Director James H. Speed Jr. adds 210 ITIC shares through rights exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Investors Title Company director James H. Speed Jr. exercised stock appreciation rights for 210 shares of common stock at $162.81 per share equivalent and received 210 shares as an award. Following these compensation-related acquisitions, he directly holds 2,987 shares of Investors Title common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
210 shares exercised/converted
Mixed
2 txns
Insider
Speed James H. Jr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 210 | $0.00 | -- |
| Grant/Award | Common Stock | 210 | $162.81 | $34K |
Holdings After Transaction:
Stock Appreciation Rights — 0 shares (Direct);
Common Stock — 2,987 shares (Direct)
Footnotes (1)
FAQ
What insider transactions did James H. Speed Jr. report for ITIC?
James H. Speed Jr. reported exercising stock appreciation rights and acquiring 210 shares of Investors Title common stock. These compensation-related transactions increased his direct holdings to 2,987 shares, with no reported sales or dispositions in this Form 4.
What derivative security did the Investors Title director exercise?
He exercised stock appreciation rights covering 210 underlying shares of Investors Title common stock. These rights had an exercise reference price of $162.81 per share and an original expiration date in 2026, and were fully exercised with no remaining derivative position reported.