Enact CEO converts units, withholds shares for tax
Enact Holdings, Inc. President and CEO Rohit Gupta reported equity award activity involving Performance Stock Units and common stock.
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Rhea-AI Filing Summary
Enact Holdings, Inc. President and CEO Rohit Gupta reported equity award activity involving Performance Stock Units and common stock. On February 24, 2026, 190,594 Performance Stock Units granted on February 9, 2023 vested and converted into 190,594 shares of common stock on a 1:1 basis. To cover tax withholding obligations from this vesting, 82,795 common shares were withheld at a price of $41.46 per share. After these transactions, Gupta directly owned 518,179 shares of Enact common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 190,594 | $0.00 | $0.00 |
| Exercise | Common Stock | 190,594 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 82,795 | $41.46 | $3.43M |
Footnotes (3)
- F1. Reflects Performance Stock Units that were granted on February 9, 2023 and settled into shares of Issuer Common Stock on a 1:1 basis.
- F2. The Company withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Performance Stock Units that vested on February 24, 2026.
- F3. Performance Stock Units vested and converted to Common Stock on February 24, 2026.
FAQ
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What insider transactions did Enact Holdings (ACT) CEO Rohit Gupta report?
How many Enact Holdings (ACT) Performance Stock Units vested for the CEO?
Were the Enact Holdings (ACT) CEO’s transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.