Form 4: RLI Corp Director Susan S. Fleming Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Susan S. Fleming reports acquisition of 1,681 restricted stock units in RLI Corp, vesting fully by the 2026 Annual Shareholders' Meeting or one year after grant.
Summary
- On May 13, 2025, Susan S. Fleming, a director of RLI Corp, acquired 1,681 restricted stock units.
- These units will vest 100% on the earlier of the date 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 standard regulatory filing regarding stock ownership, with neutral sentiment.
Future Outlook
The restricted stock units will vest fully by the 2026 Annual Shareholders' Meeting or one year after the grant date.
Industry Context
This filing is a routine disclosure of a director's acquisition of restricted stock units, a common form of executive compensation in publicly traded companies.
Stakeholder Impact
- The acquisition of restricted stock units by a director aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Acquisition of restricted stock units. |
| 05/15/2025 | Date of report filing. |
| 2026 | 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. |
Keywords
RLI Corp, Director, Susan S. Fleming, Restricted Stock Units, Form 4, Beneficial Ownership, Securities
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