Old Republic (NYSE: ORI) director gets 1,918 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Old Republic International director Glenn W. Reed received an award of 1,918 shares of Common Stock on January 29, 2026, reported as an acquisition at a price of $0 per share. The award is in the form of restricted stock units that vest on the one-year anniversary of the grant date.
Upon vesting, Reed may elect to receive part of the award in cash instead of stock, limited to his expected tax liability at maximum statutory tax rates. After this grant, he beneficially owns 23,351 shares, including 1,615 shares previously acquired through a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
REED GLENN W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,918 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 23,351 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. Includes 1,615 shares acquired in unreported exempt transactions under a dividend reinvestment plan.
FAQ
What insider transaction did ORI director Glenn W. Reed report?
Glenn W. Reed reported receiving 1,918 shares of Old Republic International Common Stock on January 29, 2026. The award is classified as an acquisition at $0 per share and is structured as restricted stock units that vest one year after the grant date.
What are the key terms of Glenn W. Reed’s restricted stock units from ORI?
The 1,918 restricted stock units granted to Glenn W. Reed vest on the one-year anniversary of the grant date. At vesting, he may elect to receive a portion in cash instead of Common Stock, up to his expected tax liability at maximum statutory tax rates.