Kain Emily 4
Research Summary
AI-generated summary
STC CHRO Emily Kain Receives RSUs — 3,905 Shares Vest
What Happened
- Emily Kain, Chief Human Resource Officer of Stewart Information Services Corp (STC), had restricted stock units (RSUs) convert into 3,905 shares on March 8, 2026. To cover tax withholding, 951 of those shares were surrendered at $67.00 per share for a total tax withholding of $63,717 (breakdown: 778 shares -> $52,126; 173 shares -> $11,591), leaving a net 2,954 shares issued to her.
Key Details
- Transaction date: March 8, 2026; Form 4 filed March 10, 2026 (appears timely).
- Conversion: 3,195 shares and 710 shares converted from RSU/derivative (total 3,905 shares) — reported with code M (exercise/conversion of derivative).
- Tax withholding: 778 and 173 shares withheld (code F) at $67.00/share, total withheld value $63,717.
- Footnotes: F1 — each RSU represents one share; F2/F3 — RSUs vested (final installment) on March 8, 2026 (part of a three‑year vesting schedule).
- Shares owned after the transaction: not provided in the supplied report.
Context
- This was an RSU vesting event (award conversion), not an open‑market buy or sale. The M entries reflect conversion of derivative awards into common shares; the F entries are routine share‑withholding to satisfy tax obligations. Such awards are standard compensation and do not by themselves indicate the insider’s view on the company’s stock.