Form 4: Old Republic International Corp: Officer Thomas Dare Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Thomas Dare, a Senior Vice President, Secretary, and General Counsel at Old Republic International Corp, reported a transaction involving the surrender of shares to cover tax liability for vested restricted stock awards.

Summary

  • On March 14, 2025, Thomas Dare, a SrVP, Secretary, and General Counsel of Old Republic International Corp (ORI), reported a transaction.
  • The transaction involved the surrender of 3,913 common stock shares to cover tax liability related to the vesting of previously granted Restricted Stock Awards (RSAs).
  • The price per share for the transaction was $36.59.
  • Following the transaction, Dare directly owns 42,643 shares of common stock, which includes 15,030 unvested RSAs.
  • Dare also indirectly owns 5,538 shares through ORI 401K.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in company stock. This filing indicates activity by a high-ranking officer at Old Republic International Corp.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders as it is a routine tax-related stock transaction by an officer.

Key Dates

DateDescription
03/14/2025Date of stock transaction (surrender of shares for tax liability).
03/18/2025Date of signature by Victoria Pool, Power of Attorney for Thomas Dare.

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