McMullen James 4

What Happened

• James McMullen, Controller of Enact Holdings, received five awards totaling 42 restricted stock units (RSUs) on 2026-06-18 (5 + 4 + 8 + 15 + 10 RSUs). Each award was reported at $0.00 (derivative award), for a total reported acquisition value of $0. These RSUs are derivative awards that will settle into common shares on a 1:1 basis when they vest.

Key Details

• Transaction date and price: 2026-06-18; each award reported at $0.00 per RSU.
• Total RSUs received: 42. Reported total cash value at grant: $0.
• Shares owned after transaction: Not specified in the provided excerpt.
• Notable footnotes:
  • F1: RSUs convert 1:1 to Issuer common stock on settlement.
  • F2–F7: Vesting schedules vary by award; most vest in three equal annual installments starting on different dates (examples: 2/16/2025, 4/1/2025, 2/21/2026, 10/1/2026, 2/13/2027).
  • F3: Some RSUs were additional units acquired via reinvestment of a quarterly dividend ($0.24/share) paid on 6/18/2026.
• Filing timeliness: Report filed 2026-06-23 for transactions dated 2026-06-18 (filed five days after the transaction). Form 4s are generally due within 2 business days, so this filing appears later than the usual reporting window.

Context

• These were awards/reinvested dividend RSUs (derivative grants), not open-market purchases or sales. RSUs do not represent immediately tradable shares until they vest and convert; vesting schedules differ by grant. Dividend-reinvestment RSUs reflect shareholder dividend reinvestment terms and are not a cash purchase by the insider.