Investors Title (ITIC) director receives 750 stock appreciation rights award

Rhea-AI Filing Summary

Investors Title Co director James H. Speed Jr. received a grant of 750 stock appreciation rights tied to the company’s common stock. These rights have an exercise price of $238.06 per share and are scheduled to become exercisable on June 30, 2026, expiring on May 20, 2033.

This is a compensation-related award rather than an open-market trade, so it does not reflect a buy or sell decision in the company’s stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Speed James H. Jr.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Stock Appreciation Rights	750	$0.00	--

Holdings After Transaction: Stock Appreciation Rights — 0 shares (Direct, null)

Footnotes (1)

Key Figures

Stock appreciation rights granted: 750 rights Exercise price: $238.06 per share Underlying shares: 750 shares +1 more

4 metrics

Stock appreciation rights granted 750 rights Grant to director on May 20, 2026

Exercise price $238.06 per share Conversion or exercise price for rights

Underlying shares 750 shares Common stock underlying the rights

Expiration date May 20, 2033 Final date to exercise rights

Key Terms

Stock Appreciation Rights, underlying security, grant, award, or other acquisition

3 terms

Stock Appreciation Rights financial

"security_title: Stock Appreciation Rights"

Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.

underlying security financial

"underlying_security_title: Common Stock"

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Speed James H. Jr.

(Last) (First) (Middle)

11032 BRASS KETTLE ROAD

(Street)

RALEIGH NORTH CAROLINA 27614

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INVESTORS TITLE CO [ ITIC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Appreciation Rights	$238.06	05/20/2026	05/20/2026	A		750		06/30/2026	05/20/2033	Common Stock	750	$0	0	D

Explanation of Responses:

Remarks:

	Timothy Rodgers by POA from James H. Speed, Jr.	05/21/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Investors Title Co (ITIC) report in this Form 4 filing?

Investors Title Co reported that director James H. Speed Jr. received 750 stock appreciation rights. These derivative awards are linked to the company’s common stock and represent compensation, not an open-market purchase or sale of shares.

How many stock appreciation rights did the ITIC director receive?

The director received 750 stock appreciation rights. Each right is tied to one share of Investors Title Co common stock, giving potential future value based on stock price performance above the exercise price set in the grant.

What is the exercise price of the stock appreciation rights granted at ITIC?

The stock appreciation rights have an exercise price of $238.06 per share. This means any future payout from the rights depends on Investors Title Co’s stock trading above $238.06 when the rights are exercised.

When do the granted ITIC stock appreciation rights expire?

The granted stock appreciation rights expire on May 20, 2033. The director can generally benefit from these rights only if the company’s share price exceeds the $238.06 exercise price before that expiration date.

Are these ITIC stock appreciation rights an open-market buy or sell?

No, the transaction is a grant of stock appreciation rights as compensation. Form 4 classifies it as a grant, award, or other acquisition, rather than an open-market purchase or sale of Investors Title Co common stock.