STEWART INFORMATION (NYSE: STC) executive nets shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STEWART INFORMATION SERVICES CORP Group President Ryan M. Swed reported routine stock compensation activity involving restricted stock units (RSUs). On May 1, 2026, he exercised RSUs covering 802 shares of common stock, reflecting a vesting event under his equity awards.
In connection with this vesting, 241 shares of common stock were disposed of at $69.10 per share to satisfy tax obligations, a tax-withholding disposition rather than an open-market sale. After these transactions, Swed directly owned 11,393 shares of STC common stock. Footnotes explain each RSU represents one share and that the units vest in three equal annual installments through May 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
802 shares exercised/converted
Mixed
3 txns
Insider
Swed Ryan M.
Role
Group President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 802 | $0.00 | -- |
| Exercise | Common Stock | 802 | $0.00 | -- |
| Tax Withholding | Common Stock | 241 | $69.10 | $17K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Common Stock — 11,634 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of STC Common Stock. The restricted stock units vest in three equal annual installments on May 1, 2024, May 1, 2025, and May 1, 2026.
Key Figures
RSUs exercised: 802 shares
Tax-withheld shares: 241 shares
Tax-withholding price: $69.10 per share
+2 more
5 metrics
RSUs exercised
802 shares
Restricted stock units converted into common stock on May 1, 2026
Tax-withheld shares
241 shares
Shares disposed to satisfy tax obligations on vesting
Tax-withholding price
$69.10 per share
Valuation used for 241-share tax-withholding disposition
Shares owned after transactions
11,393 shares
Direct STC common stock holdings following Form 4 events
Tax-withholding shares total
241 shares
Matches transactionSummary taxWithholdingShares figure
Key Terms
Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, vest in three equal annual installments
4 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" and footnote stating each unit represents one share of STC Common Stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for the 241-share transaction"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for the RSU conversion into common stock"
vest in three equal annual installments financial
"footnote: "The restricted stock units vest in three equal annual installments""
FAQ
What did STC executive Ryan M. Swed report in this Form 4 filing?
Ryan M. Swed reported routine equity compensation activity, exercising 802 restricted stock units into common shares. As part of the vesting, 241 shares were withheld to cover taxes, and he finished with 11,393 STC common shares held directly.
What is the vesting schedule for Ryan Swed’s restricted stock units at STC?
The restricted stock units vest in three equal annual installments on May 1, 2024, May 1, 2025, and May 1, 2026. Each RSU represents a contingent right to receive one share of Stewart Information Services (STC) common stock upon vesting and settlement.