RLI director granted 2,506 RSUs, exercises 1,681
RLI Corp director Jordan W. Graham reported compensation-related equity activity.
Accepted by SEC EDGAR
Learn about SEC filing dates
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.
Form Type
4
Rhea-AI Filing Summary
RLI Corp director Jordan W. Graham reported compensation-related equity activity. He received a grant of 2,506 restricted stock units, and separately exercised 1,681 restricted stock units into common shares. Following these transactions, an associated Directors' Trust holds 118,176.471 shares of common stock, including effects of dividend reinvestment.
Insider Trade Summary
1,681 shares exercised/converted
Exercise
4 txns
Insider
Graham Jordan W
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 — 118,176.471 shares (Indirect, By 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
Trust holdings after: 118,176.471 shares
+2 more
5 metrics
RSU grant
2,506 units
Restricted stock unit grant to director Jordan W. Graham
RSUs exercised
1,681 units
Restricted stock units converted into common stock
Trust holdings after
118,176.471 shares
Common stock held by Directors' Trust after transactions
Trust adjustment
68 shares
Other acquisition or disposition within Directors' Trust
Exercise price
$0.00 per unit
Reported price per RSU for grant and exercise entries
Key Terms
Restricted Stock Unit, dividend reinvestment, dividend equivalents, Directors' Trust
4 terms
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
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
"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
"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: "By Directors' Trust""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity awards did RLI (RLI) director Jordan W. Graham receive?
Jordan W. Graham received a grant of 2,506 restricted stock units as part of his equity compensation. These units represent a right to receive an equal number of RLI common shares upon vesting under the company’s director compensation arrangements.
What does the RSU exercise reported by RLI (RLI) represent?
The filing reports an exercise of 1,681 restricted stock units into 1,681 shares of RLI common stock. This converts previously granted RSUs into actual shares, reflecting the vesting of equity compensation rather than an open-market share purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.
