Form 4: RLI Corp Director Susan S. Fleming Reports Stock Transactions

Director Susan S. Fleming reports acquisition of RLI Corp common stock through vesting of restricted stock units and dividend equivalents.

Summary

• On May 2, 2025, Susan S. Fleming, a director of RLI Corp, acquired 1,396 shares of common stock through the vesting of restricted stock units.
• Additionally, 44 shares were acquired through the vesting of accrued special and regular dividend equivalents on restricted stock units.
• The price for these acquisitions was $0.
• Following these transactions, Fleming beneficially owns 19,409.682 shares of RLI Corp common stock indirectly through a Directors' Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of restricted stock units and dividend equivalents suggests continued alignment of the director's interests with those of the shareholders.

Future Outlook

The restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2025 Annual Shareholders' Meeting or (2) one year after the date of grant.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding insider transactions, which can influence investor confidence.

Key Dates

Keywords

RLI Corp, Director, Stock, Beneficial Ownership, Form 4, Fleming, Restricted Stock Units, Dividend Equivalents