RLI Corp (NYSE: RLI) director logs indirect stock acquisition
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 470.803 shares
Net Buy
1 txn
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)
- F1. Adjusted to reflect 2-for-1 stock split on 01/15/25.
Key Figures
Shares acquired: 470.8030 shares
Transaction price: $61.2400 per share
Indirect holdings after transaction: 9931.9000 shares
+2 more
5 metrics
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
Key Terms
Directors' Trust, 2-for-1 stock split, indirect ownership, transaction code J
4 terms
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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
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 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.
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.