Stewart (NYSE: STC) Group President nets shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stewart Information Services Group President Iain Martyn Bryant reported a routine equity compensation event. On March 8, 2026, he exercised 449 restricted stock units, receiving 449 shares of common stock as they vested in equal annual installments over three years.
To cover tax obligations, 110 common shares were withheld at $67.00 per share, resulting in a net increase in his direct holdings. After these transactions, Bryant directly owns 4,051 shares of Stewart common stock, including 379 shares previously acquired through the employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
449 shares exercised/converted
Mixed
3 txns
Insider
Bryant Iain Martyn
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 449 | $0.00 | -- |
| Exercise | Common Stock | 449 | $0.00 | -- |
| Tax Withholding | Common Stock | 110 | $67.00 | $7K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 4,161 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of STC Common Stock. Includes 379 shares acquired through STC's Employee Stock Purchase Plan. The restricted stock units vested in three equal annual installments on March 8, 2024, March 8, 2025, and March 8, 2026.
FAQ
What insider transaction did STC Group President Iain Martyn Bryant report?
Iain Martyn Bryant reported exercising 449 restricted stock units into 449 shares of Stewart Information Services common stock. The units vested in three equal annual installments on March 8, 2024, 2025, and 2026, reflecting a scheduled equity compensation event rather than an open-market trade.
Were Bryant’s STC restricted stock units part of a multi-year vesting schedule?
Yes. The restricted stock units vested in three equal annual installments on March 8, 2024, March 8, 2025, and March 8, 2026. Each vested unit entitled Bryant to receive one share of Stewart Information Services common stock upon settlement, reflecting a structured long-term incentive.
Does this STC Form 4 show an open-market purchase or sale by Bryant?
No open-market purchase or sale is reported. The Form 4 shows a derivative exercise of 449 restricted stock units into common shares, plus 110 shares withheld to cover tax liabilities, which is treated as a tax-withholding disposition rather than a discretionary market trade.
What does each restricted stock unit represent in Bryant’s STC award?
Each restricted stock unit represents a contingent right to receive one share of Stewart Information Services common stock. Once the vesting conditions were satisfied on the scheduled dates, the units converted into an equal number of common shares credited to Bryant’s direct holdings.