RLI director logs deferred stock allocation
RLI Corp director Paul Bennett Medini reported an administrative stock allocation tied to a deferred compensation plan.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
RLI Corp director Paul Bennett Medini reported an administrative stock allocation tied to a deferred compensation plan. A total of 507.05 shares of common stock, referenced at $51.77 per share, were allocated to a Directors' Trust under the RLI Corp. Non-Employee Directors Deferred Compensation Plan. Following this restructuring-type transaction, indirect holdings in the trust stand at 7,347.229 shares of RLI common stock. The filing characterizes the move as an “other” transaction rather than an open-market buy or sell.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 507.05 | $51.77 | $26K |
Footnotes (1)
- F1. Securities herein were allocated pursuant to the RLI Corp. Non-Employee Directors Deferred Compensation Plan.
Key Figures
Key Terms
Non-Employee Directors Deferred Compensation Plan financial
Directors' Trust financial
Other acquisition or disposition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RLI (RLI) director Paul Bennett Medini report?
AI-generated analysis. How Rhea-AI works. Not financial advice.