[Form 4] Enact Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Enact Holdings executive Brian Gould, EVP & Chief Operations Officer, acquired a total of 63 restricted stock units (RSUs) on 09/08/2025 that will settle 1:1 into common shares of Enact Holdings (ticker: ACT). The filing lists three separate RSU awards of 14, 22 and 27 units, each shown with a $0 per-share price because they are restricted units rather than open-market purchases. The report also notes additional RSUs were granted pursuant to reinvestment terms tied to a quarterly dividend of $0.21 per share. The RSUs have staged vesting schedules that convert to common stock in three equal annual installments starting on specified February dates for each award.

Positive

• 63 RSUs granted (14 + 22 + 27) that will convert 1:1 into common stock, reinforcing executive equity ownership
• Dividend reinvestment generated additional RSUs tied to a quarterly dividend of $0.21, aligning pay with shareholder returns
• Staged vesting in three equal annual installments supports executive retention over multiple years

Negative

• None.

Insights

Securities Analyst

TL;DR Routine insider receipt of vested restricted stock units totaling 63 shares; immaterial to capital structure but confirms insider equity alignment.

The Form 4 documents non-derivative economics: 63 RSUs were reported as acquired by the EVP & COO and will convert 1:1 into common stock under existing vesting schedules. The awards include dividend reinvestment credits tied to a $0.21 quarterly dividend, which produced additional RSUs. This is a standard compensation and dividend reinvestment disclosure rather than a market-facing transaction such as an open-market sale or significant acquisition.

Corporate Governance Expert

TL;DR Insider retention through RSUs—common governance practice with no disclosed change to executive role or material governance events.

The filing shows continued use of restricted stock unit awards and dividend reinvestment provisions to align executive incentives with shareholders. Vesting is structured over three annual installments for each award, indicating multi-year retention design. There are no disclosures here of option exercises, sales, or changes in control provisions that would indicate a material governance shift.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Gould Brian

(Last) (First) (Middle)

C/O ENACT HOLDINGS, INC.

8325 SIX FORKS ROAD

(Street)

RALEIGH NC 27615

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Enact Holdings, Inc. [ ACT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Operations Officer

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	09/08/2025		A		14		(2)	(2)	Common Stock	14	$0(3)	2,595	D
Restricted Stock Units	(1)	09/08/2025		A		22		(4)	(4)	Common Stock	22	$0(3)	3,984	D
Restricted Stock Units	(1)	09/08/2025		A		27		(5)	(5)	Common Stock	27	$0(3)	4,838	D

Explanation of Responses:

1. Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis.

2. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 9, 2024

3. Additional restricted stock units acquired pursuant to reinvestment terms in the restricted stock unit award agreement resulting from a quarterly dividend at $0.21 per share, paid on September 8, 2025.

4. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 16, 2025

5. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 21, 2026

Remarks:

	/s/ Joe Jacumin, by power of attorney	09/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What transactions did Brian Gould report on Form 4 for Enact Holdings (ACT)?

The Form 4 reports acquisition of 63 restricted stock units (RSUs) on 09/08/2025, in three awards of 14, 22 and 27 RSUs that convert 1:1 into common stock.

What is Brian Gould's role at Enact Holdings?

The filing lists Brian Gould as EVP & Chief Operations Officer and an officer of the issuer.

Did the Form 4 show any cash purchase price for the RSUs?

No; each reported RSU has a $0 price per unit, reflecting restricted stock units rather than an open-market purchase.

How do the RSUs vest according to the filing?

Each RSU award vests and converts to common stock in three equal annual installments starting on the specified February dates for each grant (2024, 2025, and 2026 as noted).

Was dividend reinvestment involved in these RSU changes?

Yes; the filing states additional RSUs were acquired pursuant to reinvestment terms due to a quarterly dividend of $0.21 per share paid on 09/08/2025.