Stewart Information (NYSE: STC) grants 6,012 RSUs to its group president
Rhea-AI Filing Summary
Stewart Information Services Group President Brad Rable reported a mix of equity compensation activity and related tax withholding. He exercised restricted stock units covering 2,047 shares of common stock and had 499 shares withheld at about $59.38 per share to cover taxes. He also received a new grant of 6,012 restricted stock units, each representing a right to one share of common stock. Following these transactions, he directly holds 29,630 shares of common stock and 6,012 restricted stock units that vest in three equal annual installments beginning on March 26, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,548 shares
Net Buy
7 txns
Insider
Rable Brad
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,255 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 792 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 6,012 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,255 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 306 | $59.38 | $18K |
| Exercise | Common Stock | 792 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 193 | $59.38 | $11K |
Holdings After Transaction:
Restricted Stock Unit — 1,257 shares (Direct);
Restricted Stock Units — 7,596 shares (Direct);
Common Stock — 29,630 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of STC Common Stock.
- F2. The restricted stock units vest in three equal annual installments on March 26, 2025, March 26, 2026, and March 26, 2027.
- F3. The restricted stock units vest in three equal annual installments on March 26, 2026, March 26, 2027, and March 26, 2028.
- F4. The restricted stock units will vest in three equal annual installments beginning March 26, 2027.
FAQ
What insider transactions did STC executive Brad Rable report on this Form 4?
Brad Rable reported exercising restricted stock units into 2,047 shares of Stewart Information common stock, a new grant of 6,012 restricted stock units, and 499 shares withheld to satisfy tax obligations. These events reflect compensation and tax mechanics, not open-market buying or selling.
How many restricted stock units were granted to STC’s Brad Rable?
Brad Rable received a grant of 6,012 restricted stock units. Each unit represents a contingent right to one share of Stewart Information Services common stock, creating a potential future equity stake as the units vest over time according to the specified schedule.
When do Brad Rable’s newly granted STC restricted stock units vest?
The newly granted restricted stock units to Brad Rable vest in three equal annual installments beginning on March 26, 2027. Earlier RSU awards referenced in the filing vest in similar three-year annual schedules tied to March 26, 2025 through March 26, 2028.
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