Genworth Holdings, Inc. 4
4 · Enact Holdings, Inc. · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Enact (ACT) 10% Owner Genworth Sells 605,067 Shares
What Happened
- Genworth Holdings, Inc. (a reported ~81% owner of Enact) sold 605,067 shares of Enact Holdings, Inc. (ACT) on 2026-06-30 at $42.28 per share, for total proceeds of about $25,580,418. The transaction is reported as a sale (code S) on Form 4.
Key Details
- Transaction date: 2026-06-30; filing date (Form 4): 2026-07-01 (timely).
- Price: $42.28 per share; total proceeds ≈ $25.58 million.
- Transaction type/code: Sale (S); effected pursuant to a Share Repurchase Agreement between Enact and Genworth dated Feb 2, 2026 (see Enact’s 8‑K filed Feb 3, 2026).
- Price determination: per the agreement, based on a weighted average price paid by the issuer for purchases from third parties.
- Shares owned after transaction: not specified in the Form 4; filing notes Genworth owns approximately 81% of outstanding shares (footnote).
Context
- This was a contractual repurchase transaction between the company and a large institutional holder (Genworth), not an individual executive selling on the open market. Such repurchase-agreement sales reflect previously arranged terms rather than a simple market-timed trade.
Insider Transaction Report
Form 4
Genworth Holdings, Inc.
10% Owner
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-06-30$42.28/sh−605,067$25,580,418→ 111,601,572 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.|2026-07-01