Genworth Holdings, Inc. 4

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.