STOCK TITAN

Genworth trims Enact (ACT) stake via issuer share repurchase deal

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Genworth Holdings, Inc.
Role null
Sold 560,453 shs ($23.85M)
Type Security Shares Price Value
Sale Common Stock 560,453 $42.5521 $23.85M
Holdings After Transaction: Common Stock — 112,809,079 shares (Direct, null)
Footnotes (1)
  1. 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 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. Genworth Holdings, Inc. owns approximately 81% of the outstanding shares of common stock of the Issuer.
Shares sold 560,453 shares Common stock sold on April 30, 2026
Sale price $42.5521 per share Price determined under Share Repurchase Agreement
Shares owned after sale 112,809,079 shares Enact common stock held directly by Genworth Holdings
Ownership percentage approximately 81% Genworth’s stake in Enact outstanding common stock
Agreement date February 2, 2026 Date of Share Repurchase Agreement between Enact and Genworth
Share Repurchase Agreement financial
"The sale reported in this Form 4 was effected pursuant to a Share Repurchase Agreement between Enact Holdings, Inc. and Genworth Holdings, Inc."
A share repurchase agreement is a contract where a company agrees to buy back its own shares from existing holders under specified terms, such as price and timing. For investors this matters because buying back shares reduces the number of shares available, which can increase earnings per share and raise the value of remaining shares, but it also uses the company’s cash—similar to a store buying back products to shrink supply and potentially lift prices.
weighted average price financial
"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."
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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 8-K regulatory
"A copy of the Agreement can be found as exhibit 99.4 to the Issuer's Form 8-K filed on February 3, 2026"
A Form 8-K is a report that companies file with the government to share important news quickly, such as changes in leadership, major business deals, or financial updates. It matters because it helps investors stay informed about significant events that could affect the company's value or stock price.
outstanding shares of common stock financial
"Genworth Holdings, Inc. owns approximately 81% of the outstanding shares of common stock of the Issuer."
SEC Form 4
FORM 4UNITED 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*
Genworth Holdings, Inc.

(Last)(First)(Middle)
11011 WEST BROAD STREET

(Street)
GLEN ALLEN VIRGINIA 23060

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Enact Holdings, Inc. [ ACT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026S(1)560,453D$42.5521(2)112,809,079D(3)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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
2. 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.
3. Genworth Holdings, Inc. owns approximately 81% of the outstanding shares of common stock of the Issuer.
Remarks:
/s/ Lisa J. Baldyga, Vice President and Treasurer on behalf of Genworth Holdings, Inc.05/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What transaction did Genworth Holdings report in its Enact (ACT) Form 4 filing?

Genworth Holdings reported selling 560,453 shares of Enact common stock. The transaction was recorded as an open-market sale at $42.5521 per share, executed under a Share Repurchase Agreement between Enact Holdings, Inc. and Genworth Holdings dated February 2, 2026.

How many Enact (ACT) shares does Genworth Holdings own after this Form 4 transaction?

After the reported sale, Genworth Holdings directly owns 112,809,079 shares of Enact common stock. The filing also states that Genworth Holdings owns approximately 81% of Enact’s outstanding common stock, indicating it remains the company’s controlling shareholder following this transaction.

At what price did Genworth Holdings sell Enact (ACT) shares in this Form 4?

The reported sale price was $42.5521 per share for Enact common stock. According to the filing, this per-share price was determined under the Share Repurchase Agreement, based on a weighted average price Enact paid for its purchases from third-party sellers in the market.

Was the Enact (ACT) Form 4 sale part of a share repurchase agreement?

Yes. The sale was effected under a Share Repurchase Agreement between Enact Holdings, Inc. and Genworth Holdings, Inc. dated February 2, 2026. The agreement governed the repurchase terms, including the price, and is referenced as an exhibit to Enact’s Form 8-K filed February 3, 2026.

Does Genworth Holdings remain a controlling shareholder of Enact (ACT) after this sale?

Genworth Holdings remains a controlling shareholder after the sale. The Form 4 notes that Genworth owns approximately 81% of Enact’s outstanding common stock, even after selling 560,453 shares, and it continues to hold 112,809,079 Enact common shares directly.