Form 4: Old Republic International Corp: Officer Thomas Dare Reports Stock Transaction
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
| Date | Description |
|---|---|
| 03/14/2025 | Date of stock transaction (surrender of shares for tax liability). |
| 03/18/2025 | Date of signature by Victoria Pool, Power of Attorney for Thomas Dare. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.