Parker, Jr. Elton C. 4
Research Summary
AI-generated summary
Investors Title (ITIC) Director Elton C. Parker, Jr. Receives 750-Share Award
What Happened Elton C. Parker, Jr., a director of Investors Title Co. (ITIC), was granted 750 shares via an award/derivative acquisition on May 20, 2026. The filing reports an acquisition price of $0.00 per share (total reported value $0), indicating a compensatory award or similar derivative grant rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-20; Filing date (Form 4): 2026-05-21 (appears timely).
- Price reported: $0.00 per share; 750 shares acquired (derivative award).
- Shares owned after transaction: not specified in the filing.
- Footnotes/plan details: none provided in the Form 4 summary.
- Transaction code: A (award/other acquisition).
Context This was an award-based acquisition (derivative), commonly part of director compensation (e.g., restricted stock units or stock awards). Such grants are administrative/compensatory and do not necessarily signal a purchase-based vote of confidence by the insider.