MCNITT PETER 4
4 · OLD REPUBLIC INTERNATIONAL CORP · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Old Republic (ORI) Director Peter McNitt Receives RSU Award
What Happened
Peter McNitt, a director of Old Republic International Corporation (ORI), received a grant of 1,918 restricted stock units (RSUs) on 2026-01-29. To satisfy tax withholding tied to the award, 449 shares were surrendered (disposed) at an indicated price of $39.05 per share, totaling $17,533. The grant (code A) is an award, not a purchase; the share surrender (code F) was a routine tax-withholding action.
Key Details
- Transaction date: 2026-01-29.
- Award: 1,918 RSUs granted (Transaction code A).
- Tax withholding: 449 shares surrendered at $39.05 each, proceeds/value $17,533 (Transaction code F).
- Shares owned after the transaction: Not specified in the provided filing.
- Footnotes: F1 — RSUs vest on the one-year anniversary of the grant; the reporting person may elect cash in lieu of shares up to expected tax liability. F2 — Shares were surrendered to satisfy tax liabilities on vesting.
- Timeliness: Filing dated 2026-02-02 appears to be timely (within the SEC’s two-business-day Form 4 window).
Context: This filing documents an equity award (RSUs) and a routine cashless withholding of shares to cover taxes. Such withholdings are common and do not necessarily indicate a change in the director’s market view.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-29+1,918→ 14,237 total - Tax Payment
Common Stock
[F2]2026-01-29$39.05/sh−449$17,533→ 13,788 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.