BLESS MICHAEL A 4

What Happened

• Michael A. Bless, a director of Enact Holdings, Inc. (ACT), was granted 176 deferred stock units (DSUs) on June 18, 2026. The reported acquisition price is $0.00 because these are derivative awards (deferred units), not a cash purchase of common stock.

Key Details

• Transaction date: 2026-06-18; Filing date (Form 4): 2026-06-23 (filed five days after the transaction — outside the typical 2-business-day reporting window).
• Award: 176 deferred stock units; reported price: $0.00 (derivative award).
• Footnote F1: These DSUs convert into shares of common stock one year after the director’s termination of service.
• Footnote F2: Additional deferred stock units were credited under the director award agreement through reinvestment of a dividend paid on June 18, 2026, at $0.24 per share. The filing does not specify the exact number of additional units from the dividend.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context

• This is an equity award (A = Award/Grant) of deferred stock units, not an open-market purchase or sale. DSUs typically reflect compensation and do not represent immediately tradable common shares; they convert to common stock at a later date as noted in the footnote.
• Because this is a grant/compensation action, it should be viewed as routine director compensation rather than a direct bullish or bearish trade signal.