Mitchell H Elizabeth 4
Research Summary
AI-generated summary
Enact (ACT) Director Elizabeth H. Mitchell Receives Award
What Happened
- Elizabeth H. Mitchell, a director of Enact Holdings, received an award of 56 deferred stock units (DSUs) on June 18, 2026. The units were recorded at $0.00 (no cash paid). The filing classifies this as a derivative award (transaction code A).
Key Details
- Transaction date: 2026-06-18; Filing date (Form 4): 2026-06-23 (filed 5 days after the transaction).
- Transaction: 56 DSUs acquired at $0.00 (derivative security).
- Footnote F1: DSUs become payable in shares of Enact common stock one year after the director’s service terminates.
- Footnote F2: The award includes additional deferred stock units acquired via dividend reinvestment from a dividend paid on 2026-06-18 at $0.24 per share.
- Shares owned after transaction: not specified in the filed excerpt.
Context
- These are deferred stock units (not immediate common-share ownership). They convert to actual shares only after the specified deferred period (one year after termination), so this is not an immediate open-market purchase or sale.
- The Form 4 was filed several days after the transaction date, reducing filing timeliness for investors; no other flags (e.g., tax withholding, 10b5-1 plan) are indicated in the provided filing.