Giddens Elizabeth 4

What Happened

• Elizabeth Giddens, Chief Legal Officer and Secretary of Stewart Information Services Corp (STC), had restricted awards convert into common stock on March 8, 2026. A total of 6,276 derivative units were converted into shares (5,135 + 1,141). To satisfy tax withholding, 1,529 shares were surrendered at $67.00 per share (1,251 and 278 shares), generating $102,443 in withholding value. Net shares issued to her were 4,747 (6,276 converted minus 1,529 withheld).
• The transactions are vesting/conversion and tax-withholding events (not open-market sales). The filings show conversions/dispositions of the derivative awards at $0.00 to reflect the unit-to-share conversions.

Key Details

• Transaction date: March 8, 2026; Form 4 filed March 10, 2026 (appears timely).
• Actions reported: Exercise/conversion of derivative awards (code M) and share withholding to satisfy tax liability (code F).
• Shares converted: 6,276 total (5,135 and 1,141). Shares withheld for taxes: 1,529 (1,251 and 278) at $67.00 each, totaling $102,443.
• Net new shares received by the insider: 4,747.
• Footnotes: F1 = each restricted performance unit converts to one share; F3/F4 = RSUs/units vested on March 8, 2026 (some awards vested fully, others vested in scheduled installments); F2 notes 379 shares acquired through the company’s Employee Stock Purchase Plan are included in holdings information.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context

• This was a compensation/vesting event (restricted performance units/restricted stock units converting to common shares). The withholding of 1,529 shares to cover taxes is a common cashless settlement mechanism and should not be read as an optional market sell-off or a directional bet on the stock.
• Such filings document insider compensation realizations rather than discretionary market purchases or strategic sales; they are routine when awards vest.