Sheckler Erinlea 4
Research Summary
AI-generated summary
Stewart (STC) Group President Erinlea Sheckler Receives RSUs
What Happened
- Erinlea Sheckler, Group President of Stewart Information Services (STC), had restricted stock units (RSUs) convert/settle and received new RSU awards on 2026-03-26. The filing shows conversions of 1,519 and 807 derivative units into common shares (total 2,326 shares acquired by conversion). To cover tax withholding, 380 shares ($59.38 each, $22,564) and 202 shares ($59.38 each, $11,995) were surrendered—582 shares withheld in total, valued at $34,559. The filing also reports two separate RSU grant entries of 4,799 shares each.
Key Details
- Transaction date: 2026-03-26; Form 4 filed 2026-03-27.
- Tax-withheld share disposals: 380 shares @ $59.38 = $22,564 and 202 shares @ $59.38 = $11,995 (total $34,559).
- Conversions/exercises: 1,519 and 807 derivative units converted into shares (2,326 shares total).
- New awards: two grant entries of 4,799 RSUs each (listed as acquired @ $0.00).
- Footnotes: RSUs represent contingent rights to one share each (F1); vesting schedules vary by award (see F2–F5 for each grant’s vesting timetable).
- Shares owned after the transaction are not specified in the provided data.
Context
- These entries reflect awards vesting/converting and tax withholding (common for RSU settlements), not open-market purchases or sales. The tax-withholding disposals are routine and do not by themselves indicate a buy/sell market signal. RSUs are deferred compensation that convert into shares per the noted vesting schedules; some derivative entries reflect cancellation/settlement of the awards when converted.