BLESS MICHAEL A 4
4 · Enact Holdings, Inc. · Filed Mar 23, 2026
Research Summary
AI-generated summary of this filing
Enact (ACT) Director Michael Bless Receives Deferred Stock Award
What Happened
Michael A. Bless, a director of Enact Holdings, Inc. (ACT), was credited with 139 deferred stock units (transaction code A — award/grant) on March 19, 2026. The units were issued at $0.00 per unit (no cash paid) and are a derivative award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-19; Filing date: 2026-03-23 (Form 4 accession 0001823529-26-000083).
- Award: 139 deferred stock units (DSUs) acquired at $0.00 per unit (derivative).
- Shares owned after transaction: not specified in the provided filing.
- Footnote F1: DSUs become payable in shares of Common Stock one year after termination of service as a director.
- Footnote F2: Some additional DSUs reflect reinvestment from a dividend paid March 19, 2026, at $0.21 per share.
- Typical Form 4 deadline is within two business days of the transaction; this filing was dated four days after the transaction — check the filing for any timeliness notation.
Context
Deferred stock units are a form of equity compensation that convert to shares (or share equivalents) at a later date (here, one year after director service ends). Because this was an award of DSUs (not a cash purchase or sale), it does not represent an immediate cash outlay or liquidation by the insider and should be interpreted as compensation rather than an open‑market trade.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2]2026-03-19+139→ 26,631.538 total→ Common Stock (139 underlying)
Footnotes (2)
- [F1]Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director.
- [F2]Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on March 19, 2026, at $0.21 per share.