Gould Brian 4
4 · Enact Holdings, Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Enact (ACT) EVP Brian Gould Exercises Derivatives, Withholds Shares
What Happened
- Brian Gould, Enact Holdings’ Executive Vice President & Chief Operations Officer, reported a grant and conversions of company equity and a tax-withholding share disposition. On Feb 13, 2026 he was granted 3,901 restricted stock units (RSUs). On Feb 17, 2026, 2,009 derivative units were exercised/converted and the company withheld 595 shares to satisfy tax withholding at $43.29 per share (total withheld value $25,758).
Key Details
- Grant: 3,901 RSUs on 2026-02-13 (reported as derivative award, $0.00 per share; F1: 1:1 settlement into common stock).
- Conversion/Exercise: 2,009 derivative shares converted/exercised on 2026-02-17 (reported at $0.00 or N/A in filing).
- Tax withholding: 595 shares were withheld on 2026-02-17 at $43.29/share to cover withholding obligations, totaling $25,758 (F2: withholding relates to RSUs that vested on Feb 16, 2026, using the Feb 13, 2026 closing price).
- Vesting notes: filing includes two vesting schedules — some RSUs vest in three equal annual installments beginning 2/13/2027 (F3) and others beginning 2/16/2025 (F4).
- Shares owned after the transactions: not specified in the provided excerpt.
- Filing timeliness: Form 4 was filed on 2026-02-18 and covers transactions through 2/17/2026; based on market holidays and business days this filing appears timely (not marked as late).
Context
- This filing is largely routine equity compensation activity: an RSU grant and conversion/settlement of derivative units, with a standard share withholding to cover taxes (transaction code F). Such withholding sales are administrative and do not necessarily signal a deliberate sale by the insider.
Insider Transaction Report
Form 4
Gould Brian
EVP & Chief Operations Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-17+2,009→ 33,483 total - Tax Payment
Common Stock
[F2]2026-02-17$43.29/sh−595$25,758→ 32,888 total - Award
Restricted Stock Units
[F1][F3]2026-02-13+3,901→ 3,901 total→ Common Stock (3,901 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-17−2,009→ 1,997 total→ Common Stock (2,009 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