Genworth sells Enact shares under April 30, 2025 repurchase deal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genworth Holdings, Inc. reported the sale of 940,819 shares of Enact Holdings, Inc. common stock on 10/31/2025 at $36.1934 per share. The transaction was effected pursuant to a Share Repurchase Agreement dated April 30, 2025.
Following the sale, Genworth beneficially owns 117,010,462 Enact shares and is identified as a Director and 10% Owner. The filing notes Genworth owns approximately 81% of Enact’s outstanding common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 940,819 shares ($34,051,438)
Net Sell
1 txn
Insider
Genworth Holdings, Inc.
Role
10% Owner
Sold
940,819 shs ($34.05M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 940,819 | $36.1934 | $34.05M |
Holdings After Transaction:
Common Stock — 117,010,462 shares (Direct)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Share Repurchase Agreement between Enact Holdings, Inc. (the "Issuer") and Genworth Holdings, Inc. dated as of April 30, 2025 (the "Agreement"). A copy of the Agreement can be found as exhibit 10.1 to the Issuer's Form 10-Q for the quarterly period ended March 31, 2025, on the SEC's website at: https://www.sec.gov/Archives/edgar/data/1823529/000182352925000124/enact-genworthrepurchaseag.htm. Represents a price per share determined pursuant to the terms of the Agreement, based on a weighted average price paid by the Issuer for purchases from third-parties. Genworth Holdings, Inc. owns approximately 81% of the outstanding shares of common stock of the Issuer.
FAQ
What did Genworth Holdings report in this Form 4 for ACT?
A sale of 940,819 Enact common shares on 10/31/2025 at $36.1934 per share.
What is Genworth’s relationship to Enact in this filing?
Genworth is identified as a Director and 10% Owner.
What is the issuer and ticker mentioned?
The issuer is Enact Holdings, Inc. with ticker ACT.
Where can the repurchase agreement be found?
As exhibit 10.1 to Enact’s Form 10‑Q for the quarter ended March 31, 2025 at the SEC link provided.