Old Republic (NYSE: ORI) executive exercises 2,752 RSUs, surrenders 725 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLD REPUBLIC INTERNATIONAL CORP executive Jeffrey Lange reported routine equity compensation activity. On March 11, 2026, he exercised 2,752 Restricted Stock Units into an equal number of common shares at a stated price of $0.00 per share.
Lange then had 725 common shares surrendered to cover tax liabilities related to the vesting of these units at $40.65 per share, a tax-withholding disposition rather than an open-market sale. Following these transactions, he directly held 28,518 common shares and indirectly held 3,953 common shares through an ORI 401(k), and also had 8,350 unvested restricted stock awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,752 shares exercised/converted
Mixed
4 txns
Insider
LANGE JEFFREY
Role
SVPUnderwriting & Distribution
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 Restricted Stock Unit | 2,752 | $0.00 | -- |
| Exercise | Common Stock | 2,752 | $0.00 | -- |
| Tax Withholding | Common Stock | 725 | $40.65 | $29K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
2025 Restricted Stock Unit — 5,511 shares (Direct);
Common Stock — 29,243 shares (Direct);
Common Stock — 3,953 shares (Indirect, BY ORI 401K)
Footnotes (1)
- Restricted Stock Units convert into common stock on a one-for-one basis. Includes 8,350 unvested Restricted Stock Awards. Surrender of shares to cover tax liability for the vesting of previously granted Restricted Stock Units. On March 11, 2025, the reporting person was granted Restricted Stock Units that vest in three equal annual installments beginning March 11, 2026.
FAQ
What insider transactions did ORI executive Jeffrey Lange report on March 11, 2026?
Jeffrey Lange reported exercising 2,752 Restricted Stock Units into common stock and a related tax-withholding disposition of 725 common shares. These actions reflect equity compensation vesting and tax coverage rather than open-market buying or selling of Old Republic International common stock.
What type of derivative security did ORI’s Jeffrey Lange exercise in this Form 4?
He exercised 2,752 “2025 Restricted Stock Unit” derivative securities, which convert into common stock on a one-for-one basis. The exercise price was stated as $0.00 per unit, reflecting standard equity compensation rather than a market-priced option exercise or cash-funded stock purchase.