Form 4: Old Republic International Corp Executive VP William T. Gray Reports Transaction

Executive VP & Treasurer William T. Gray reports transactions involving Old Republic International Corp stock, including the vesting of restricted stock units and associated tax liability coverage.

Summary

• On March 6, 2025, William T. Gray, Executive VP & Treasurer of Old Republic International Corp, reported transactions involving the company's common stock.
• Gray exercised 3,508 Restricted Stock Units (RSUs), which converted into an equal number of common stock shares.
• He also surrendered 1,038 shares to cover tax liabilities associated with the vesting of these RSUs at a price of $37.73 per share.
• Following these transactions, Gray directly owns 65,392 shares of common stock and indirectly owns 4,556 shares through ORI 401K.
• He also holds 7,029 Restricted Stock Units.
• The reported transactions also include 2,155 shares acquired in unreported exempt transactions under a dividend reinvestment plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as this is a routine disclosure of insider transactions related to compensation.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into insider transactions, ensuring fair markets and preventing insider trading. This filing indicates routine compensation and tax-related transactions for a company executive.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the vesting of previously granted stock units and related tax obligations.

Key Dates