Enact director awarded 348 deferred stock units
Enact Holdings, Inc. director and board chair Dominic James Addesso reported a routine equity award in the form of 348 Deferred Stock Units, granted at a conversion price of $0.00 per unit and linked to a dividend paid at $0.24 per share.
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Form Type
4
Rhea-AI Filing Summary
Enact Holdings, Inc. director and board chair Dominic James Addesso reported a routine equity award in the form of 348 Deferred Stock Units, granted at a conversion price of $0.00 per unit and linked to a dividend paid at $0.24 per share. After this grant, he directly holds 7,068.983 Deferred Stock Units, each payable in common stock one year after his board service ends. He also has indirect deferred stock unit interests representing 20,650, 24,177, and 9,293 underlying shares of common stock through an LLC and trust-related holdings.
Insider Trade Summary
Grant/Award: 348 shares
Grant/Award
4 txns
Insider
Addesso Dominic James
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 348 | $0.00 | $0.00 |
| holding | Deferred Stock Units | -- | -- | -- |
| holding | Deferred Stock Units | -- | -- | -- |
| holding | Deferred Stock Units | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 7,068.983 contracts (Direct);
Deferred Stock Units — 9,293 contracts (Indirect, Deborah Addesso, in her individual capacity);
Deferred Stock Units — 24,177 contracts (Indirect, Deborah Addesso Exempt Irrevocable Trust f/b/o Dominic dated December 28, 2021);
Deferred Stock Units — 20,650 contracts (Indirect, By D.J. Addesso Holdings, LLC)
Footnotes (2)
- F1. Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director.
- F2. 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 granted: 348 units
Direct DSU holdings after grant: 7,068.983 units
Indirect DSUs via LLC: 20,650 underlying shares
+4 more
7 metrics
Deferred stock units granted
348 units
Grant/award acquisition on June 18, 2026
Direct DSU holdings after grant
7,068.983 units
Deferred Stock Units held directly by Dominic Addesso
Indirect DSUs via LLC
20,650 underlying shares
Deferred Stock Units held by D.J. Addesso Holdings, LLC
Indirect DSUs via trust
24,177 underlying shares
Deferred Stock Units held by Deborah Addesso Exempt Irrevocable Trust
Indirect DSUs via spouse
9,293 underlying shares
Deferred Stock Units held by Deborah Addesso individually
Dividend per share
$0.24 per share
Dividend on June 18, 2026 used for DSU reinvestment
DSU conversion price
$0.00
Conversion/exercise price for Deferred Stock Units
Key Terms
Deferred Stock Units, director award agreement, dividend reinvestment, Exempt Irrevocable Trust
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.
Exempt Irrevocable Trust financial
"Deborah Addesso Exempt Irrevocable Trust f/b/o Dominic dated December 28, 2021"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Enact Holdings (ACT) report for Dominic Addesso?
Enact Holdings reported that board chair Dominic James Addesso received an award of 348 Deferred Stock Units. These units are a form of equity compensation that convert into common stock after he leaves the board, with no cash purchase involved.
How many Enact Holdings deferred stock units does Dominic Addesso hold after this filing?
Following the reported grant, Dominic Addesso directly holds 7,068.983 Deferred Stock Units. These units are in addition to several indirect positions held through an LLC and trust-related arrangements that reference larger blocks of underlying Enact common shares.
Are the Enact Holdings (ACT) transactions open-market buys or sells?
No, the Form 4 shows a grant of 348 Deferred Stock Units as compensation, not an open-market purchase or sale. The other entries are updates to indirect holdings, so the filing does not reflect discretionary trading in Enact’s common stock.
What do the Enact Holdings deferred stock units pay out and when?
The deferred stock units become payable in shares of Enact common stock one year after the director’s service ends. This means Dominic Addesso receives stock, not cash, at that future time, aligning part of his compensation with long-term shareholder value.
How are dividends reflected in Dominic Addesso’s Enact deferred stock units?
The filing notes that additional deferred stock units were acquired under dividend reinvestment terms tied to a June 18, 2026 dividend of $0.24 per share. Instead of cash, those dividends increased his deferred unit balance under the director award agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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