STEWART INFORMATION (NYSE: STC) legal chief nets 8,661 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stewart Information Services’ Chief Legal Officer Elizabeth Giddens exercised and vested equity awards, increasing her direct common stock holdings. On March 8, 2026, restricted stock units covering 6,276 shares of common stock were converted into shares as they vested in full or in scheduled installments.
To cover tax obligations, 1,529 common shares were disposed of at $67 per share through share withholding rather than open-market sales. After these transactions, Giddens directly holds 8,661 common shares, which include 379 shares acquired through the company’s Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,276 shares exercised/converted
Mixed
6 txns
Insider
Giddens Elizabeth
Role
Chief Legal Officer, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,135 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,141 | $0.00 | -- |
| Exercise | Common Stock | 5,135 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,251 | $67.00 | $84K |
| Exercise | Common Stock | 1,141 | $0.00 | -- |
| Tax Withholding | Common Stock | 278 | $67.00 | $19K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 9,049 shares (Direct)
Footnotes (1)
- Each restricted performance unit represents a contingent right to receive one share of STC Common Stock. Includes 379 shares acquired through STC's Employee Stock Purchase Plan. The restricted stock units vested in full on March 8, 2026. The restricted stock units vested in three equal annual installments on March 8, 2024, March 8, 2025, and March 8, 2026.
FAQ
What insider transactions did Elizabeth Giddens report for STC on March 8, 2026?
Elizabeth Giddens reported vesting and conversion of restricted stock units into 6,276 STC common shares on March 8, 2026. A portion of the resulting shares was withheld to satisfy tax obligations, and she retained the remaining shares as direct holdings.
Were Elizabeth Giddens’ STC transactions open-market purchases or sales?
The transactions were not open-market trades. They reflect the exercise and conversion of restricted stock units into STC common shares and share dispositions labeled as tax-withholding, which satisfy tax obligations by delivering shares instead of selling them in the market.
How did Elizabeth Giddens’ restricted stock units in STC vest?
Some restricted stock units vested in full on March 8, 2026. Others vested in three equal annual installments on March 8, 2024, March 8, 2025, and March 8, 2026, after which each vested unit converted into one STC common share.