Enact Holdings holder Genworth sells 687K shares
Enact Holdings, Inc. (ACT) reports that major shareholder Genworth Holdings, Inc. sold 687,379 shares of Enact common stock on August 31, 2026 in a transaction priced at $49.396 per share, effected under a Share Repurchase Agreement with Enact.
Rhea-AI Filing Summary
Enact Holdings, Inc. (ACT) reports that major shareholder Genworth Holdings, Inc. sold 687,379 shares of Enact common stock on August 31, 2026 in a transaction priced at $49.396 per share, effected under a Share Repurchase Agreement with Enact. After this sale, Genworth holds 110,390,967 shares, representing approximately 81% of Enact’s outstanding common stock.
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Insights
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Insider Trade Summary
Net Seller: 687,379 shares
Net Sell
1 txn
Insider
Genworth Holdings, Inc.
Role
10% Owner
Sold
687,379 shs ($33.95M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 687,379 | $49.396 | $33.95M |
Holdings After Transaction:
Common Stock — 110,390,967 shares (Direct)
Footnotes (3)
- F1. 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 February 2, 2026 (the "Agreement"). A copy of the Agreement can be found as exhibit 99.4 to the Issuer's Form 8-K filed on February 3, 2026, on the SEC's website at: https://www.sec.gov/Archives/edgar/data/1823529/000182352926000003/february2026genworthenacts.htm
- F2. 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.
- F3. Genworth Holdings, Inc. owns approximately 81% of the outstanding shares of common stock of the Issuer.
Key Figures
Shares sold: 687,379 shares of common stock
Sale price: $49.396 per share
Shares owned after transaction: 110,390,967 shares
+2 more
5 metrics
Shares sold
687,379 shares of common stock
Sale by Genworth Holdings, Inc. on August 31, 2026
Sale price
$49.396 per share
Price determined under Share Repurchase Agreement, based on weighted average price
Shares owned after transaction
110,390,967 shares
Genworth Holdings, Inc. holdings after the reported sale
Ownership percentage
approximately 81%
Genworth Holdings, Inc. ownership of Enact outstanding common stock
Transaction direction
Net sell of 687,379 shares
Form 4 transaction summary for Genworth Holdings, Inc.
Key Terms
Share Repurchase Agreement, weighted average price, ten percent owner
3 terms
weighted average price financial
"Represents a price per share determined ... based on a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
ten percent owner regulatory
"Genworth Holdings, Inc. is marked as a ten percent owner"
FAQ
What insider transaction did Enact Holdings (ACT) disclose?
Enact Holdings reported that Genworth Holdings, Inc., a major shareholder, sold 687,379 shares of Enact common stock on August 31, 2026 under a Share Repurchase Agreement with Enact at a price of $49.396 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.