Genworth sells 523,226 Enact shares back to Enact
Genworth Holdings, Inc., a major shareholder of Enact Holdings, Inc., reported selling 523,226 shares of Enact common stock on July 31, 2026.
Rhea-AI Filing Summary
Genworth Holdings, Inc., a major shareholder of Enact Holdings, Inc., reported selling 523,226 shares of Enact common stock on July 31, 2026. The sale was made to Enact pursuant to a Share Repurchase Agreement dated February 2, 2026, at a price of $45.9192 per share, determined as a weighted average under the agreement’s terms. Following this transaction, Genworth holds 111,078,346 Enact shares, representing approximately 81% of Enact’s outstanding common stock. The filing indicates the transaction was not executed under a Rule 10b5-1 trading plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 523,226 | $45.9192 | $24.03M |
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
Key Terms
weighted average price financial
ten percent owner financial
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What transaction did Genworth report in its Form 4 for Enact Holdings (ACT)?
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