Form 4: Investors Title Co Director Tammy Coley Exercises Stock Appreciation Rights
SEC Form 4
Director Tammy Coley exercised stock appreciation rights and acquired common stock in Investors Title Co on November 7, 2024.
Summary
- On November 7, 2024, Tammy Coley, a director of Investors Title Co, exercised stock appreciation rights.
- This resulted in the acquisition of common stock at various prices: 106 shares at $184.26, 263 shares at $166.9, 341 shares at $140.1, and 140 shares at $160.94.
- Following these transactions, Coley directly owns 1,488 shares of common stock.
- The stock appreciation rights that were exercised had various grant dates and expiration dates.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't inherently indicate positive or negative performance for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it changes the ownership structure slightly.
Key Dates
| Date | Description |
|---|---|
| 06/30/2021 | Date exercisable for 106 Stock Appreciation Rights |
| 06/30/2022 | Date exercisable for 263 Stock Appreciation Rights |
| 06/30/2023 | Date exercisable for 341 Stock Appreciation Rights |
| 06/30/2024 | Date exercisable for 140 Stock Appreciation Rights |
| 05/15/2031 | Expiration Date for 140 Stock Appreciation Rights |
| 05/17/2030 | Expiration Date for 341 Stock Appreciation Rights |
| 05/18/2029 | Expiration Date for 263 Stock Appreciation Rights |
| 05/19/2028 | Expiration Date for 106 Stock Appreciation Rights |
| 11/07/2024 | Date of transaction: Exercise of stock appreciation rights and acquisition of common stock |
| 11/08/2024 | Date of signature on the form |
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