[Form 4] Enact Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Mitchell H. Elizabeth, a director of Enact Holdings, Inc. (ACT), reported an acquisition of deferred stock units on 09/08/2025. The filing shows 31 Deferred Stock Units (DSUs) were acquired on that date under the director award arrangement as a result of reinvestment from a dividend paid on 09/08/2025 at $0.21 per share. The DSUs convert into shares of common stock one year after the director's service termination. Following the reported transaction, the reporting person beneficially owned 5,657.256 shares (direct).

Positive

• Director received equity-based compensation through dividend reinvestment, maintaining alignment with shareholders

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director dividend reinvestment created a small equity grant; immaterial to company capital structure.

The Form 4 documents a non-derivative acquisition of 31 Deferred Stock Units tied to a dividend reinvestment at $0.21 per share. DSUs are payable in common stock one year after termination of service, which preserves current dilution until conversion. The holding reported (5,657.256 shares) is provided as a direct beneficial ownership figure. There are no cash option exercises, dispositions, or other unusual transactions disclosed.

Corporate Governance Expert

TL;DR: Standard director compensation mechanics executed; disclosure is complete and routine.

The disclosure indicates use of director award plan and dividend reinvestment provisions to augment deferred compensation. The signature by power of attorney and timely filing suggest standard administrative processing. The DSU vesting/payable condition (one year after service termination) is explicitly stated, clarifying conversion timing for governance assessment.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mitchell H Elizabeth

(Last) (First) (Middle)

C/O ENACT HOLDINGS, INC.

8325 SIX FORKS ROAD

(Street)

RALEIGH NC 27615

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Enact Holdings, Inc. [ ACT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	09/08/2025		A		31		(1)	(1)	Common Stock	31	$0(2)	5,657.256	D

Explanation of Responses:

1. Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director.

2. Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on September 8, 2025, at $0.21 per share.

Remarks:

	/s/ Joe Jacumin, by power of attorney	09/10/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Mitchell H. Elizabeth report on Form 4 for ACT?

The report discloses acquisition of 31 Deferred Stock Units (DSUs) on 09/08/2025, acquired via dividend reinvestment.

How and when do the Deferred Stock Units convert to Enact Holdings common stock?

The DSUs become payable in shares of common stock one year after termination of service as a director.

What dividend price was used to calculate the additional deferred stock units?

The filing states reinvestment was from a dividend paid on 09/08/2025 at $0.21 per share.

How many shares does the reporting person beneficially own after the transaction?

The filing reports beneficial ownership of 5,657.256 shares (direct) following the transaction.

Who signed the Form 4 filing and when was it signed?

The Form 4 was signed by Joe Jacumin, by power of attorney on 09/10/2025.