{"schema_version":"secwatch.filing_event.v1","accession":"0000074260-23-000027","form_type":"8-K","ticker":"ORI","cik":"0000074260","company_name":"OLD REPUBLIC INTERNATIONAL CORP","filed_at":"2023-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.957920+00:00","generated_at":"2026-06-17T22:38:41.942224+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Old Republic adopts 2023 PRP, sets target awards for CEO and other NEOs","bullets":["New 2023 Performance Recognition Plan replaces prior Key Employee Performance Recognition Plans.","CEO Craig R. Smiddy target award = 165% of base salary; max payout = 200% of target.","Performance metrics: Net Earned Premiums & Fees change (35%), Underwriting Margin/Combined Ratio (35%), Discretionary (30%).","CFO Frank J. Sodaro target 90% of base; EVP/Trsr Gray and EVP Oberst each target 130%.","Awards are cash, payable in 2024; vesting requires employment through payment date (except death/disability/change-in-control)."],"urls":{"canonical":"https://secwatch.observer/filing/0000074260-23-000027","json":"https://secwatch.observer/filing/0000074260-23-000027.json","markdown":"https://secwatch.observer/filing/0000074260-23-000027.md","text":"https://secwatch.observer/filing/0000074260-23-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/74260/000007426023000027/0000074260-23-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/74260/000007426023000027/ori-20230316.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T22:38:41.942224+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}