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RLI CORP (NYSE: RLI) director updates direct and trust share holdings

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

Rhea-AI Filing Summary

RLI CORP director Angelina Michael E updated reported holdings of common stock as of June 30, 2026, without any coded buy or sell transactions. Indirect holdings through a Directors' Trust total 15,282.863 shares, and direct holdings total 25,585 shares. Footnotes state these amounts were adjusted for a 2-for-1 stock split on January 15, 2025 and reflect dividend reinvestment.

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Insider Angelina Michael E
Role null
Type Security Shares Price Value
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 25,585 shares (Direct, null); Common Stock — 15,282.863 shares (Indirect, Directors' Trust)
Footnotes (1)
  1. Adjusted to reflect 2-for-1 stock split on 01/15/25. Ownership reflects dividend reinvestment.
Indirect holdings 15,282.863 shares Indirect common stock via Directors' Trust following transaction
Direct holdings 25,585 shares Direct common stock following transaction
Stock split ratio 2-for-1 Adjustment effective January 15, 2025
Net buy/sell shares 0 shares No net buys or sells indicated in transaction summary
2-for-1 stock split financial
"Adjusted to reflect 2-for-1 stock split on 01/15/25."
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.
Directors' Trust financial
"Indirect holdings through a Directors' Trust total 15,282.863 shares"
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Form 4 Insider Transactions: What Each Field Means →
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
X
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*
Angelina Michael E
(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)
06/30/2026		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 Stock25,585(1)D(2)
Common Stock15,282.863(1)I(2)Directors' 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. Adjusted to reflect 2-for-1 stock split on 01/15/25.
2. Ownership reflects dividend reinvestment.
/s/ Jeffrey D. Fick , Attorney-in-Fact06/30/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What does the RLI (RLI) Form 4 filed by director Angelina Michael E show?

The Form 4 updates Angelina Michael E’s reported RLI holdings. It shows 25,585 shares held directly and 15,282.863 shares held indirectly via a Directors' Trust, after adjustments for a 2-for-1 stock split and dividend reinvestment.

Were there any RLI (RLI) insider stock purchases or sales in this Form 4?

No explicit insider purchases or sales are identified in this Form 4. The transactions are labeled as holdings with unknown transaction codes, indicating an update to reported ownership rather than a clearly coded buy or sell event.

How many RLI shares does Angelina Michael E now hold directly and indirectly?

After the update, Angelina Michael E reports 25,585 RLI common shares held directly and 15,282.863 shares held indirectly via a Directors' Trust. These figures incorporate prior adjustments for a 2-for-1 stock split and dividend reinvestment.

What is the significance of the 2-for-1 stock split noted in the RLI Form 4?

The footnote states the holdings were adjusted for a 2-for-1 stock split effective January 15, 2025. This means previously reported share amounts were doubled for accounting purposes, without changing the overall economic value of the director’s ownership.

How does dividend reinvestment affect the RLI director’s reported holdings?

A footnote explains that ownership reflects dividend reinvestment. Instead of taking cash dividends, those amounts were used to acquire additional RLI shares, slightly increasing the director’s total share count over time through automatic reinvestment.

What portion of RLI shares are held through a Directors' Trust in this filing?

The filing shows 15,282.863 RLI common shares held indirectly through a Directors' Trust. This separate line item clarifies that part of the director’s reported ownership is held via a trust structure rather than in a straightforward personal brokerage account.