EPPINGER FREDERICK H 4

What Happened

• Frederick H. Eppinger, CEO of Stewart Information Services (STC), had restricted stock units (RSUs) convert to 38,455 shares on March 8, 2026. Of those, 18,594 shares were surrendered/withheld to cover tax obligations at $67.00 per share (total withheld ≈ $1,245,798). The remaining ~19,861 shares were delivered to him.
• These entries are recorded as exercise/conversion of derivatives (code M) for the RSU conversion and tax withholding (code F) for the shares used to satisfy tax liabilities. No open-market sale by the CEO is reported.

Key Details

• Transaction date: March 8, 2026; Form 4 filed March 10, 2026.
• Vesting and amounts: 31,463 shares (vested in full on 3/8/26) and 6,992 shares (final tranche of a 3-year vesting schedule) = total 38,455 shares converted.
• Tax withholding: 15,213 shares withheld (≈ $1,019,271) and 3,381 shares withheld (≈ $226,527) — combined ≈ $1,245,798 at $67.00/share.
• Net shares delivered to insider: ~19,861 shares (38,455 vested − 18,594 withheld).
• Footnotes: F1 clarifies each RSU equals one share; F2/F3 describe vesting schedules for the two RSU awards.
• Shares owned after transaction: not specified in the provided excerpt.
• Filing timeliness: Form filed two days after the vesting date (filed Mar 10 for Mar 8 transaction).

Context

• This was a standard RSU vesting with share withholding to satisfy tax obligations (a common cashless-withholding method), not an open-market sale. Such withholding is administrative and does not necessarily signal CEO buying or selling intent.