Directors’ Trust tied to RLI (RLI) director reports restructuring of 482 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RLI CORP director-related entity reports restructuring transaction
A Directors' Trust associated with RLI CORP director Debbie Sharell Roberts reported an "other" Form 4 transaction in RLI common stock. The restructuring-type move covered 482.905 shares at $51.77 per share, leaving the trust holding 27,088.066 shares indirectly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Roberts Debbie Sharell
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 482.905 | $51.77 | $25K |
Holdings After Transaction:
Common Stock — 27,088.066 shares (Indirect, Directors\' Trust)
Footnotes (1)
Key Figures
Restructured shares: 482.905 shares
Reported price per share: $51.77 per share
Shares held after transaction: 27,088.066 shares
+1 more
4 metrics
Restructured shares
482.905 shares
Other (code J) non-derivative transaction
Reported price per share
$51.77 per share
Value associated with the 482.905 shares
Shares held after transaction
27,088.066 shares
Indirectly held by Directors’ Trust
Restructuring share count
482.905 shares
Classified as restructuring in transaction summary
Key Terms
Form 4, non-derivative, Directors' Trust, transaction code J, +1 more
5 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
""transaction_type": "non-derivative""
Directors' Trust financial
""nature_of_ownership": "Directors' Trust""
transaction code J regulatory
""transaction_code": "J""
indirect ownership financial
""ownership_type": "indirect""
FAQ
What insider transaction did RLI (RLI) disclose in this Form 4?
RLI disclosed an insider-related restructuring transaction classified as “other” under code J. A Directors’ Trust tied to director Debbie Sharell Roberts reported activity involving 482.905 common shares, rather than a standard open-market buy or sell transaction.
What are the post-transaction holdings reported in the RLI (RLI) Form 4?
After the restructuring, the Directors’ Trust associated with Debbie Sharell Roberts is shown holding 27,088.066 RLI common shares indirectly. This reflects the trust’s position following the internal “other” transaction, not the director’s direct personal holdings.