Enact Holdings, Inc.·4

Feb 11, 4:09 PM ET

Mitchell Hardin Dean 4

Research Summary

AI-generated summary

Updated

Enact (ACT) CFO Mitchell Dean Receives RSU Shares; Tax Withholding

What Happened

  • Mitchell Hardin Dean, Enact Holdings' Executive Vice President, Chief Financial Officer and Treasurer, had 7,095 restricted stock units (RSUs) convert into common shares on February 9, 2026. Of those, 2,172 shares were withheld to satisfy the tax withholding obligation at $42.39 per share, totaling $92,071. Net shares issued to Dean after withholding were 4,923.

Key Details

  • Transaction date: February 9, 2026.
  • Conversion/Exercise code: M (derivative exercise/conversion of RSUs) — 7,095 shares converted to common stock.
  • Tax withholding code: F — 2,172 shares withheld and disposed at $42.39/share for $92,071.
  • Net shares issued to insider: 7,095 − 2,172 = 4,923 shares.
  • Footnotes:
    • F1: Each RSU settles into one share of common stock (1:1).
    • F2: The company withheld common shares to satisfy the tax obligation on the RSUs that vested on Feb 9, 2026.
    • F3: These RSUs vest in three equal annual installments beginning Feb 9, 2024 (this appears to be the 2026 installment).
  • Shares owned after the transaction: Not specified in the provided filing.
  • Filing timing: Report filed Feb 11, 2026 for a Feb 9 transaction — appears to be timely (Form 4 is generally required within two business days).

Context

  • This was a scheduled vesting/settlement of RSUs (an award converting into shares), not an open-market purchase or a voluntary sale. The withholding of shares to cover taxes is a routine administrative disposition and does not necessarily indicate a change in the insider’s view of the company.