Genworth Holdings, Inc. 4
4 · Enact Holdings, Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Enact (ACT) 10% Owner Genworth Sells 602,440 Shares
What Happened
Genworth Holdings, Inc. — identified as a 10% owner of Enact Holdings, Inc. (ACT) — disposed of 602,440 shares on 2026-05-29 at $42.91 per share, for a total of $25,853,291. The sale was effected pursuant to a Share Repurchase Agreement between Enact and Genworth.
Key Details
- Transaction date: 2026-05-29; Form 4 filed: 2026-06-01 (filed within the required window).
- Transaction type/code: Sale (S) — reported as open market or private sale but effected under a Share Repurchase Agreement (see note).
- Price and value: 602,440 shares at $42.91 each = $25,853,291. Price determined under the Agreement based on a weighted average price paid by the issuer for purchases from third parties.
- Shares owned after transaction: Per the filing footnote, Genworth owns approximately 81% of Enact’s outstanding common stock.
- Footnotes: F1 references the Share Repurchase Agreement (filed as Exhibit 99.4 to Enact’s Form 8-K on Feb 3, 2026); F2 explains the price formula; F3 states Genworth’s ~81% ownership.
Context
This was an institutional sale under a contractual share repurchase arrangement between the issuer and a major shareholder — not an individual executive trade. Sales like this are routine corporate-financing or liquidity actions and do not, by themselves, indicate management sentiment about the company's prospects.
Insider Transaction Report
Form 4
Genworth Holdings, Inc.
10% Owner
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-05-29$42.91/sh−602,440$25,853,291→ 112,206,639 total
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.
Signature
/s/ Lisa J. Baldyga, Vice President and Treasurer on behalf of Genworth Holdings, Inc.|2026-06-01