Form 4: RLI Corp CFO Todd Wayne Bryant Reports Changes in Beneficial Ownership

RLI Corp's CFO, Todd Wayne Bryant, filed a Form 4 detailing changes in his beneficial ownership of company stock, including stock options and shares held directly and indirectly through an employee stock ownership plan.

Summary

• On August 2, 2024, Todd Wayne Bryant, the Chief Financial Officer of RLI Corp, filed a Form 4 with the SEC.
• The filing reports changes in his beneficial ownership of RLI Corp stock.
• Bryant directly owns 27,501 shares of common stock.
• He also indirectly owns 31,028.48 shares through an Employee Stock Ownership Plan.
• Bryant also owns stock options for 3,000 shares of common stock with an exercise price of $149.03, exercisable from August 1, 2025, to August 1, 2032.

Sentiment

Score: 5

Explanation: This is a routine filing, so the sentiment is neutral. It simply reflects changes in ownership.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates changes in the CFO's holdings, which can be of interest to investors.

Stakeholder Impact

• Shareholders may be interested in the changes in beneficial ownership reported by the CFO.

Key Dates