4Accepted Sep 21, 4:09 PM ET
Enact (ACT) Director Westley V. Thompson Receives 177 Deferred Shares
Accepted (ET)
4:09 PM
Sep 21, 2026
Filed
Sep 21, 2026
Documents
1
Size
5.7 KB
Summary
Enact (ACT) Director Westley V. Thompson Receives 177 Deferred Shares
What Happened
Westley V. Thompson, a director of Enact Holdings, received a grant of 177 deferred stock units (reported as an award/derivative) on September 17, 2026. The units were recorded at $0.00 per unit (no cash paid). These are deferred stock units (DSUs) rather than an open-market purchase or sale — they are part of director compensation and will convert to common stock under the plan terms.
Key Details
- Transaction date: 2026-09-17; Form 4 filed: 2026-09-21 (filed within the typical 2-business-day window).
- Transaction type/code: Award/Grant (A); 177 DSUs acquired at $0.00 per unit.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- F1: DSUs become payable in shares of common stock one year after termination of director service.
- F2: Additional DSUs were acquired via reinvestment from a dividend paid on 9/17/2026 at $0.24 per share.
- Derivative explanation: These DSUs are not immediate common-stock holdings — they are rights to receive shares later per the award agreement.
Context
Deferred stock unit grants are a common form of director compensation designed to align long-term interests; they do not represent an immediate cash purchase or an open-market sale. Because the DSUs convert to shares only after termination (per F1), this award does not reflect a current change in liquid holdings or an immediate market transaction.