THOMPSON WESTLEY V 4

What Happened
Thompson Westley V, a director of Enact Holdings, Inc. (ACT), was granted 201 deferred stock units (DSUs) on 2026-06-18. The units were awarded at $0.00 per unit (transaction code A), so there was no cash consideration — reported value $0. The filing also notes additional DSUs credited under dividend reinvestment terms from a dividend paid at $0.24 per share.

Key Details

• Transaction date: 2026-06-18; Grant (A) of 201 DSUs at $0.00 per unit (total reported value $0).
• Dividend reinvestment: Additional DSUs acquired pursuant to reinvestment terms from a dividend paid on 6/18/2026 at $0.24 per share (filing does not state the number of additional units).
• Shares owned after transaction: Not specified in the filing.
• Filing date: 2026-06-23 — filed one business day after the typical two-business-day Form 4 deadline for a 6/18 transaction, so this filing appears late.
• Derivative note: DSUs are a form of deferred equity; per the filing, DSUs become payable in shares of common stock one year after the director’s termination of service.

Context
Deferred stock units are an award that converts to shares later (here, one year after termination) and are not an immediate market purchase or sale. Awards and dividend reinvestments are typically compensation or retention mechanisms and do not necessarily signal a near-term trading intent. This transaction is an award (not a purchase or sale) and therefore should be interpreted as a compensation/deferral event rather than an overt bullish or bearish trade.