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

Thomas Dare, a Senior Vice President, Secretary, and General Counsel at Old Republic International Corp, reported the surrender of shares to cover tax liabilities and holdings in a 401K.

Summary

• On May 24, 2024, Thomas Dare, a Senior Vice President, Secretary, and General Counsel at Old Republic International Corp, reported a transaction involving the surrender of 3,131 shares of common stock to cover tax liabilities related to the vesting of previously granted Restricted Stock Awards (RSAs).
• The shares were surrendered at a price of $31.30 per share.
• Following the transaction, Dare directly owns 44,633 shares of common stock, which includes 23,355 unvested RSAs.
• Dare also indirectly owns 5,104 shares through a 401K.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure of stock transactions by a company officer, which is common in publicly traded companies. It provides transparency into the trading activities of insiders.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares being surrendered by an officer to cover tax obligations.

Key Dates