MONROE CAROLYN 4

What Happened

• Carolyn Monroe, Senior Vice President — Title Insurance at Old Republic (ORI), had 2,892 restricted stock units convert into common shares on March 11, 2026. Of those, 705 shares were surrendered to satisfy tax withholding at $40.65/share, generating ~$28,658 in tax payment; the conversion showed $0 exercise price. Net shares received from this vesting event were 2,187 (2,892 converted − 705 surrendered).

Key Details

• Transaction date: March 11, 2026.
• Conversion/exercise: 2,892 shares (code M), recorded at $0.00 (RSU conversion/settlement).
• Tax withholding: 705 shares surrendered (code F) at $40.65 each = $28,658.
• Shares owned after transaction: Not specified in the filing provided.
• Relevant footnotes:
  • F1: Restricted Stock Units convert one-for-one into common stock.
  • F2: Filing notes 7,348 unvested Restricted Stock Awards remaining.
  • F3: The 705-share disposition was a surrender to cover tax liability for vested RSUs.
  • F4: These RSUs were granted on March 11, 2025 and vest in three equal annual installments starting March 11, 2026.
• Filing timeliness: Report filed 03/13/2026 for a 03/11/2026 transaction — filed within the typical 2-business-day Section 16 reporting period (timely).

Context

• This was an RSU vesting/settlement event (derivative conversion), not an open-market sale or purchase. The surrender of shares to cover taxes is a routine withholding method and does not indicate an open-market disposition of remaining shares.