Gupta Rohit 4
4 · Enact Holdings, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Enact (ACT) CEO Rohit Gupta Receives Award, Sells Shares for Taxes
What Happened
- Rohit Gupta, President and CEO of Enact Holdings (ACT), had 190,594 Performance Stock Units (PSUs) vest and convert into common shares on Feb 24, 2026. To satisfy the tax withholding obligation on the vesting, 82,795 shares were withheld/disposed at $41.46 per share, producing an indicated amount of $3,432,681.
Key Details
- Transaction date: Feb 24, 2026; Form 4 filed Feb 26, 2026 (appears timely—Form 4s are due within two business days).
- Vesting/conversion: 190,594 PSUs converted to common stock (reported as derivative exercise/conversion, code M).
- Tax withholding/disposition: 82,795 shares withheld/disposed at $41.46 each, total ~$3,432,681 (reported under code F for payment of tax liability).
- Footnotes: PSUs were granted Feb 9, 2023 and settled 1:1 on vesting (F1, F3). The company withheld shares to satisfy the tax withholding obligation (F2).
- Shares owned after transaction: Not specified in the filing excerpt.
Context
- This was a routine equity-award vesting event (PSUs converting to shares) with shares withheld to cover taxes — common for executives and not the same as an open-market sale motivated by a trading view. The filing shows conversion of derivatives (PSUs) and share withholding for tax purposes rather than a new purchase or discretionary sale.
Insider Transaction Report
Form 4
Gupta Rohit
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-24+190,594→ 600,974 total - Tax Payment
Common Stock
[F2]2026-02-24$41.46/sh−82,795$3,432,681→ 518,179 total - Exercise/Conversion
Performance Stock Units
[F1][F3]2026-02-24−190,594→ 0 total→ Common Stock (190,594 underlying)
Footnotes (3)
- [F1]Reflects Performance Stock Units that were granted on February 9, 2023 and settled 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 Performance Stock Units that vested on February 24, 2026.
- [F3]Performance Stock Units vested and converted to Common Stock on February 24, 2026.
Signature
/s/ Joe Jacumin, by power of attorney|2026-02-26