Genworth Holdings sells Enact shares to issuer
Genworth Holdings, Inc., a major shareholder of Enact Holdings, Inc., reported an open-market sale of 560,453 shares of Enact common stock.
Rhea-AI Filing Summary
Genworth Holdings, Inc., a major shareholder of Enact Holdings, Inc., reported an open-market sale of 560,453 shares of Enact common stock. The shares were sold at $42.5521 per share under a Share Repurchase Agreement between Enact and Genworth dated February 2, 2026.
Following this transaction, Genworth Holdings directly owns 112,809,079 Enact shares and, according to the filing, holds approximately 81% of Enact’s outstanding common stock. The sale price was determined pursuant to the Agreement based on a weighted average price paid by Enact for purchases from third parties.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 560,453 | $42.5521 | $23.85M |
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
open-market sale financial
Form 8-K regulatory
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What transaction did Genworth Holdings report in its Enact (ACT) Form 4 filing?
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