Old Republic (NYSE: ORI) SVP exercises RSUs, nets more common shares
Rhea-AI Filing Summary
OLD REPUBLIC INTERNATIONAL CORP senior vice president Carolyn Monroe exercised restricted stock units that vested into 2,892 shares of common stock on March 11, 2026, converting them on a one-for-one basis at an exercise price of $0.00 per share.
To cover tax liabilities on this vesting, 705 shares of common stock were surrendered at $40.65 per share, leaving Monroe with 32,261 directly held common shares and 1,452 shares held indirectly via an ORI 401(k) account, plus 7,348 unvested restricted stock awards.
Positive
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FAQ
What insider transaction did ORI executive Carolyn Monroe report on March 11, 2026?
Carolyn Monroe reported exercising restricted stock units that converted into 2,892 shares of OLD REPUBLIC INTERNATIONAL common stock at an exercise price of $0.00. These shares resulted from previously granted RSUs that vested and were settled in common stock.
How many OLD REPUBLIC (ORI) shares did Carolyn Monroe surrender for taxes?
Monroe surrendered 705 shares of OLD REPUBLIC INTERNATIONAL common stock to cover tax liabilities, valued at $40.65 per share. This tax-withholding disposition is not an open-market sale but a standard mechanism tied to RSU vesting.
What are Carolyn Monroe’s OLD REPUBLIC (ORI) share holdings after the reported Form 4 transactions?
After the transactions, Monroe directly holds 32,261 shares of OLD REPUBLIC INTERNATIONAL common stock. She also has an additional 1,452 shares held indirectly through an ORI 401(k) account, reflecting her ongoing equity stake in the company.
Did Carolyn Monroe retain any unvested equity awards in OLD REPUBLIC INTERNATIONAL?
Yes. Following the reported transactions, Monroe’s position still includes 7,348 unvested restricted stock awards. These awards represent additional potential future common shares, subject to their vesting conditions and schedules.
How many restricted stock units did Carolyn Monroe exercise into ORI common stock?
Monroe exercised 2,892 restricted stock units, which converted into an equal number of OLD REPUBLIC INTERNATIONAL common shares on a one-for-one basis. This conversion followed the vesting of RSUs originally granted on March 11, 2025.
Is the tax-related share disposition by Carolyn Monroe a market sale of ORI stock?
No. The disposition of 705 shares at $40.65 per share was a tax-withholding transaction tied to RSU vesting. Shares were surrendered to satisfy tax obligations, not sold in an open-market trade.