Old Republic CFO exercises RSUs, withholds shares for tax

Old Republic International Sr.

Accepted by SEC EDGAR 03/13/2026 - 01:26 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Old Republic International Sr. VP & CFO Frank Joseph Sodaro reported routine equity compensation activity. On March 11, 2026, 2,752 Restricted Stock Units converted into 2,752 shares of common stock at a stated price of $0.00 per share.

To cover tax liabilities from this vesting, 807 common shares were surrendered at $40.65 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, he directly holds 48,696 common shares and 5,511 restricted stock units, plus 4,455 shares held indirectly through an ORI 401(k) account.

Insider Trade Summary

2,752 shares exercised/converted

Exercise 3 txns

Insider Sodaro Frank Joseph

Role Sr. VP. & CFO

Type	Security	Shares	Price	Value
Exercise	2025 Restricted Stock Unit	2,752	$0.00	$0.00
Exercise	Common Stock	2,752	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	807	$40.65	$33K
Holding	Common Stock	--	--	--

Holdings After Transaction: 2025 Restricted Stock Unit — 5,511 contracts (Direct); Common Stock — 48,696 shares (Direct); Common Stock — 4,455 shares (Indirect, By ORI 401K)

Holdings Before and After: 2025 Restricted Stock Unit, 8,263 to 5,511 contracts (Direct); Common Stock, 46,751 to 48,696 shares (Direct)

Footnotes (4)

1. F1. Restricted Stock Units convert into common stock on a one-for-one basis.
2. F2. Includes 8,350 unvested Restricted Stock Awards.
3. F3. Surrender of shares to cover tax liability for the vesting of previously granted Restricted Stock Units.
4. F4. On March 11, 2025, the reporting person was granted Restricted Stock Units that vest in three equal annual installments beginning March 11, 2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ORI CFO Frank Sodaro report?

ORI CFO Frank Sodaro reported routine equity compensation activity. 2,752 Restricted Stock Units vested and converted into the same number of common shares, followed by a tax-related share surrender, rather than an open-market purchase or sale, as part of his compensation package.

How many Old Republic (ORI) shares did the CFO acquire and dispose?

The CFO acquired 2,752 common shares through RSU conversion and disposed of 807 shares to satisfy tax obligations. The net effect increased his direct common share holdings, while the disposition was strictly for withholding taxes, not a discretionary market sale.

Was the ORI CFO’s Form 4 transaction an open-market sale or purchase?

The filing shows no open-market purchase or sale. Shares were acquired through RSU vesting and some were surrendered to cover tax liabilities, a non-market transaction that does not reflect an independent decision to buy or sell shares in the open market.

What are Frank Sodaro’s ORI holdings after these Form 4 transactions?

After the reported transactions, Frank Sodaro holds 48,696 ORI common shares directly and 5,511 restricted stock units. He also has 4,455 common shares held indirectly through an ORI 401(k) account, according to the ownership details disclosed in the filing.

What does the tax-withholding disposition mean in the ORI Form 4?

The tax-withholding disposition means 807 ORI shares were surrendered at $40.65 each to pay taxes on vested RSUs. This mechanism substitutes cash tax payment with shares and is treated as a non-market event rather than a voluntary sale of stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sodaro Frank Joseph

(Last) (First) (Middle)

307 N. MICHIGAN AVENUE

SUITE 2300

(Street)

CHICAGO IL 60601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
OLD REPUBLIC INTERNATIONAL CORP [ ORI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. VP. & CFO

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2026		M		2,752	A	(1)	49,503(2)	D
Common Stock	03/11/2026		F(3)		807	D	$40.65	48,696(2)	D
Common Stock								4,455	I	By ORI 401K

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
2025 Restricted Stock Unit	(1)	03/11/2026		M			2,752	(4)	(4)	Common Stock	2,752	$0	5,511	D

Explanation of Responses:

1. Restricted Stock Units convert into common stock on a one-for-one basis.

2. Includes 8,350 unvested Restricted Stock Awards.

3. Surrender of shares to cover tax liability for the vesting of previously granted Restricted Stock Units.

4. On March 11, 2025, the reporting person was granted Restricted Stock Units that vest in three equal annual installments beginning March 11, 2026.

Remarks:

	By Victoria Pool, Power of Attorney for Frank Sodaro	03/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.