Enact (ACT) Director Michael A. Bless Receives Deferred Stock Award

What Happened

• Michael A. Bless, a director of Enact Holdings, was granted 156 deferred stock units (DSUs) on September 17, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 per unit (total reported value $0). This is an award/grant of DSUs rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-17; Filing date: 2026-09-21 (filed 4 days after the transaction).
• Reported transaction: 156 deferred stock units, price reported $0.00 (code A — award/grant).
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes:
  • F1: DSUs become payable in shares of common stock one year after termination of service as a director.
  • F2: Additional DSUs were acquired via reinvestment from a dividend paid on 2026-09-17 at $0.24 per share.
• Timeliness: The Form 4 was filed 4 days after the transaction date; Form 4s are generally due within two business days, so this filing appears later than the standard reporting window.

Context

• Deferred stock units are a form of compensation that does not involve an immediate cash purchase or sale of company stock; they typically convert to shares at a future date or upon leaving service and do not necessarily indicate a buying or selling signal. The reported price of $0.00 reflects a grant of units (not market purchase). The dividend reinvestment note indicates some units were credited based on a $0.24/dividend treatment per the director award agreement.