Enact director granted 201 deferred stock units
Enact Holdings, Inc. director Sheila Hooda reported an acquisition of 201 Deferred Stock Units tied to the company’s common stock.
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Form Type
4
Rhea-AI Filing Summary
Enact Holdings, Inc. director Sheila Hooda reported an acquisition of 201 Deferred Stock Units tied to the company’s common stock. These units were granted at a price of $0.00 per unit and resulted from dividend reinvestment on a dividend paid at $0.24 per share. Following this award, Hooda directly holds 34,846.248 Deferred Stock Units, which will be settled in common shares one year after her service as a director ends.
Insider Trade Summary
Grant/Award: 201 shares
Grant/Award
1 txn
Insider
Hooda Sheila
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 201 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 34,846.248 contracts (Direct)
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: 201 units
Grant price per unit: $0.00 per unit
Deferred units after transaction: 34,846.248 units
+2 more
5 metrics
Deferred Stock Units granted
201 units
Grant/award acquisition on June 18, 2026
Grant price per unit
$0.00 per unit
Deferred Stock Units award to director
Deferred units after transaction
34,846.248 units
Total Deferred Stock Units following the award
Dividend rate
$0.24 per share
Dividend on June 18, 2026 used for reinvestment
Underlying security
201 common shares
Underlying Enact Holdings common stock for the units
Key Terms
Deferred Stock Units, director award agreement, derivative
3 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."
derivative financial
"The transaction is classified as a derivative acquisition of Deferred Stock Units linked to common stock."
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Enact Holdings (ACT) report for Sheila Hooda?
Enact Holdings reported that director Sheila Hooda acquired 201 Deferred Stock Units. These units were awarded at $0.00 per unit through dividend reinvestment on a $0.24 per share dividend, increasing her total deferred holdings to 34,846.248 units linked to common stock.
How many Enact Holdings Deferred Stock Units does Sheila Hooda hold after this Form 4?
After this transaction, Sheila Hooda holds 34,846.248 Deferred Stock Units. These units represent rights to receive Enact Holdings common stock and will become payable in shares one year after her service as a director ends, according to the terms described in the filing footnotes.
What is the nature of the Deferred Stock Units reported for Enact Holdings (ACT)?
The Deferred Stock Units are derivative awards that convert into Enact Holdings common stock. They become payable in shares one year after Sheila Hooda’s termination of service as a director, functioning as deferred compensation rather than immediate share ownership or open-market purchases or sales.
How were the additional Enact Holdings Deferred Stock Units for Sheila Hooda generated?
The additional 201 Deferred Stock Units were acquired under director award agreement reinvestment terms. They resulted from a dividend paid on June 18, 2026, at $0.24 per share, effectively reinvesting cash dividends into additional deferred units instead of direct cash payment.
Does this Enact Holdings (ACT) Form 4 reflect an open-market stock purchase or sale?
This Form 4 does not reflect an open-market purchase or sale. It reports a grant-type acquisition of 201 Deferred Stock Units at $0.00 per unit through dividend reinvestment, a compensation-related event rather than a discretionary market trade by director Sheila Hooda.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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