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

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

Summary

• On April 30, 2024, Susan S. Fleming, a director of RLI Corp, acquired 101.698 shares of common stock at a price of $141.35 per share.
• These shares were allocated pursuant to the RLI Corp. Non-Employee Directors Deferred Compensation Plan.
• Fleming also indirectly owns 7,676.956 shares through a Directors' Trust.
• She directly owns 1,915 shares of common stock.
• Fleming also owns 732 Restricted Stock Units which convert to common stock upon vesting.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The director's participation in the deferred compensation plan and dividend reinvestment suggest confidence in the company. However, it's a routine transaction.

Positives

• Director's participation in the deferred compensation plan indicates confidence in the company's future.
• Dividend reinvestment suggests a long-term investment strategy.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's ongoing investment in the company.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence.

Key Dates