GRAY WILLIAM T 4

What Happened
William T. Gray, Executive Vice President and Treasurer of Old Republic International Corp (ORI), surrendered 2,034 shares on 2026-03-16 to cover tax withholding related to the vesting of previously granted restricted stock. The shares were valued at $40.10 each, totaling $81,563. This was a share surrender for tax purposes (a disposal), not a market-driven sale or purchase.

Key Details

• Transaction date: 2026-03-16; Filing date: 2026-03-18 (filed two days after the transaction, which appears timely for a Form 4).
• Transaction type/code: F — surrender of shares to cover tax liability.
• Shares surrendered/disposed: 2,034 at $40.10 per share; total value reported: $81,563.
• Shares owned after transaction: not specified in the summary filing provided.
• Footnote: F1 — Surrender of shares to cover tax liability for the vesting of previously granted Restricted Stock Awards.

Context
This was a routine tax-withholding transaction tied to restricted stock awards vesting. Such surrenders (sometimes called "net share withholding") are common and generally reflect tax obligations rather than a signal of the insider's view on the company's prospects.