Sodaro Frank Joseph 4

What Happened

• Frank Joseph Sodaro, Senior Vice President and Chief Financial Officer of Old Republic International Corp (ORI), surrendered 2,447 shares on 2026-03-16 to satisfy tax withholding related to the vesting of previously granted restricted stock awards. The reported per-share value was $40.10, for a total value of $98,125. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-16; reported filing date: 2026-03-18 (timely).
• Price per share: $40.10; total value reported: $98,125.
• Shares surrendered/disposed: 2,447.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote F1: Surrender of shares to cover tax liability for the vesting of previously granted Restricted Stock Awards.
• Transaction type/code: F (payment of exercise price or tax liability via share surrender).

Context

• This was a routine tax-withholding action tied to vested restricted stock awards (a “share surrender” or cashless withholding), which is administrative and does not necessarily indicate the insider’s view of the company. It differs from an open-market sale because the shares are withheld to meet tax obligations rather than sold for liquidity.