Mitchell Hardin Dean 4
4 · Enact Holdings, Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Enact (ACT) CFO Mitchell Dean Exercises RSUs; 1,781 Shares Withheld
What Happened
- Mitchell Hardin Dean, EVP, Chief Financial Officer and Treasurer of Enact Holdings (ACT), received a grant of 13,165 restricted stock units (RSUs) on Feb 13, 2026. A portion of RSUs converted/exercised into common stock on Feb 17, 2026 (6,262 units reported as converted).
- The company withheld 1,781 shares to satisfy tax withholding obligations at $43.29 per share, totaling approximately $77,099 (reported as a disposition under code F). Some converted RSUs were net-settled/converted with no cash proceeds reported (derivative reporting shows $0 proceeds).
- These actions are award/settlement and tax-withholding events (not an open-market purchase or a decision to sell shares for investment reasons).
Key Details
- Transaction dates: Grant on 2026-02-13; conversions/exercise and withholding recorded on 2026-02-17; Form 4 filed 2026-02-18.
- Prices & values: Tax withholding used 1,781 shares at $43.29 = $77,099. Conversion entries show $0 proceeds for net-settlement.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes of note:
- F1: Each RSU settles 1:1 into common stock.
- F2: Company withheld shares to satisfy tax withholding for RSUs that vested on Feb 16, 2026, using the closing price on Feb 13, 2026.
- F3/F4: Different RSU grants vest in three equal annual installments beginning Feb 13, 2027, and Feb 16, 2025, respectively.
- Filing timeliness: Form 4 filed on 2026-02-18, the day after the Feb 17 transactions; appears timely for those events. Check EDGAR for the full filing if you need exact filing-status details.
Context
- This was primarily an RSU grant and settlement event. The withholding of shares to cover taxes (code F) is routine for vested equity awards and does not by itself indicate a change in the insider’s market view.
- The conversion/settlement entries (code M) indicate derivative-to-common-stock activity (RSU settlement); some or all of the converted shares were net-settled to cover taxes rather than sold on the open market.
Insider Transaction Report
Form 4
Mitchell Hardin Dean
EVP, CFO and Treasurer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-17+6,262→ 115,560 total - Tax Payment
Common Stock
[F2]2026-02-17$43.29/sh−1,781$77,099→ 113,779 total - Award
Restricted Stock Units
[F1][F3]2026-02-13+13,165→ 13,165 total→ Common Stock (13,165 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-17−6,262→ 6,250 total→ Common Stock (6,262 underlying)
Footnotes (4)
- [F1]Each restricted stock unit will settle into shares of Issuer common stock on a 1:1 basis.
- [F2]The Company withheld shares of common stock to satisfy the tax withholding obligation for the Reporting Person's Restricted Stock Units that vested on February 16, 2026 based on the closing price on February 13, 2026
- [F3]Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 13, 2027
- [F4]Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 16, 2025
Signature
/s/ Joe Jacumin, by power of attorney|2026-02-18