Parker, Jr. Elton C. 4

What Happened

• Elton C. Parker, Jr., a director of Investors Title Co. (ITIC), acquired 212 shares on March 18, 2026. The Form 4 shows an exercise/conversion of a derivative (code M) for 212 shares at $0.00 and a contemporaneous award/grant (code A) for 212 shares valued at $162.29 each (total value ≈ $34,405). This was an acquisition (not a sale).

Key Details

• Transaction dates and prices: March 18, 2026 — Exercise/conversion (M): 212 shares @ $0.00; Award/grant (A): 212 shares @ $162.29 (value ≈ $34,405).
• Shares owned after transaction: not specified in the information provided in this summary (see the filing for ownership totals).
• Filing timeliness: Form filed March 19, 2026 (the day after the transaction); this is within the normal Form 4 reporting window (timely).
• Codes explained: M = exercise or conversion of a derivative/security right; A = grant, award or other acquisition.

Context

• The filing indicates an exercise/conversion and an award rather than an immediate sale — the shares were retained rather than sold in a cashless transaction. For retail investors, acquisitions (including option exercises and awards) are often more informative about insider share accumulation than routine sales, but filings do not disclose the insider’s personal motives.