McMullen James 4

What Happened
James McMullen, Controller of Enact Holdings (ACT), had 967 restricted stock units (RSUs) vest and convert into common shares on February 9, 2026. The company withheld 327 of those shares to satisfy the tax withholding obligation at a withholding value of $42.39 per share (327 shares × $42.39 = $13,862), resulting in 640 shares issued net to McMullen (approx. $27,130 of value at $42.39/share). The filing shows conversion/exercise of the derivative RSUs (transaction code M) and the withholding disposition (transaction code F).

Key Details

• Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (filed within the typical two-business-day window).
• Shares converted/issued: 967 RSUs converted to 967 common shares; 327 shares withheld for taxes; net 640 shares delivered.
• Withholding price/value: $42.39 per share; withholding proceeds reported as $13,862.
• Footnotes: F1 — RSUs settle 1:1 into common stock. F2 — Company withheld shares to satisfy tax withholding for the RSUs that vested on Feb 9, 2026. F3 — RSUs vest in three equal annual installments beginning Feb 9, 2024.
• Shares owned after transaction: Not disclosed in the supplied filing excerpt.

Context
This was a routine vesting of previously granted RSUs (not an open-market purchase or a voluntary sale). The withholding of shares to cover taxes is common and does not necessarily indicate any change in insider sentiment. For retail investors, purchases by insiders tend to be more informative than routine vesting events; this filing documents compensation vesting and tax withholding rather than a directional trade.