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Directors’ Trust tied to RLI (RLI) director reports restructuring of 482 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
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
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""
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*
Roberts Debbie Sharell

(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 Stock04/30/2026J482.905A$51.7727,088.066IDirectors\' 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:
/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) 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.

How many RLI (RLI) shares were affected by the restructuring transaction?

The restructuring transaction involved 482.905 shares of RLI common stock. This is a relatively small adjustment compared to the trust’s post-transaction position, and it reflects an internal ownership change rather than a typical market purchase or sale.

What price per share was reported for the RLI (RLI) Form 4 transaction?

The filing reports a transaction price of $51.77 per share for the 482.905 RLI common shares. This figure is a reportable value for Form 4 purposes and does not necessarily represent an open-market trade price or a traditional buy or sell.

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.

How is the ownership of RLI (RLI) shares characterized in this Form 4?

The shares are reported as held indirectly through a Directors’ Trust, with ownership coded as indirect. This means the position is attributed to the trust rather than as direct personal holdings, which is common for directors using estate or governance-related structures.