Genworth trims Enact Holdings (ACT) stake via 634,953-share buyback
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Genworth Holdings, Inc., a major shareholder of Enact Holdings, Inc., reported selling 634,953 shares of Enact common stock on January 30, 2026. The sale was made to Enact under a previously signed Share Repurchase Agreement at a price of $39.3661 per share.
After this transaction, Genworth Holdings beneficially owns 114,588,830 Enact common shares, which represents approximately 81% of Enact’s outstanding common stock. The transaction reflects an internal share repurchase arrangement rather than an open-market sale to third-party investors.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 634,953 shares ($24,995,623)
Net Sell
1 txn
Insider
Genworth Holdings, Inc.
Role
10% Owner
Sold
634,953 shs ($25.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 634,953 | $39.3661 | $25.00M |
Holdings After Transaction:
Common Stock — 114,588,830 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 insider transaction did Genworth Holdings report for Enact Holdings (ACT)?
Genworth Holdings reported a sale of Enact shares under a repurchase deal. It sold 634,953 Enact Holdings common shares on January 30, 2026, in a transaction executed pursuant to a Share Repurchase Agreement directly between Genworth and Enact Holdings.
What is Genworth Holdings ownership stake in Enact after this Form 4 sale?
After the reported sale, Genworth Holdings owns 114,588,830 Enact shares. The filing states this represents approximately 81% of Enact Holdings outstanding common stock, so Genworth remains the controlling shareholder following the transaction.
Who is the reporting person on this Enact Holdings Form 4 filing?
The reporting person is Genworth Holdings, Inc., a more than 10% owner. The form identifies Genworth as beneficially owning about 81% of Enacts common stock, and the signature block is executed on behalf of Genworth by an authorized officer.