Directors' Trust for RLI (RLI) board member receives 425.6 shares via plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RLI Corp director Debbie Sharell Roberts, through a Directors' Trust, reported an indirect acquisition of 425.6044 shares of common stock on 02/02/2026 at $58.74 per share. The shares were allocated under the RLI Corp. Non-Employee Directors Deferred Compensation Plan.
Following this allocation, the Directors' Trust held a total of 26,536.1024 shares of RLI common stock. Reported holdings were adjusted for a 2-for-1 stock split on 01/15/25, and the ownership amount reflects dividend reinvestment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Roberts Debbie Sharell
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 425.604 | $58.74 | $25K |
Holdings After Transaction:
Common Stock — 26,536.102 shares (Indirect, Directors' Trust)
Footnotes (1)
- Securities herein were allocated pursuant to the RLI Corp. Non-Employee Directors Deferred Compensation Plan. Adjusted to reflect 2-for-1 stock split on 01/15/25. Ownership reflects dividend reinvestment.
FAQ
What does the transaction code J mean in the RLI Form 4 filing?
In this RLI Form 4, the transaction is labeled with code J, and the footnote explains that the securities were allocated pursuant to the RLI Corp. Non-Employee Directors Deferred Compensation Plan. This indicates an allocation under a compensation arrangement rather than an open-market purchase.