TAUBITZ FREDRICKA 4
4 · OLD REPUBLIC INTERNATIONAL CORP · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Old Republic (ORI) Director Fredricka Taubitz Receives Award, Sells 754
What Happened Fredricka Taubitz, a director of Old Republic International Corp. (ORI), was granted 1,918 restricted stock units (RSUs) on 2026-01-29 (code A). To satisfy tax withholding obligations tied to the award, 754 shares were surrendered (code F) at an effective value of $39.05 per share, for a cash value of $29,444. The RSU grant is reported at $0.00 per share because it is an award (not an open-market purchase).
Key Details
- Transaction date: 2026-01-29; Form 4 filed: 2026-02-02.
- Award: 1,918 RSUs granted (reported at $0.00).
- Tax withholding/disposition: 754 shares surrendered at $39.05 each = $29,444.
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: F1 — units are RSUs vesting on the one-year anniversary; recipient may elect cash in lieu of stock up to expected tax liability. F2 — shares were surrendered to satisfy tax liabilities (cashless withholding).
- Timeliness: Filing appears on 2026-02-02 for a 2026-01-29 transaction, which is later than the typical two-business-day Form 4 deadline.
Context This was an RSU grant plus routine tax-withholding (share surrender), not an open-market sale or a purchase indicating a change in investment stance. The surrendered shares represent cashless tax withholding to satisfy tax obligations when the award vests, per the filing footnotes.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-29+1,918→ 24,957 total - Tax Payment
Common Stock
[F2]2026-01-29$39.05/sh−754$29,444→ 24,203 total
Footnotes (2)
- [F1]Represents restricted stock units, vesting on the one-year anniversary of the grant date. In order to provide the reporting person with liquidity for any tax obligations that arise upon vesting of the restricted stock units, prior to the vesting date, the reporting person may elect to receive a portion of the award in cash in lieu of Common Stock in an amount that does not exceed the expected tax liability based on the maximum individual statutory tax rates.
- [F2]Shares surrendered in exchange for a cash payment to satisfy tax liabilities incident to the vesting of previously awarded restricted stock units.