Mitchell Hardin Dean 4

What Happened

• Mitchell Hardin Dean, EVP, CFO and Treasurer of Enact Holdings (ACT), had 5,068 restricted stock units (RSUs) convert into common shares in connection with vesting. The company withheld 1,442 shares to cover tax withholding at $41.43 per share, totaling $59,742. Net shares issued to Dean were 3,626. This was an award/settlement event (receipt of shares), not an open‑market purchase or sale.

Key Details

• Transaction date(s): RSU conversion/vesting reported Feb 20, 2026 (vesting noted as Feb 21, 2026 in footnotes); Form filed Feb 24, 2026.
• Share counts and prices:
  • 5,068 RSUs converted to 5,068 shares (conversion/derivative exercise; no exercise price).
  • 1,442 shares withheld for taxes at $41.43 each = $59,742.
  • Net delivered to insider: 3,626 shares.
• Shares owned after transaction: not specified in the filing provided.
• Footnotes:
  • F1: Each RSU settles 1:1 into common stock.
  • F2: Withholding based on closing price on Feb 20, 2026 to satisfy tax obligations for RSUs that vested on Feb 21, 2026.
  • F3: The RSU award vests and converts in three equal annual installments beginning Feb 21, 2026.
• Filing timeliness: Form filed Feb 24, 2026; transaction dated Feb 20, 2026 (filing timeliness not asserted here).

Context

• This was a routine RSU vesting and tax‑withholding settlement (company withheld shares to cover taxes). Such transactions reflect compensation vesting rather than an insider buying or selling stock in the market and should not be interpreted on their own as a bullish or bearish signal.