Enact Holdings (ACT) EVP settles RSUs, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enact Holdings executive Evan Stolove, EVP, General Counsel & Secretary, reported equity compensation activity involving restricted stock units and common stock. On February 9, 2026, 3,170 restricted stock units converted into 3,170 shares of common stock on a 1:1 basis. To cover tax withholding on these vested units, the company withheld 1,070 shares of common stock at a price of $42.39 per share. After these transactions, Stolove directly owned 35,561 shares of Enact Holdings common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,170 shares exercised/converted
Mixed
3 txns
Insider
Stolove Evan
Role
EVP, Gen. Counsel & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,170 | $0.00 | -- |
| Exercise | Common Stock | 3,170 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,070 | $42.39 | $45K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 36,631 shares (Direct)
Footnotes (1)
- Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis. The Company withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on February 9, 2026 Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 9, 2024
FAQ
What insider transaction did Enact Holdings (ACT) report for Evan Stolove?
Enact Holdings reported that EVP, General Counsel & Secretary Evan Stolove had 3,170 restricted stock units convert into 3,170 shares of common stock, with 1,070 shares withheld to satisfy tax obligations related to the vesting on February 9, 2026.
What does the RSU conversion in Enact Holdings (ACT) Form 4 mean?
The Form 4 shows 3,170 restricted stock units converting into 3,170 Enact Holdings common shares on a 1:1 basis. These units are part of equity compensation and vest in three equal annual installments starting February 9, 2024, with settlement into common stock upon vesting.
What transaction codes M and F indicate in the Enact Holdings (ACT) Form 4?
Transaction code M indicates the exercise or conversion of a derivative security, here the conversion of restricted stock units into 3,170 common shares. Transaction code F indicates a tax-withholding disposition, where 1,070 shares were delivered to cover tax liabilities on the vested units.