Director Morris (NYSE: STC) receives 1,791 Stewart Information shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Morris Matthew reported acquisition or exercise transactions in this Form 4 filing.
STEWART INFORMATION SERVICES CORP director Matthew Morris received an award of 1,791 shares of Common Stock at no cost under STC's 2020 Incentive Plan. Following this stock award, his direct holdings total 68,827 shares of STC common stock.
The filing also reports indirect holdings of 49,830 shares held by the Matthew W Morris Heritage Trust and 10 shares held via an IRA. The IRA balance was adjusted by one share to correct a previous clerical error, indicating a small administrative change rather than a market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Morris Matthew
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,791 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 68,827 shares (Direct, null);
Common Stock — 10 shares (Indirect, By IRA)
Footnotes (1)
- Reflects an award of stock pursuant to STC's 2020 Incentive Plan. The Reporting Person's indirect holdings via IRA have been adjusted by one share to correct a previous clerical error.
Key Figures
Stock award: 1,791 shares
Direct holdings after award: 68,827 shares
Trust holdings: 49,830 shares
+1 more
4 metrics
Stock award
1,791 shares
Common Stock granted at $0.0000 per share under 2020 Incentive Plan
Direct holdings after award
68,827 shares
Common Stock directly owned after 1,791-share grant
Trust holdings
49,830 shares
Indirect ownership via Matthew W Morris Heritage Trust
IRA holdings
10 shares
Indirect ownership via IRA after one-share clerical correction
Key Terms
2020 Incentive Plan, Common Stock, IRA, indirect holdings
4 terms
2020 Incentive Plan financial
"Reflects an award of stock pursuant to STC's 2020 Incentive Plan."
Common Stock financial
"Reflects an award of stock pursuant to STC's 2020 Incentive Plan."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
IRA financial
"The Reporting Person's indirect holdings via IRA have been adjusted by one share"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
indirect holdings financial
"The Reporting Person's indirect holdings via IRA have been adjusted by one share"
FAQ
What did Matthew Morris report in his Form 4 for STC?
Matthew Morris reported receiving an award of 1,791 shares of STEWART INFORMATION SERVICES CORP common stock. The shares were granted at no cost under the company’s 2020 Incentive Plan, increasing his direct ownership stake in STC.
What indirect STC holdings does Matthew Morris report?
Morris reports 49,830 STC common shares held indirectly through the Matthew W Morris Heritage Trust and 10 shares held via an IRA. These positions represent additional ownership interests separate from his directly held 68,827 shares.
Why was Matthew Morris’s IRA position in STC adjusted?
The Form 4 notes that Morris’s indirect STC holdings via his IRA were adjusted by one share to correct a previous clerical error. This change reflects a bookkeeping correction rather than a new purchase or sale of shares.
Does this STC Form 4 show any insider sales by Matthew Morris?
The Form 4 does not report any insider sales by Matthew Morris. It shows a stock award of 1,791 shares under the incentive plan and a one-share adjustment in his IRA, both non-sale, administrative or compensation-related entries.