Genworth Holdings (10% owner) sold 602,440 ACT shares at $42.91 on 2026-05-29; stock down 8.3% from 52-week high.
Genworth Holdings, a major 10% shareholder of Enact Holdings, executed a modest sale of 602,440 shares (representing -0.5% of pre-transaction holdings) at $42.91, above the current price of $41.09. At the same-ticker level, Genworth has conducted 5 prior sells at ACT with mixed timing: 2 of 5 achieved negative 90-day returns after the sale (well-timed), while 3 of 5 achieved positive 90-day returns (poorly timed). The cross-ticker track record shows an average 90-day return of +3.6% after Genworth's prior sells, indicating that historically this insider's sales have preceded stock rallies rather than declines. ACT itself is trading 8.3% below its 52-week high and down 3.5% over 30 days, providing context for the sale price relative to recent weakness but not definitively signaling a timing advantage.