Enact Holdings (ACT) director adds deferred stock units via dividend reinvestment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Enact Holdings director Sheila Hooda received 162 Deferred Stock Units as a compensation-related award. These units were acquired under the director award agreement through reinvestment of a cash dividend paid on March 19, 2026, at $0.21 per share.
The Deferred Stock Units will be settled in shares of Enact common stock one year after Hooda’s termination of service as a director. Following this transaction, she directly holds a total of 30,705.457 Deferred Stock Units, making this a small, routine addition to her existing position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hooda Sheila
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 162 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 30,705.457 shares (Direct)
Footnotes (1)
- Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director. Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on March 19, 2026, at $0.21 per share.
FAQ
What insider transaction did Enact Holdings (ACT) director Sheila Hooda report?
Director Sheila Hooda reported receiving 162 Deferred Stock Units as a compensation-related award. The units were acquired through dividend reinvestment under a director award agreement tied to a $0.21 per share dividend on March 19, 2026.
How will Sheila Hooda’s Deferred Stock Units at Enact Holdings (ACT) be paid out?
The Deferred Stock Units will be paid in Enact common stock one year after Sheila Hooda’s termination of service as a director. This means she does not receive shares immediately, but only after her board tenure ends.
How many Deferred Stock Units does Sheila Hooda hold after this Enact (ACT) Form 4 filing?
After the reported transaction, Sheila Hooda directly holds a total of 30,705.457 Deferred Stock Units. The 162 new units represent a small incremental addition to this existing deferred equity position in Enact Holdings.
What was the source of the new Deferred Stock Units for Enact (ACT) director Sheila Hooda?
The additional 162 Deferred Stock Units came from dividend reinvestment under the director award agreement. They were credited based on a cash dividend paid on March 19, 2026, at a rate of $0.21 per Enact common share.
Is Sheila Hooda’s Enact (ACT) Form 4 transaction an open-market purchase or sale?
The Form 4 reports a grant or award acquisition of Deferred Stock Units, not an open-market purchase or sale. The units were issued as part of compensation via dividend reinvestment, so no market trade price or buy/sell action was involved.