THOMAS DARE - 11 Mar 2025 Form 4 Insider Report for OLD REPUBLIC INTERNATIONAL CORP (ORI)

Signature
By Victoria Pool, Power of Attorney for Thomas Dare
Issuer symbol
ORI
Transactions as of
11 Mar 2025
Net transactions value
-$1,643,457
Form type
4
Filing time
13 Mar 2025, 14:06:11 UTC
Previous filing
10 Mar 2025
Next filing
18 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORI Common Stock Options Exercise $198,000 +9,375 +20% $21.12 55,931 11 Mar 2025 Direct F1
transaction ORI Common Stock Options Exercise $291,060 +18,000 +32% $16.17 73,931 11 Mar 2025 Direct F1
transaction ORI Common Stock Options Exercise $447,300 +21,000 +28% $21.30 94,931 11 Mar 2025 Direct F1
transaction ORI Common Stock Options Exercise $1,304,420 +58,000 +61% $22.49 152,931 11 Mar 2025 Direct F1
transaction ORI Common Stock Tax liability $2,882,085 -78,918 -52% $36.52 74,013 11 Mar 2025 Direct F1, F2
transaction ORI Common Stock Sale $527,027 -14,447 -20% $36.48 59,566 11 Mar 2025 Direct F1, F3
transaction ORI Common Stock Sale $475,125 -13,010 -22% $36.52 46,556 11 Mar 2025 Direct F1, F4
holding ORI Common Stock 5,538 11 Mar 2025 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 2025 Employee Stock Option Award $0 +43,086 $0.000000 43,086 11 Mar 2025 Common Stock 43,086 $36.66 Direct F5
transaction ORI 2025 Restricted Stock Unit Award $0 +8,263 $0.000000 8,263 11 Mar 2025 Common Stock 8,263 Direct F6
transaction ORI 2019 Employee Stock Option Options Exercise $0 -9,375 -100% $0.000000 0 11 Mar 2025 Common Stock 9,375 $21.12 Direct F7
transaction ORI 2020 Employee Stock Option Options Exercise $0 -18,000 -100% $0.000000 0 11 Mar 2025 Common Stock 18,000 $16.17 Direct F7
transaction ORI 2021 Employee Stock Option Options Exercise $0 -21,000 -70% $0.000000 9,000 11 Mar 2025 Common Stock 21,000 $21.30 Direct F7
transaction ORI 2022 Employee Stock Option Options Exercise $0 -58,000 -97% $0.000000 2,000 11 Mar 2025 Common Stock 58,000 $22.49 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 23,355 unvested Restricted Stock Awards.
F2 Pursuant to a "net exercise" of outstanding stock options, the Issuer 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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.405 to $36.500, inclusive. A breakdown of each transaction will be provided upon request.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.505 to $36.525, inclusive. A breakdown of each transaction will be provided upon request.
F5 The 2025 Employee Stock Option award is subject to certain forfeiture conditions and vests in three equal annual installments beginning March 11, 2026.
F6 Each 2025 Restricted Stock Unit represents a right to receive one share of ORI's common stock. Subject to certain forfeiture conditions, the 2025 Restricted Stock Unit award vests in three equal annual installments beginning March 11, 2026.
F7 This grant becomes or became exercisable each December 31 at the rate of 10% the first year, 15% the second year, 20% the third year, 25% the fourth year and 30% the fifth year, beginning on the date shown above.
F8 This grant becomes exercisable in three equal annual installments beginning on the date shown above.