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
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2025 Restricted Stock Unit | 2,892 | $0.00 | -- |
| Exercise | Common Stock | 2,892 | $0.00 | -- |
| Tax Withholding | Common Stock | 705 | $40.65 | $29K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Restricted Stock Units convert into common stock on a one-for-one basis. Includes 7,348 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 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.
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.