Risch Therace 4
4 · OLD REPUBLIC INTERNATIONAL CORP · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Old Republic (ORI) Director Risch Therace Receives Award
What Happened
Risch Therace, a director of Old Republic International Corp. (ORI), was granted 1,918 restricted stock units (RSUs) on 2026-01-29. The Form 4 reports these as an award (code A) at $0.00 per share (total reported acquisition value $0). This is a compensation award rather than a purchase or sale.
Key Details
- Transaction date: 2026-01-29; Form 4 filed 2026-02-02 (filed within the typical 2-business-day window).
- Instrument and amount: 1,918 restricted stock units; reported acquisition price $0.00.
- Shares owned after transaction: not specified in the provided summary of the filing.
- Footnote: RSUs vest on the one-year anniversary of the grant. Prior to vesting, Therace may elect to receive a portion of the award in cash in lieu of shares to cover estimated tax obligations (per footnote F1).
- Transaction code: A = Award/Grant.
Context
RSU grants are a common form of executive/director compensation and do not represent an open-market purchase or sale. The units vest in one year, at which point they will convert into shares (or cash if elected for tax withholding). This filing reports the grant only and does not by itself indicate buying or selling pressure.
Insider Transaction Report
- Award
Common Stock
[F1]2026-01-29+1,918→ 12,543 total
Footnotes (1)
- [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.