Form 4: Stewart Information Services Corp: Group President Brad Rable Reports Stock Transactions
SEC Form 4
Group President Brad Rable reported transactions involving Stewart Information Services Corp (STC) common stock, including the vesting and disposal of restricted stock units.
Summary
- On March 8, 2025, Brad Rable exercised 1,012 restricted stock units and disposed of 247 shares to cover tax obligations at a price of $68.84 per share.
- Following these transactions, he directly owns 28,432 shares of common stock.
- On March 9, 2025, Rable exercised 642 restricted stock units and disposed of 157 shares to cover tax obligations at a price of $68.84 per share.
- Following these transactions, he directly owns 28,917 shares of common stock.
- On March 10, 2025, Rable disposed of 300 shares of common stock as a gift.
- Following these transactions, he directly owns 28,617 shares of common stock.
- Rable also directly owns 0 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions have no impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | First vesting date of restricted stock units (1) |
| 03/09/2023 | First vesting date of restricted stock units (2) |
| 03/08/2025 | Transaction date: vesting of 1,012 restricted stock units and disposal of 247 shares. |
| 03/09/2024 | Second vesting date of restricted stock units (2) |
| 03/09/2025 | Transaction date: vesting of 642 restricted stock units and disposal of 157 shares. |
| 03/08/2026 | Final vesting date of restricted stock units (1) |
| 03/10/2025 | Transaction date: disposal of 300 shares as a gift. |
| 03/11/2025 | Date of signature for the report. |
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