Carolyn Monroe, Senior Vice President of Title Insurance at Old Republic International Corp, filed a Form 4 on August 13, 2026, reporting a net exercise of stock options and related share transactions in the company's common stock on August 11, 2026.

Key Highlights

  • Option exercise: Monroe exercised 15,080 options from the 2025 Employee Stock Option grant at a conversion price of $34.16 per share on August 11, 2026.
  • Shares withheld for taxes and exercise price: 13,292 shares were disposed of at $42.47 per share pursuant to a net exercise covering the exercise price and tax withholdings.
  • Open-market sale: 1,788 shares were sold at $42.26 per share on August 11, 2026.
  • Direct beneficial ownership after transactions: 32,261 shares held directly, plus 2,123 shares held indirectly through the ORI 401K plan.
  • Remaining derivative securities: 30,206 options from the 2025 Employee Stock Option grant remain beneficially owned, with an expiration date of March 11, 2035.

Carolyn Monroe's Option Exercise and Share Activity at Old Republic International

According to the filing, Carolyn Monroe, identified as SVP - Title Insurance of Old Republic International Corp (NYSE:ORI), reported three transactions in the company's common stock on August 11, 2026. The first was coded "M," reflecting the exercise of 15,080 options from the 2025 Employee Stock Option grant at an exercise price of $34.16 per share, which brought her directly held shares to 47,341 following that transaction.

The filing then records a disposition coded "F" of 13,292 shares at $42.47 per share. The filing explains this was "pursuant to a 'net exercise' of outstanding stock options," in which "the Issuer withheld a portion of the shares of common stock to be acquired upon exercise for payment of the exercise price and tax withholdings." Following that disposition, Monroe directly held 34,049 shares. A further sale coded "S" of 1,788 shares at $42.26 per share reduced her direct holdings to 32,261 shares.

Separately, the filing reports 2,123 shares held indirectly through the ORI 401K plan. Regarding the derivative securities, the filing notes that the 2025 Employee Stock Option grant "became or becomes exercisable in three equal annual installments beginning on" March 11, 2025, with an expiration date of March 11, 2035. After the exercise of 15,080 options, 30,206 options remain. The form was signed by Winston G. Collier as Power of Attorney for Carolyn Monroe on August 13, 2026.

What Was Disclosed

The filing disclosed a net exercise of 15,080 stock options by Old Republic International's SVP of Title Insurance, resulting in share withholdings for taxes and exercise costs, an open-market sale of 1,788 shares, and a remaining direct holding of 32,261 common shares as of August 11, 2026.