Trade Summary
3 days ago, Derstine Michael, serving as EVP, Chief Risk Officer at Enact Holdings, Inc. (ACT), sold 9,000 shares at $42.21 per share, for a total transaction value of $379,917.00. Following this transaction, Derstine Michael now holds 39,104 shares of ACT.
This sale represents a 19.00% decrease in Derstine Michael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, March 2, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, March 4, 2026, 2 days after the trade was made.
Enact Holdings, Inc. operates in the FINANCIAL SERVICES sector, specifically within the INSURANCE - SPECIALTY industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.