Genworth Holdings, Inc. 4

What Happened
Genworth Holdings, Inc., a ~10% owner (owns ≈81% of Enact's outstanding common stock), sold 634,953 shares of Enact Holdings, Inc. (ACT) on 2026-01-30 at $39.37 per share for a total of $24,995,623. The sale was effected pursuant to a Share Repurchase Agreement between Enact and Genworth (dated April 30, 2025); the per-share price was determined under the agreement based on a weighted average price paid by Enact for purchases from third parties. This was a disposition (sale), not a purchase.

Key Details

• Transaction date and price: 2026-01-30 — 634,953 shares sold at $39.37 each.
• Total proceeds: $24,995,623.
• Ownership after transaction: Genworth is reported to own approximately 81% of Enact's outstanding common stock (per filing).
• Filing date: Form 4 filed 2026-02-02 (within the required filing window; not reported as late).
• Notable footnotes: Sale made pursuant to the Share Repurchase Agreement (see Enact 10-Q for quarter ended Mar 31, 2025, exhibit 10.1); price determined per agreement (weighted average method).
• Transaction type/code: Sale (S) — institutional repurchase transaction, not an executive open-market trade.

Context
This was an institutional sale under a pre-existing repurchase agreement between the company and its large shareholder, rather than a routine open-market trade by an individual insider. For retail investors, note that transactions by 10% owners reflect institutional arrangements and corporate share repurchases and may not signal typical insider buying/selling motivations.