BLESS MICHAEL A 4

What Happened

Michael A. Bless, a director of Enact Holdings, Inc. (ACT), received an award of 3,939.791 Deferred Stock Units (DSUs) on 2026-05-13. The DSUs were granted as a form of compensation (transaction code A) at $0.00 cash cost to the reporting person; the grant value is about $169,998 (3,939.791 × $43.149 per share).

Key Details

• Transaction date: 2026-05-13; Form 4 filed: 2026-05-15.
• Award type: Deferred Stock Units (derivative award), acquisition reported at $0.00.
• Units granted: 3,939.791 DSUs; implied grant price used: $43.149 per share (footnote).
• Approximate grant value: ~$170,000.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: DSUs become payable in shares of common stock one year after the director’s service terminates.
  • F2: The DSU count was based on a price of $43.149 per share and represents a portion of the reporting person’s annual retainer.
• Filing timeliness: Form 4 was filed two days after the grant date (within the typical two-business-day reporting window).

Context

Deferred Stock Units are a form of compensation that do not convert into actual shares until a future event (here, one year after termination of service). This award is standard director compensation and should be viewed as routine remuneration rather than an immediate market-direction signal.