RLI director awarded 2,506 RSUs, exercises 1,681
RLI Corp director Susan S. Fleming reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
RLI Corp director Susan S. Fleming reported routine equity compensation activity. She received a grant of 2,506 restricted stock units that convert into an equal number of common shares at vesting. On a separate date, 1,681 restricted stock units vested and were exercised into common stock, increasing indirect holdings in a Directors' Trust to 22,674.484 shares. No open‑market purchases or sales were reported.
Insider Trade Summary
1,681 shares exercised/converted
Exercise
4 txns
Insider
Fleming Susan S.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,506 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 1,681 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,681 | $0.00 | $0.00 |
| Other | Common Stock | 68 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 2,506 contracts (Direct);
Common Stock — 22,674.484 shares (Indirect, Directors' Trust)
Footnotes (5)
- F1. Shares acquired on the vesting of restricted stock units.
- F2. Ownership reflects dividend reinvestment
- F3. Shares acquired on the vesting of accrued special and regular dividend equivalents on restricted stock units.
- F4. These 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.
- F5. These restricted stock units are scheduled to vest 100% on the earlier of (1) the date of the RLI Corp. 2027 Annual Shareholders' Meeting or (2) one year after the date of grant.
Key Figures
RSU grant: 2,506 units
RSUs exercised: 1,681 units
Indirect common shares: 22,674.484 shares
+2 more
5 metrics
RSU grant
2,506 units
Restricted stock units granted to director on May 14, 2026
RSUs exercised
1,681 units
Restricted stock units vested and converted to common stock on May 13, 2026
Indirect common shares
22,674.484 shares
Common stock held indirectly through Directors' Trust after transactions
New RSU holding
2,506 units
Total restricted stock units held after the May 14, 2026 grant
Restructuring shares
68 shares
Other restructuring-related common stock transaction on May 13, 2026
Key Terms
Restricted Stock Unit, dividend reinvestment, dividend equivalents, Directors' Trust, +1 more
5 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit" with 2,506.0000 units granted"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend reinvestment financial
"Footnote F2 states: "Ownership reflects dividend reinvestment""
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
dividend equivalents financial
"Footnote F3: "vesting of accrued special and regular dividend equivalents on restricted stock units""
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Directors' Trust financial
"nature_of_ownership: "Directors' Trust" for indirect common stock holdings"
derivative exercise financial
"transaction_action: "derivative exercise/conversion" for 1,681.0000 units"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did RLI (RLI) director Susan S. Fleming report?
Susan S. Fleming reported routine equity compensation activity, including a grant of 2,506 restricted stock units and the vesting and exercise of 1,681 restricted stock units into common stock held indirectly through a Directors' Trust, with no open-market buys or sells disclosed.
How many restricted stock units did RLI (RLI) grant to Susan S. Fleming?
RLI granted Susan S. Fleming 2,506 restricted stock units. Each unit represents a right to receive one share of RLI common stock upon vesting, functioning as stock-based compensation tied to her service as a director of the company.
What happened when Susan S. Fleming’s 1,681 RLI restricted stock units vested?
When 1,681 restricted stock units vested, they were exercised into 1,681 shares of RLI common stock. These shares are reported as held indirectly through a Directors' Trust, reflecting equity compensation rather than an open-market share purchase transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
