Form 4: Investors Title Co Director Acquires Stock Appreciation Rights
SEC Form 4 Filing
James E. Scott, a director of Investors Title Co, acquired 750 stock appreciation rights on May 15, 2024.
Summary
- On May 15, 2024, James E. Scott, a director at Investors Title Co, acquired 750 stock appreciation rights.
- The exercise price of these rights is $160.94.
- These rights are exercisable from June 30, 2024, and expire on May 15, 2031.
- The underlying security is 750 shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on insider trading activity, with no clear positive or negative implications.
Industry Context
This is a routine disclosure related to insider transactions and is common in the financial industry.
Stakeholder Impact
- The acquisition of stock appreciation rights by a director could be perceived positively by shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: James E. Scott acquired stock appreciation rights. |
| 05/15/2024 | Date of transaction: James E. Scott acquired stock appreciation rights. |
| 05/16/2024 | Date of signature on the report. |
| 06/30/2024 | Stock appreciation rights become exercisable. |
| 05/15/2031 | Expiration date of the stock appreciation rights. |
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