Enact Holdings, Inc.·4

Feb 26, 4:07 PM ET

Gupta Rohit 4

Research Summary

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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.