Enact (ACT) 10% Owner Genworth Sells 762,894 Shares

What Happened
Genworth Holdings, Inc., identified as a 10% owner of Enact Holdings, Inc. (ACT), disposed of 762,894 shares of Enact common stock on September 30, 2026. The reported price was $48.65 per share, producing proceeds of $37,116,929. The sale was effected pursuant to a Share Repurchase Agreement between Enact and Genworth dated February 2, 2026.

Key Details

• Transaction date: 2026-09-30; Filing date: 2026-10-01 (timely filing).
• Transaction type/code: Sale (S).
• Shares sold: 762,894 at $48.65 per share; total proceeds $37,116,929.
• Method: Sale under a Share Repurchase Agreement between the issuer and Genworth (see Form 8‑K exhibit noted in footnote F1).
• Price basis: Per the agreement, the per-share price was determined using a weighted average price paid by the issuer for purchases from third parties (footnote F2).
• Ownership: The filing notes Genworth owns approximately 81% of Enact’s outstanding shares (footnote F3). The Form 4 does not disclose an exact post-transaction share count.
• No indication of late filing or derivative transactions in this report.

Context
This was a structured sale under a repurchase agreement between the company and its largest shareholder, not a typical voluntary open-market insider sale. For retail investors, purchases by insiders often signal stronger direct sentiment than sales; here, the transaction reflects a negotiated repurchase involving the issuer and a majority owner rather than a routine individual disposition.