Genworth trims Enact (ACT) stake with 820K-share repurchase sale

Rhea-AI Filing Summary

Genworth Holdings, Inc., the controlling stockholder of Enact Holdings, Inc., reported an open-market style sale of 820,567 shares of Enact common stock on March 31, 2026 at an average price of $40.9224 per share.

The transaction was effected under a Share Repurchase Agreement between Enact and Genworth dated February 2, 2026. After this sale, Genworth directly holds 113,369,532 Enact shares and owns approximately 81% of Enact’s outstanding common stock, so the sale represents a small portion of its overall stake.

Insider Trade Summary

Net Seller: 820,567 shares ($33,579,571)

Net Sell 1 txn

Insider Genworth Holdings, Inc.

Role 10% Owner

Sold 820,567 shs ($33.58M)

Type	Security	Shares	Price	Value
Sale	Common Stock	820,567	$40.9224	$33.58M

Holdings After Transaction: Common Stock — 113,369,532 shares (Direct)

Footnotes (1)

1. The sale reported in this Form 4 was effected pursuant to a Share Repurchase Agreement between Enact Holdings, Inc. (the "Issuer") and Genworth Holdings, Inc. dated as of February 2, 2026 (the "Agreement"). A copy of the Agreement can be found as exhibit 99.4 to the Issuer's Form 8-K filed on February 3, 2026, on the SEC's website at: https://www.sec.gov/Archives/edgar/data/1823529/000182352926000003/february2026genworthenacts.htm Represents a price per share determined pursuant to the terms of the Agreement, based on a weighted average price paid by the Issuer for purchases from third-parties. Genworth Holdings, Inc. owns approximately 81% of the outstanding shares of common stock of the Issuer.

Key Figures

Shares sold: 820,567 shares Average sale price: $40.9224 per share Shares held after transaction: 113,369,532 shares +3 more

6 metrics

Shares sold 820,567 shares Common stock sale on March 31, 2026

Average sale price $40.9224 per share Price determined under Share Repurchase Agreement

Shares held after transaction 113,369,532 shares Genworth’s direct Enact holdings post-sale

Ownership stake approximately 81% Genworth’s share of Enact outstanding common stock

Transaction direction net-sell of 820,567 shares Form 4 transaction summary

Agreement date February 2, 2026 Date of Share Repurchase Agreement

Key Terms

Share Repurchase Agreement, weighted average price, open-market sale, ten percent owner

4 terms

Share Repurchase Agreement financial

"The sale reported in this Form 4 was effected pursuant to a Share Repurchase Agreement between Enact Holdings, Inc. and Genworth Holdings, Inc."

A share repurchase agreement is a contract where a company agrees to buy back its own shares from existing holders under specified terms, such as price and timing. For investors this matters because buying back shares reduces the number of shares available, which can increase earnings per share and raise the value of remaining shares, but it also uses the company’s cash—similar to a store buying back products to shrink supply and potentially lift prices.

weighted average price financial

"Represents a price per share determined pursuant to the terms of the Agreement, based on a weighted average price paid by the Issuer for purchases from third-parties."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

ten percent owner financial

"Genworth Holdings, Inc. is marked as a ten percent owner of the Issuer."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Genworth Holdings, Inc.

(Last) (First) (Middle)

11011 WEST BROAD STREET

(Street)

GLEN ALLEN VIRGINIA 23060

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Enact Holdings, Inc. [ ACT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		S(1)		820,567	D	$40.9224(2)	113,369,532	D(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sale reported in this Form 4 was effected pursuant to a Share Repurchase Agreement between Enact Holdings, Inc. (the "Issuer") and Genworth Holdings, Inc. dated as of February 2, 2026 (the "Agreement"). A copy of the Agreement can be found as exhibit 99.4 to the Issuer's Form 8-K filed on February 3, 2026, on the SEC's website at: https://www.sec.gov/Archives/edgar/data/1823529/000182352926000003/february2026genworthenacts.htm

2. Represents a price per share determined pursuant to the terms of the Agreement, based on a weighted average price paid by the Issuer for purchases from third-parties.

3. Genworth Holdings, Inc. owns approximately 81% of the outstanding shares of common stock of the Issuer.

Remarks:

	/s/ Lisa J. Baldyga, Vice President and Treasurer on behalf of Genworth Holdings, Inc.	04/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Genworth Holdings report in this Form 4 for Enact Holdings (ACT)?

Genworth Holdings reported selling 820,567 shares of Enact common stock. The sale occurred on March 31, 2026 at an average price of $40.9224 per share, under a previously signed Share Repurchase Agreement with Enact Holdings, Inc.

How many Enact (ACT) shares did Genworth sell and at what price?

Genworth sold 820,567 Enact common shares at an average price of $40.9224. The price per share was determined under the Share Repurchase Agreement, using the weighted average price Enact paid for repurchases from third-party sellers.

How many Enact Holdings (ACT) shares does Genworth Hold after this transaction?

After the reported sale, Genworth directly holds 113,369,532 Enact common shares. A footnote states that Genworth Holdings owns approximately 81% of Enact’s outstanding common stock, indicating it remains the company’s controlling stockholder following the transaction.

What agreement governed Genworth’s share sale in Enact Holdings (ACT)?

The sale was executed under a Share Repurchase Agreement between Enact Holdings, Inc. and Genworth Holdings, Inc. dated February 2, 2026. The agreement governs Enact’s repurchase of shares from Genworth and is referenced as Exhibit 99.4 to Enact’s Form 8-K filed February 3, 2026.

Was Genworth’s Enact (ACT) share sale a market trade or a repurchase?

The Form 4 shows an open-market sale code, but a footnote explains the transaction was carried out under a Share Repurchase Agreement with Enact. The price was based on a weighted average of prices Enact paid for share purchases from third parties.

How significant is Genworth’s 820,567-share sale in Enact (ACT)?

Genworth sold 820,567 Enact shares while retaining 113,369,532 shares afterward. A footnote notes that Genworth owns about 81% of Enact’s outstanding common stock, so this transaction represents a relatively small reduction in its overall ownership stake.