OBERST STEPHEN J 4

What Happened Stephen J. Oberst, Executive Vice President of Old Republic International (ORI), surrendered 3,426 shares on 2026-03-16 to satisfy tax withholding for the vesting of previously granted Restricted Stock Awards. The shares were valued at $40.10 each, totaling approximately $137,383. This was a tax-withholding (disposition) of vested awards—not an open-market sale.

Key Details

• Transaction date and price: 2026-03-16 at $40.10 per share.
• Shares surrendered/disposed: 3,426; total value ≈ $137,383.
• Transaction code: F (tax withholding to cover tax liability on vesting).
• Footnote: F1 — Surrender of shares to cover tax liability for the vesting of previously granted Restricted Stock Awards.
• Shares owned after transaction: not specified in this filing.
• Filing timeliness: Reported on Form 4 filed 2026-03-18 (appears timely; Form 4s are generally due within two business days).

Context This was an administrative tax-withholding action related to vested restricted stock, commonly done by surrendering shares and not usually a signal of manager sentiment. Unlike open-market purchases or sales, tax withholding transactions primarily reflect payroll/tax obligations rather than trading intent.