Form 4: Old Republic International Corp: Executive Carolyn Monroe Reports Stock Transactions
SEC Form 4 Filing
Carolyn Monroe, SVP at Old Republic International Corp, reports the vesting of restricted stock units and subsequent tax liability coverage through share surrender on March 6, 2025.
Summary
- On March 6, 2025, Carolyn Monroe, SVP of Title Insurance at Old Republic International Corp, reported transactions involving the company's common stock.
- Monroe vested 2,907 restricted stock units, which converted into an equal number of common stock shares.
- She also surrendered 708 shares to cover tax liabilities associated with the vesting of these restricted stock units at a price of $37.73 per share.
- Following these transactions, Monroe directly owns 35,755 shares of common stock and indirectly owns 1,143 shares through ORI 401K.
- Monroe also holds 5,823 derivative securities.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports routine stock transactions by an executive, which doesn't inherently indicate positive or negative performance for the company.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common occurrence in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in executive ownership.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of earliest transaction: vesting of restricted stock units and share surrender for tax liability. |
| 03/06/2024 | Date the reporting person was granted Restricted Stock Units that vest in three equal annual installments beginning March 6, 2025. |
| 03/10/2025 | Date of signature on the report. |
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