Enact EVP Converts RSUs, Shares Withheld for Tax
Enact Holdings EVP and General Counsel Evan Stolove reported equity compensation activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
Enact Holdings EVP and General Counsel Evan Stolove reported equity compensation activity involving restricted stock units and common shares. On February 20, 2026, 2,029 restricted stock units were exercised and converted into 2,029 shares of Enact common stock at a price of $0.00 per share.
Following this conversion, Stolove directly owned 39,384 common shares before tax withholding. To satisfy tax obligations on the vested restricted stock units, the company withheld 578 common shares at a price of $41.43 per share, leaving Stolove with 38,806 directly owned common shares after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,029 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,029 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 578 | $41.43 | $24K |
Footnotes (3)
- F1. Each restricted stock unit will settle 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 Restricted Stock Units that vested on February 21, 2026 based on the closing price on February 20, 2026.
- F3. Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 21, 2026.
FAQ
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What insider transactions did Enact Holdings (ACT) report for Evan Stolove?
What does the RSU exercise on Enact (ACT) Form 4 represent?
What is the vesting schedule for Evan Stolove’s Enact (ACT) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.