Form 4: RLI Corp Director Restrepo Acquires 1,681 Restricted Stock Units

Director Robert P. Restrepo Jr. acquired 1,681 restricted stock units of RLI Corp on May 13, 2025, which will vest on the earlier of the 2026 Annual Shareholders' Meeting or one year from the grant date.

Summary

• On May 13, 2025, Robert P. Restrepo Jr., a director of RLI Corp, acquired 1,681 restricted stock units.
• These units vest 100% on the earlier of the RLI Corp. 2026 Annual Shareholders' Meeting or one year after the grant date.
• The acquisition was reported on May 15, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding stock ownership, and does not contain any information that would significantly impact sentiment.

Future Outlook

The restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2026 Annual Shareholders' Meeting or (2) one year after the date of grant.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a director's acquisition of restricted stock units, a common form of executive compensation.

Stakeholder Impact

• The acquisition of restricted stock units by a director aligns the director's interests with those of the shareholders.

Key Dates

Keywords

RLI Corp, Restricted Stock Units, Form 4, Director, Beneficial Ownership, Securities