market trading activity.