Stewart (NYSE: STC) CFO exercises RSUs, 7,426 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stewart Information Services Corp Chief Financial Officer David C. Hisey reported routine equity compensation activity. On March 8, 2026, restricted stock units representing 15,069 and 3,349 shares of common stock were exercised as they vested, converting into an equal number of common shares.
To satisfy tax obligations, the company withheld 5,915 and 1,511 common shares at $67.00 per share through tax-withholding dispositions coded "F," which are not open-market sales. Following these transactions, Hisey directly owns 69,351 shares of Stewart common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,418 shares exercised/converted
Mixed
6 txns
Insider
Hisey David C
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,069 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,349 | $0.00 | -- |
| Exercise | Common Stock | 15,069 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,915 | $67.00 | $396K |
| Exercise | Common Stock | 3,349 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,511 | $67.00 | $101K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 73,428 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of STC Common Stock. 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 transaction did STC CFO David C. Hisey report on March 8, 2026?
David C. Hisey reported the vesting and exercise of restricted stock units into common shares. On March 8, 2026, RSUs covering 15,069 and 3,349 shares converted into Stewart Information Services common stock as part of his equity compensation program.
Were David C. Hisey’s March 8, 2026 STC transactions open-market purchases or sales?
The transactions were derivative exercises and tax-withholding dispositions, not open-market trades. Code "M" entries reflect RSU exercises into common stock, while code "F" entries show shares withheld by the issuer to pay tax liabilities at $67.00 per share.
What do the restricted stock unit footnotes mean in the STC Form 4 for David C. Hisey?
Each restricted stock unit represents a right to receive one STC common share upon vesting. The filing notes some RSUs vested fully on March 8, 2026, while others vested in three equal annual installments on March 8, 2024, 2025, and 2026.
How many restricted stock units did STC CFO David C. Hisey exercise on March 8, 2026?
He exercised RSUs covering 15,069 and 3,349 underlying STC common shares. These code "M" derivative transactions converted the vested restricted stock units into the same number of common shares as part of his compensation package.