STOCK TITAN

Deferred stock allocation reported by RLI (NYSE: RLI) director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider MEDINI PAUL BENNETT
Role null
Type Security Shares Price Value
Other Common Stock 507.05 $51.77 $26K
Holdings After Transaction: Common Stock — 7,347.229 shares (Indirect, Directors\' Trust)
Footnotes (1)
  1. [object Object]
Shares allocated 507.05 shares Other transaction under deferred compensation plan
Reference price $51.77 per share Reported transaction price for allocated shares
Indirect holdings after transaction 7,347.229 shares Common stock held indirectly in Directors' Trust after allocation
Non-Employee Directors Deferred Compensation Plan financial
"Securities herein were allocated pursuant to the RLI Corp. Non-Employee Directors Deferred Compensation Plan."
Directors' Trust financial
"nature_of_ownership: Directors' Trust"
Other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
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)
04/30/2026
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 Stock04/30/2026J(1)507.05A$51.777,347.229IDirectors\' 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. Securities herein were allocated pursuant to the RLI Corp. Non-Employee Directors Deferred Compensation Plan.
/s/ Jeffrey D. Fick, Attorney-in-Fact05/01/2026
** 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)

FAQ

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

Paul Bennett Medini reported an administrative stock allocation, not an open-market trade. 507.05 RLI common shares were allocated to a Directors' Trust under the Non-Employee Directors Deferred Compensation Plan, classified as an “other” restructuring-type transaction on the Form 4.

How many RLI (RLI) shares were involved in Medini’s latest Form 4 filing?

The filing shows 507.05 shares of RLI common stock involved. These shares were allocated to a Directors' Trust under the company’s Non-Employee Directors Deferred Compensation Plan, rather than purchased or sold on the open market.

What price per share was referenced in Paul Bennett Medini’s RLI Form 4?

The Form 4 references a value of $51.77 per share for the 507.05 RLI common shares. This figure serves as the transaction price in the report, even though the event is classified as an “other” administrative allocation, not a standard buy or sell.

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

After the reported allocation, the Directors' Trust holds 7,347.229 RLI common shares indirectly for Paul Bennett Medini. This total reflects the position following the 507.05-share restructuring-type transaction reported on the Form 4.

What plan governed the RLI shares in Paul Bennett Medini’s Form 4 filing?

The transaction was governed by the RLI Corp. Non-Employee Directors Deferred Compensation Plan. Under this plan, 507.05 RLI common shares were allocated to a Directors' Trust, creating an indirect holding reported as an “other” transaction on the Form 4.