Enact Holdings (ACT) director adds 56 deferred stock units via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enact Holdings, Inc. director Elizabeth Mitchell reported an automatic acquisition of deferred stock units tied to a dividend reinvestment. She received 56.0000 deferred stock units at a price of $0.0000 per unit, increasing her holdings in these derivative units to 9,714.0470.
The units represent an equivalent number of shares of common stock and were acquired pursuant to reinvestment terms under a director award agreement from a dividend paid at $0.24 per share on June 18, 2026. These 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
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 56 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 9,714.047 shares (Direct, null)
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 June 18, 2026, at $0.24 per share.
Key Figures
Deferred stock units acquired: 56.0000 units
Deferred stock units after transaction: 9,714.0470 units
Dividend per share: $0.24 per share
+1 more
4 metrics
Deferred stock units acquired
56.0000 units
Grant/award acquisition on June 18, 2026
Deferred stock units after transaction
9,714.0470 units
Total holdings following transaction
Dividend per share
$0.24 per share
Dividend paid on June 18, 2026 used for reinvestment
Transaction price per unit
$0.0000
Deferred stock units granted at no cash cost
Key Terms
Deferred Stock Units, director award agreement, dividend reinvestment, underlying security
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.
director award agreement financial
"Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on June 18, 2026, at $0.24 per share."
dividend reinvestment financial
"Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on June 18, 2026, at $0.24 per share."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
underlying security financial
"underlying_security_title: Common Stock; underlying_security_shares: 56.0000"
FAQ
What did Enact Holdings (ACT) director Elizabeth Mitchell report on this Form 4?
Elizabeth Mitchell reported an automatic acquisition of 56 deferred stock units. These units were credited at no cost through dividend reinvestment and increase her deferred stock unit holdings to 9,714.047, which will convert into common shares after she leaves the board.
How many Enact Holdings (ACT) deferred stock units does Elizabeth Mitchell now hold?
After this transaction, Elizabeth Mitchell holds 9,714.047 deferred stock units. Each unit is tied to an equivalent share of Enact common stock and will be payable in stock one year after her termination of service as a director, under plan terms.
What was the size and price of the deferred stock unit grant for Enact Holdings (ACT)?
The filing shows a grant of 56.0000 deferred stock units at $0.0000 per unit. These additional units were acquired through reinvestment of a dividend paid at $0.24 per share, consistent with the director award agreement’s dividend reinvestment provisions.
When will Elizabeth Mitchell’s Enact Holdings (ACT) deferred stock units be paid out?
The deferred stock units become payable in Enact common stock one year after her termination of service as a director. Until then, they remain as deferred stock units, accumulating through dividend reinvestments under the director award agreement.
How were the new Enact Holdings (ACT) deferred stock units for Elizabeth Mitchell created?
The new deferred stock units were acquired pursuant to dividend reinvestment terms. A dividend paid on June 18, 2026 at $0.24 per share generated 56.0000 additional deferred stock units credited to Mitchell under the director award agreement.