Enact Holdings (ACT) EVP adds RSUs from $0.24 dividend reinvestment awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enact Holdings EVP & Chief Operations Officer Brian Gould reported routine equity compensation activity involving restricted stock units (RSUs). On June 18, 2026, he received RSU grants of 23, 19, and 12 units, each settling into one share of Enact common stock on a 1:1 basis.
The footnotes state these additional RSUs were acquired under dividend reinvestment terms tied to a quarterly cash dividend of $0.24 per share paid on June 18, 2026. The RSUs vest and convert into common stock in three equal annual installments starting on February 16, 2025, February 21, 2026, and February 13, 2027, respectively, reflecting ongoing multi‑year equity incentives rather than open‑market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Gould Brian
Role
EVP & Chief Operations Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 19 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 23 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,020 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 16, 2025. Additional restricted stock units acquired pursuant to reinvestment terms in the restricted stock unit award agreement resulting from a quarterly dividend at $0.24 per share, paid on June 18, 2026. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 21, 2026. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 13, 2027.
Key Figures
RSU grant 1: 23 restricted stock units
RSU grant 2: 19 restricted stock units
RSU grant 3: 12 restricted stock units
+4 more
7 metrics
RSU grant 1
23 restricted stock units
Grant/award acquisition on June 18, 2026
RSU grant 2
19 restricted stock units
Grant/award acquisition on June 18, 2026
RSU grant 3
12 restricted stock units
Grant/award acquisition on June 18, 2026
Dividend amount
$0.24 per share
Quarterly dividend paid on June 18, 2026
Vesting start date 1
February 16, 2025
First RSU award vests in three annual installments
Vesting start date 2
February 21, 2026
Second RSU award vests in three annual installments
Vesting start date 3
February 13, 2027
Third RSU award vests in three annual installments
Key Terms
Restricted Stock Units, grant/award acquisition, dividend reinvestment, vest and convert to Common Stock
4 terms
Restricted Stock Units financial
"Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant/award acquisition financial
"transaction_action: grant/award acquisition for each RSU transaction on June 18, 2026."
dividend reinvestment financial
"Additional restricted stock units acquired pursuant to reinvestment terms in the restricted stock unit award agreement resulting from a quarterly dividend 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.
vest and convert to Common Stock financial
"Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 16, 2025."
FAQ
What did Enact Holdings (ACT) EVP Brian Gould report in this Form 4?
Brian Gould reported routine equity compensation activity, receiving several small restricted stock unit grants. These RSUs arise from dividend reinvestment features in his award agreements, rather than open-market stock purchases or sales, and will vest into common shares over multiple future years.
How many restricted stock units did Brian Gould acquire at Enact Holdings (ACT)?
He acquired RSU grants of 23, 19, and 12 units on the same date. Each restricted stock unit represents the right to receive one share of Enact common stock, subject to time-based vesting conditions specified in the award agreements and related footnotes.
Are the Enact Holdings (ACT) RSU transactions open-market buys or sells?
These transactions are not open-market buys or sells; they are classified as grant or award acquisitions. The RSUs were added under the terms of Gould’s existing equity awards, including dividend reinvestment provisions, with no market purchase or sale of shares reported.
How do Brian Gould’s Enact (ACT) RSUs from this filing vest?
The RSUs vest and convert into Enact common stock in three equal annual installments. According to the footnotes, the respective award schedules begin on February 16, 2025, February 21, 2026, and February 13, 2027, creating a staggered, multi-year vesting structure.
What role did Enact Holdings’ (ACT) dividend play in these RSU grants?
A quarterly dividend of $0.24 per share, paid on June 18, 2026, triggered additional RSUs under dividend reinvestment terms. Instead of receiving cash on some award shares, Gould received extra restricted stock units that will later convert into Enact common stock as they vest.
Does this Enact (ACT) Form 4 indicate a change in Brian Gould’s trading intentions?
The filing reflects routine RSU award activity tied to compensation and dividend reinvestment, not discretionary trading. There are no reported open-market purchases or sales, suggesting the update is administrative compensation-related rather than a shift in trading behavior or outlook.