Old Republic CEO exercises 9,628 RSUs
OLD REPUBLIC INTERNATIONAL CORP President & CEO Craig R. Smiddy exercised previously granted equity awards and had shares withheld for taxes.
Rhea-AI Filing Summary
OLD REPUBLIC INTERNATIONAL CORP President & CEO Craig R. Smiddy exercised previously granted equity awards and had shares withheld for taxes. On March 6, 2026, 9,628 2024 Restricted Stock Units converted into the same number of common shares on a one-for-one basis at a stated price of $0.0000 per share. Of these, 2,821 common shares were surrendered at $42.07 per share to cover tax liability tied to the RSU vesting, leaving 138,383 common shares held directly, which includes 27,388 unvested Restricted Stock Awards. Smiddy also reports 45,519 common shares held indirectly through an ORI 401(k) account. The RSUs were granted on March 6, 2024 and vest in three equal annual installments beginning March 6, 2025, making these transactions part of a scheduled compensation-vesting cycle rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2024 Restricted Stock Unit | 9,628 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,628 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,821 | $42.07 | $119K |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Restricted Stock Units convert into common stock on a one-for-one basis.
- F2. Includes 27,388 unvested Restricted Stock Awards.
- F3. Surrender of shares to cover tax liability for the vesting of previously granted Restricted Stock Units.
- F4. On March 6, 2024, the reporting person was granted Restricted Stock Units that vest in three equal annual installments beginning March 6, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ORI CEO Craig Smiddy report on March 6, 2026?
How do the 2024 Restricted Stock Units for ORI’s CEO vest over time?
Did the ORI CEO make any open-market purchases or sales in this Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.