Carolyn Monroe - May 1, 2024 Form 4 Insider Report for OLD REPUBLIC INTERNATIONAL CORP (ORI)

Signature
By Victoria Pool, Power of Attorney for Carolyn J. Monroe
Stock symbol
ORI
Transactions as of
May 1, 2024
Transactions value $
-$166,941
Form type
4
Date filed
5/3/2024, 11:18 AM
Previous filing
Mar 19, 2024
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORI Common Stock Options Exercise $729K +30K +89.31% $24.31 63.5K May 1, 2024 Direct F1
transaction ORI Common Stock Tax liability -$794K -26.6K -41.86% $29.86 36.9K May 1, 2024 Direct F1, F2
transaction ORI Common Stock Sale -$101K -3.38K -9.14% $30.04 33.6K May 1, 2024 Direct F1
holding ORI Common Stock 859 May 1, 2024 By ORI 401K

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ORI 2023 Employee Stock Option Options Exercise $0 -30K -33.3% $0.00 60K May 1, 2024 Common Stock 30K $24.31 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 28,014 unvested RSAs.
F2 Pursuant to a "net exercise" of outstanding stock options, the Company withheld a portion of the shares of common stock to be acquired upon exercise for payment of the exercise price and tax withholdings.
F3 The remainder of this grant will vest in equal installments on 3/16/2025 and 3/16/2026.