Stolove Evan 4
4 · Enact Holdings, Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Enact (ACT) EVP Evan Stolove Receives RSUs; 714 Shares Withheld
What Happened
Evan Stolove, EVP, General Counsel & Secretary of Enact Holdings (ACT), was granted 4,876 restricted stock units (RSUs) on Feb 13, 2026. On Feb 17, 2026, 2,508 of those derivative awards were converted/exercised into common shares and the company withheld 714 shares to satisfy tax withholding obligations; the withheld shares were valued at $43.29 each for a total withholding of $30,909. The Form 4 was filed on Feb 18, 2026.
Key Details
- Grant: 4,876 RSUs granted on 2026-02-13 (reported as acquisition of derivative awards).
- Conversion/Exercise: 2,508 derivative units were converted/exercised on 2026-02-17.
- Tax withholding: 714 shares were withheld on 2026-02-17 at $43.29/share to cover taxes, totaling $30,909.
- Filing date: Form 4 filed 2026-02-18 (reporting transactions occurring Feb 13 and Feb 17, 2026).
- Shares owned after transaction: not specified in the filing excerpt provided.
- Relevant footnotes from the filing:
- RSUs settle 1:1 into common stock.
- Withholding was to satisfy tax obligations for RSUs that vested on Feb 16, 2026, using the closing price on Feb 13, 2026.
- The filing lists vesting schedules indicating RSUs convert to common stock in three equal annual installments (footnotes cite start dates Feb 13, 2027 and Feb 16, 2025).
Context
This was not a purchase — it reflects an award (grant) of RSUs and the routine conversion/settlement of derivative awards with shares withheld to cover taxes (a common administrative step, not an open-market sale). For retail investors, such withholding is standard and does not necessarily signal insider market sentiment. The filing shows the mechanics (grant → conversion/exercise → withholding), rather than an outright cash sale or buy.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-17+2,508→ 38,069 total - Tax Payment
Common Stock
[F2]2026-02-17$43.29/sh−714$30,909→ 37,355 total - Award
Restricted Stock Units
[F1][F3]2026-02-13+4,876→ 4,876 total→ Common Stock (4,876 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-17−2,508→ 2,498 total→ Common Stock (2,508 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