Genworth Holdings, Inc. 4

What Happened
Genworth Holdings, Inc., reported as a 10% owner of Enact Holdings, Inc. (ACT), disposed of 560,453 shares on 2026-04-30 at a price of $42.55 per share, for a total of $23,848,452. The sale was effected pursuant to a Share Repurchase Agreement between Enact and Genworth dated February 2, 2026 — i.e., the issuer repurchased the shares rather than a typical open-market trade. The per-share price was determined under the Agreement based on a weighted average price the issuer paid to third parties.

Key Details

• Transaction date: 2026-04-30 (reported on Form 4 filed 2026-05-01). Filing appears timely.
• Price and value: 560,453 shares × $42.55 = $23,848,452 (sale, Code S).
• Shares owned after transaction: not specified in the provided transaction line; footnote reports Genworth owns approximately 81% of outstanding common stock (F3).
• Notable footnotes:
  • F1: Sale effected under Share Repurchase Agreement between Enact and Genworth (agreement filed as Exhibit 99.4 to Enact’s Form 8‑K dated Feb 3, 2026; link: https://www.sec.gov/Archives/edgar/data/1823529/000182352926000003/february2026genworthenacts.htm).
  • F2: Price per share was set per the Agreement based on a weighted average of prices paid by the issuer to third parties.
  • F3: Genworth owns ~81% of Enact’s common stock (institutional/majority holder, not an individual executive).

Context
This was a negotiated repurchase between the company and its large shareholder rather than an ordinary open-market sale. For retail investors, note that 10%/majority-owner transactions often reflect corporate or capital-structure arrangements and do not necessarily signal the same individual insider sentiment as executive purchases or sales. The filing is informational and factual; it does not state the parties’ motivations.