Old Republic (NYSE: ORI) director logs 1,918 RSUs, tax share move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Old Republic International director Peter McNitt reported equity compensation and a related tax transaction in company common stock. On January 29, 2026, he acquired 1,918 shares at $0, reflecting restricted stock units that vest one year after the grant date. On the same date, 449 shares were surrendered at $39.05 per share to cover tax liabilities from previously vested restricted stock units. After these transactions, McNitt directly beneficially owned 13,788 shares of Old Republic common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
MCNITT PETER
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,918 | $0.00 | -- |
| Tax Withholding | Common Stock | 449 | $39.05 | $18K |
Holdings After Transaction:
Common Stock — 14,237 shares (Direct)
Footnotes (1)
- Represents restricted stock units, vesting on the one-year anniversary of the grant date. In order to provide the reporting person with liquidity for any tax obligations that arise upon vesting of the restricted stock units, prior to the vesting date, the reporting person may elect to receive a portion of the award in cash in lieu of Common Stock in an amount that does not exceed the expected tax liability based on the maximum individual statutory tax rates. Shares surrendered in exchange for a cash payment to satisfy tax liabilities incident to the vesting of previously awarded restricted stock units.
FAQ
What insider transaction did ORI director Peter McNitt report?
Director Peter McNitt reported acquiring 1,918 shares of Old Republic common stock tied to restricted stock units. He also recorded a surrender of 449 shares to cover tax liabilities from vesting awards, leaving him with 13,788 directly owned shares after the transactions.
What do the 1,918 ORI restricted stock units reported by McNitt represent?
The 1,918 units represent restricted stock units that vest on the one-year anniversary of the grant date. The terms allow McNitt to elect to receive part of the award in cash, instead of shares, up to the amount of his expected tax liability.
Does Peter McNitt’s ORI Form 4 indicate direct or indirect ownership?
The filing shows Peter McNitt’s ownership as direct for the reported Old Republic common stock. Both the 1,918-share acquisition and the 449-share surrender list ownership form as “D,” indicating directly held shares rather than indirect holdings through another entity.