Addesso Dominic James 4

What Happened
Dominic Addesso, a director and Chairperson of Enact Holdings, reported gifting 9,293 deferred stock units on 2026-06-03. The Form 4 shows the transaction as a gift (code G) with a reported price of $0.00. The units are derivatives (deferred stock units), not open-market common shares; no cash changed hands.

Key Details

• Transaction date: 2026-06-03; Form 4 filed 2026-06-05 (timely filing).
• Transaction type/code: Gift (G) of 9,293 deferred stock units. Reported price: $0.00.
• Derivative treatment: These are Deferred Stock Units (DSUs) rather than immediate common stock.
• Footnote F1: DSUs become payable in shares of common stock one year after termination of service as a director.
• Footnote F2: The deferred stock units were gifted to the reporting person's spouse, Deborah Addesso.
• Shares owned after transaction: Not specified in the provided summary.

Context
Gifts of deferred units are typically estate or personal planning actions and do not necessarily indicate a view on the company’s stock price. Because these were deferred stock units (not exercised options or open-market purchases/sales), they are scheduled to convert to shares only under the conditions described in F1 (one year after director service ends).