STOCK TITAN

RLI Corp (NYSE: RLI) director logs indirect stock acquisition

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RLI Corp director Paul Bennett reported an other acquisition of 470.8030 shares of common stock on 2026-07-31 at $61.2400 per share. The shares are held indirectly through a Directors' Trust, bringing that trust's holdings to 9,931.9000 shares. All share amounts are adjusted for a 2-for-1 stock split effective 01/15/25.

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Insider MEDINI PAUL BENNETT
Role Director
Type Security Shares Price Value
Other Common Stock F1 470.803 $61.24 $29K
Holdings After Transaction: Common Stock — 9,931.9 shares (Indirect, Directors' Trust)
Footnotes (1)
  1. F1. Adjusted to reflect 2-for-1 stock split on 01/15/25.
Shares acquired 470.8030 shares Other acquisition of common stock on 2026-07-31
Transaction price $61.2400 per share Price reported for the 470.8030 acquired shares
Indirect holdings after transaction 9931.9000 shares Total common shares held indirectly in Directors' Trust after acquisition
Stock split ratio 2-for-1 Share figures adjusted for 2-for-1 stock split effective 01/15/25
Stock split effective date 01/15/25 Date of the 2-for-1 stock split referenced in the footnote
Directors' Trust financial
"Shares are held indirectly through a Directors' Trust."
2-for-1 stock split financial
"Adjusted to reflect 2-for-1 stock split on 01/15/25."
indirect ownership financial
"Ownership type is reported as indirect through a trust."
transaction code J financial
"Transaction code J denotes other acquisition or disposition."

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FAQ

What insider transaction did RLI (RLI) director Paul Bennett report?

Paul Bennett reported an other acquisition of RLI common stock. On 2026-07-31, a Directors' Trust associated with him acquired 470.8030 shares at $61.2400 per share, classified under transaction code J (other acquisition or disposition).

How many RLI (RLI) shares does the Directors' Trust hold after this transaction?

After the reported transaction, the Directors' Trust holds 9,931.9000 shares of RLI common stock. This figure reflects the trust’s total indirect ownership position following the 470.8030-share acquisition on 2026-07-31, as disclosed by director Paul Bennett.

How is Paul Bennett’s ownership in RLI (RLI) characterized in this Form 4?

Paul Bennett’s reported RLI holdings are described as indirect ownership through a Directors' Trust. The Form 4 lists the nature of ownership as “Directors' Trust,” indicating the shares are held by that trust rather than directly in his own name.

What price was paid per RLI (RLI) share in the reported transaction?

The transaction reports a price of $61.2400 per share for RLI common stock. This per-share price applies to the 470.8030 shares acquired on 2026-07-31 in the other acquisition classified under transaction code J.

How does the 2-for-1 stock split affect the RLI (RLI) share amounts reported?

All reported share amounts are adjusted for a 2-for-1 stock split effective 01/15/25. A footnote explains that holdings and transaction shares, including the 470.8030 acquired and 9,931.9000 held, reflect this post-split adjustment rather than pre-split quantities.

Was the RLI (RLI) insider transaction made under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed. The aff_10b5_one field is false, meaning the filing explicitly does not mark the transactions as being effected pursuant to a Rule 10b5-1 trading plan.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
MEDINI PAUL BENNETT

(Last)(First)(Middle)
9025 N. LINDBERGH DRIVE

(Street)
PEORIA ILLINOIS 61615

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RLI CORP [ RLI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/31/2026J470.803A$61.249,931.9(1)IDirectors' Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Adjusted to reflect 2-for-1 stock split on 01/15/25.
/s/ Jeffrey D. Fick08/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)