Hisey David C 4

What Happened

• David C. Hisey, Chief Financial Officer of Stewart Information Services (STC), had restricted stock units convert into common shares on 2026-03-26. A total of 6,504 RSUs vested and converted into 6,504 shares. To satisfy tax withholding obligations, 2,934 of those shares were withheld (disposed) at $59.38 per share for a total tax withholding of $174,221 (two withholding transactions of 1,786 shares = $106,053 and 1,148 shares = $68,168). Net shares issued to Hisey after withholding: 3,570 shares.
• On the same date he was also granted RSU awards: two entries of 9,472 RSUs each (totaling 18,944 RSUs) reported as awards (no cash paid). These awards are subject to the vesting schedules described in the filing footnotes.

Key Details

• Transaction date: 2026-03-26; Form filed 2026-03-27 (appears timely).
• Withheld share price for tax payment: $59.38; withholding amounts: $106,053 and $68,168 (total $174,221).
• Net shares received after withholding: 3,570 (6,504 vested - 2,934 withheld).
• Shares owned following the reported transactions: not specified in the filing.
• Codes explained: M = exercise/conversion of derivative (RSU vesting), F = payment of exercise price or tax liability (share withholding), A = grant/award (new RSUs).
• Footnotes: RSUs convert 1-for-1 to STC common stock (F1). Several RSU awards have staggered vesting schedules (three equal annual installments for some awards; others begin vesting later or vest in full by 3/26/2029). See footnotes F2–F5 in the filing for specific schedules.

Context

• This was a routine RSU vesting and tax-withholding event, not an open-market sale or purchase. The withholding of shares to cover taxes is a common cashless settlement method and does not necessarily indicate a bullish or bearish signal.
• The filing shows both the conversion of vested RSUs into shares and new RSU grants; the new awards will vest under the schedules noted in the footnotes and may result in future share issuance.