RESTREPO ROBERT P JR 4

What Happened
Robert P. Restrepo, a director of Enact Holdings, was granted 201 deferred stock units (DSUs) on June 18, 2026. The Form 4 reports the acquisition as a derivative award with an acquisition price of $0.00 (common for DSU grants or dividend reinvestment). These DSUs are not immediate common shares — they are deferred units that will convert to common stock under the terms described in the footnotes.

Key Details

• Transaction date: 2026-06-18; Form 4 filed: 2026-06-23 (appears to be filed one business day after the typical 2-business-day deadline).
• Transaction type/code: A — Award/Grant (derivative: Deferred Stock Units).
• Units granted: 201 DSUs; reported acquisition price: $0.00.
• Shares owned after transaction: Not disclosed on this filing.
• Footnotes:
  • F1: DSUs become payable in shares of common stock one year after termination of director service.
  • F2: The additional DSUs were acquired pursuant to reinvestment terms from a dividend paid on 6/18/2026 at $0.24 per share.
• No indication in this filing of a 10b5‑1 plan, cashless exercise, tax withholding sale, or immediate sale of shares.

Context
Deferred stock units are a common form of director compensation and are treated as derivative awards on Form 4s; they do not represent immediately tradable shares. This grant reflects compensation mechanics (including dividend reinvestment) rather than an open-market purchase or sale, so it should not be interpreted as an immediate buy/sell signal. The apparent one-day late filing is an administrative timing issue to note.