Form 4: RLI Corp Director Susan S. Fleming Reports Acquisition of Common Stock

Director Susan S. Fleming reports acquiring shares of RLI Corp common stock through the company's Non-Employee Directors Deferred Compensation Plan.

Summary

• On January 31, 2025, Susan S. Fleming, a director of RLI Corp, acquired 97.989 shares of common stock at a price of $73.35 per share.
• The acquisition was made pursuant to the RLI Corp Non-Employee Directors Deferred Compensation Plan.
• Following the transaction, Fleming beneficially owns 17,837.422 shares of RLI Corp common stock indirectly through a Directors' Trust.
• The reported amount of securities beneficially owned following reported transactions has been adjusted to reflect a 2-for-1 stock split on January 15, 2025.
• Ownership reflects dividend reinvestment.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a routine transaction under a deferred compensation plan. It doesn't indicate any significant positive or negative outlook.

Positives

• Director's participation in the deferred compensation plan indicates confidence in the company's future.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it shows director's confidence in the company.

Key Dates