Gupta Rohit 4
4 · Enact Holdings, Inc. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Enact (ACT) CEO Rohit Gupta Receives RSUs; 6,602 Shares Withheld
What Happened
- Rohit Gupta, President, CEO and a Director of Enact (ACT), had 15,197 restricted stock units (RSUs convert to common stock) settle. The company withheld 6,602 shares to satisfy tax withholding at a withholding price of $41.43 per share, equal to $273,521. Net shares received by Gupta after withholding: 8,595 shares. This was a vesting/settlement event (award conversion), not an open-market sale or purchase.
Key Details
- Transaction date(s): Reported 2026-02-20 (Form 4 filed 2026-02-24). Filing appears timely.
- Conversion/award: 15,197 RSUs converted to 15,197 common shares (transaction code M).
- Tax withholding: 6,602 shares withheld (transaction code F) at $41.43/share = $273,521.
- Net shares added to beneficial ownership: 8,595 shares (15,197 − 6,602).
- Shares owned after transaction: Not reported in the provided data.
- Footnotes:
- F1: Each RSU settles 1:1 into common stock.
- F2: Withholding was based on the closing price on Feb 20, 2026.
- F3: RSUs vest and convert in three equal annual installments beginning Feb 21, 2026.
Context
- This was a routine vesting and conversion of RSUs with "sell-to-cover"/withholding for taxes — common for executive compensation and not an open-market sale or purchase signal. The conversion increased Gupta’s holdings by the net amount shown; the withholding simply satisfied tax obligations.
Insider Transaction Report
Form 4
Gupta Rohit
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-20+15,197→ 416,982 total - Tax Payment
Common Stock
[F2]2026-02-20$41.43/sh−6,602$273,521→ 410,380 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-20−15,197→ 30,386 total→ Common Stock (15,197 underlying)
Footnotes (3)
- [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 21, 2026 based on the closing price on February 20, 2026.
- [F3]Restricted Stock Units vest and convert to Common Stock in three equal annual installments beginning on February 21, 2026.
Signature
/s/ Joe Jacumin, by power of attorney|2026-02-24