Smiddy Craig R 4

What Happened
Craig R. Smiddy, President & CEO and a director of Old Republic International Corp (ORI), surrendered 11,643 shares on 2026-03-16 at $40.10 per share (total ≈ $466,884). The filing reports the disposition as a tax withholding related to the vesting of previously granted Restricted Stock Awards rather than an open-market sale.

Key Details

• Transaction date and price: 2026-03-16 at $40.10 per share
• Shares surrendered/disposed: 11,643; total value ≈ $466,884
• Transaction code: F (payment of exercise price or tax liability); footnote F1: surrender of shares to cover tax liability for vesting of Restricted Stock Awards
• Shares owned after transaction: not specified in the filing
• Filing date: 2026-03-18 — appears to be filed within the standard Form 4 reporting window (timely)

Context
This was a tax-withholding share surrender tied to vested restricted stock — a routine administrative disposition commonly used to satisfy tax obligations. Such transactions are not the same as an open-market sale and do not by themselves indicate executive sentiment about the company.