Genworth Holdings, Inc. 4

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.