STILL DEBRA 4
Research Summary
AI-generated summary
Enact (ACT) Director Debra Still Receives 162 Deferred Stock Units
What Happened
Debra Still, a director of Enact Holdings, received a grant of 162 deferred stock units on March 19, 2026. The units were issued at $0.00 (no cash paid) as a director award/derivative grant; the filing lists the transaction as an award (code A). These are deferred stock units (DSUs) rather than immediately issued common shares.
Key Details
- Transaction date: 2026-03-19; Grant type: Award/Acquisition (A); 162 units @ $0.00 (no immediate cash value reported).
- Shares owned after the transaction: not disclosed in this Form 4 filing.
- Footnotes:
- F1 — DSUs become payable in common shares one year after termination of service as a director.
- F2 — Some additional DSUs were acquired from reinvestment of a dividend paid on March 19, 2026, at $0.21 per share.
- Filing date / accession: Form 4 filed 2026-03-23 (see SEC accession 0001823529-26-000089).
Context
Deferred stock units are a common form of director compensation and do not immediately increase voting shares or produce cash — they convert to actual shares only after the conditions in the award (here, one year after director service ends). This is an award, not a purchase or sale, so it should be viewed as routine compensation rather than an explicit buy/sell signal.