Old Republic (NYSE: ORI) SVP exercises options and sells shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Old Republic International senior vice president for title insurance Carolyn J. Monroe reported multiple stock transactions. On February 2, 2026, she exercised 16,500 employee stock options at $21.30 per share, converting them into common stock.
A portion of the acquired shares, 10,974, was withheld by the company in a “net exercise” to cover the option exercise price and tax withholding at a value of $39.17 per share. Monroe then sold 3,926 shares at $39.28 and 1,600 shares at $39.29. After these transactions, she directly beneficially owned 27,875 common shares, which include 7,348 unvested restricted stock awards, and indirectly held 1,452 shares through the ORI 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,526 shares ($217,077)
Net Sell
6 txns
Insider
MONROE CAROLYN
Role
SVP - Title Insurance
Sold
5,526 shs ($217K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2021 Employee Stock Option | 16,500 | $0.00 | -- |
| Exercise | Common Stock | 16,500 | $21.30 | $351K |
| Tax Withholding | Common Stock | 10,974 | $39.17 | $430K |
| Sale | Common Stock | 3,926 | $39.28 | $154K |
| Sale | Common Stock | 1,600 | $39.29 | $63K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2021 Employee Stock Option — 0 shares (Direct);
Common Stock — 44,375 shares (Direct);
Common Stock — 1,452 shares (Indirect, By ORI 401K)
Footnotes (1)
- Includes 7,348 unvested Restricted Stock Awards. Pursuant to a "net exercise" of outstanding stock options, the Issuer withheld a portion of the shares of common stock to be acquired upon exercise for payment of the exercise price and tax withholdings. This grant became exercisable each December 31 at the rate of 10% the first year, 15% the second year, 20% the third year, 25% the fourth year, and 30% the fifth year, beginning on the date shown.
FAQ
What insider activity did ORI executive Carolyn Monroe report on this Form 4?
Carolyn J. Monroe reported exercising stock options and related share movements. She exercised 16,500 options, had shares withheld in a net exercise, sold some shares, and ended with 27,875 directly held and 1,452 indirectly held ORI shares.
How many Old Republic (ORI) stock options did Carolyn Monroe exercise?
She exercised 16,500 employee stock options on February 2, 2026 at an exercise price of $21.30 per share. These options converted into an equal number of Old Republic common shares before subsequent withholding and sales described in the Form 4.
What does the net exercise in Carolyn Monroe’s ORI Form 4 mean?
The net exercise means Old Republic withheld some of the newly issued shares instead of taking cash for the option cost and taxes. Specifically, 10,974 shares were withheld to satisfy the exercise price and tax obligations on the 16,500 options.
What is Carolyn Monroe’s role at Old Republic International (ORI)?
Carolyn J. Monroe is reported as an officer of Old Republic International with the title “SVP – Title Insurance.” This means she serves as a senior vice president overseeing title insurance operations, and her transactions are reported under Section 16 insider rules.