Form 4: Stewart Information Services CFO Exercises Performance Stock Units
SEC Form 4 Filing
David C. Hisey, CFO of Stewart Information Services Corp, exercised performance stock units and sold shares to cover taxes on February 28, 2024.
Summary
- On February 28, 2024, David C. Hisey, the Chief Financial Officer of Stewart Information Services Corp (STC), exercised performance stock units, acquiring 4,942 shares of common stock.
- Following the exercise, Hisey disposed of 1,562 shares of common stock at a price of $61.61 per share to satisfy tax obligations.
- After these transactions, Hisey directly owns 60,265 shares of STC common stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders trade their company's stock. This provides transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of earliest transaction: Exercise of performance stock units and sale of shares. |
| 03/01/2024 | Date of signature on the Form 4 filing. |
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