Form 4: Old Republic International Corp: Officer Lange Reports Tax Liability Share Surrender
SEC Form 4 Filing
Jeffrey Lange, SVP of Underwriting & Distribution at Old Republic International Corp, surrendered shares to cover tax liabilities related to vesting restricted stock awards.
Summary
- On March 14, 2025, Jeffrey Lange, SVP of Underwriting & Distribution at Old Republic International Corp, surrendered 2,277 shares of common stock to cover tax liabilities.
- The shares were surrendered at a price of $36.59.
- Following the transaction, Lange directly owns 34,471 shares, which includes 11,690 unvested Restricted Stock Awards (RSAs).
- Lange also indirectly owns 3,455 shares through ORI 401K.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to insider transactions, and it doesn't inherently indicate positive or negative sentiment. It's a neutral event.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors.
Key Dates
| Date | Description |
|---|---|
| 03/14/2025 | Date of transaction: Jeffrey Lange surrendered shares to cover tax liability. |
| 03/18/2025 | Date of signature on the report. |
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