Gould Brian 4

What Happened Brian Gould, EVP & Chief Operations Officer of Enact Holdings (ACT), had 2,609 restricted stock units (RSUs) convert into common shares on February 9, 2026. Of those 2,609 shares, 881 were withheld by the company to satisfy tax withholding obligations, valued at $42.39 per share for a total withholding of $37,346. The conversion was a vesting event (award settlement), not an open‑market purchase or discretionary sale.

Key Details

• Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (timely filing).
• Conversion: 2,609 RSUs settled 1:1 into common stock (footnote F1).
• Tax withholding: 881 shares withheld to cover taxes at $42.39/share, total ≈ $37,346 (footnote F2).
• Net shares delivered to Gould: 2,609 − 881 = 1,728 shares (implied by entries).
• Vesting schedule: RSUs vest in three equal annual installments beginning Feb 9, 2024 (this was the third installment) (footnote F3).
• Transaction codes: M indicates exercise/conversion of a derivative (here conversion of RSUs); F indicates shares withheld for tax withholding.
• Shares owned after transaction: not specified in the provided filing details.

Context This was a routine award vesting and tax-withholding event—not an open-market sale or buy. For RSU conversions, withheld shares are commonly used to satisfy payroll taxes and do not, by themselves, signal a change in insider sentiment.