RLI director gets 446.885 deferred shares at $58.74

RLI Corp director Medini Paul Bennett reported an indirect acquisition of common stock through a Directors' Trust on February 2, 2026.

Accepted by SEC EDGAR 02/03/2026 - 04:16 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

RLI Corp director Medini Paul Bennett reported an indirect acquisition of common stock through a Directors' Trust on February 2, 2026. The trust received 446.885 shares at $58.74 per share under the RLI Corp. Non-Employee Directors Deferred Compensation Plan, a non-cash allocation coded as "J." Following this transaction, the Directors' Trust held a total of 6,822.424 indirect shares of RLI common stock, reflecting adjustments for a prior 2-for-1 stock split and dividend reinvestment.

Insider Trade Summary

Other: 446.885 shares

Other 1 txn

Insider MEDINI PAUL BENNETT

Role Director

Type	Security	Shares	Price	Value
Other	Common Stock	446.885	$58.74	$26K

Holdings After Transaction: Common Stock — 6,822.424 shares (Indirect, Directors' Trust)

Footnotes (3)

1. F1. Securities herein were allocated pursuant to the RLI Corp. Non-Employee Directors Deferred Compensation Plan.
2. F2. Adjusted to reflect 2-for-1 stock split on 01/15/25.
3. F3. Ownership reflects dividend reinvestment.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

RLI reported that director Medini Paul Bennett indirectly acquired 446.885 shares of RLI common stock on February 2, 2026. The shares were allocated to a Directors' Trust under the Non-Employee Directors Deferred Compensation Plan rather than purchased on the open market.

What does the Form 4 transaction code J mean for RLI (RLI)?

On this Form 4, transaction code "J" indicates an acquisition classified as "other" rather than a typical market trade. The 446.885 shares were allocated under RLI Corp.'s Non-Employee Directors Deferred Compensation Plan, not bought or sold in a standard stock market transaction.

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

After the reported allocation, the Directors' Trust associated with Medini Paul Bennett beneficially owned 6,822.424 shares of RLI common stock. This figure incorporates prior adjustments for a 2-for-1 stock split on January 15, 2025 and reflects ongoing dividend reinvestment activity.

Was the RLI (RLI) insider transaction a direct or indirect holding?

The reported position is an indirect holding. The 6,822.424 shares of RLI common stock are owned through a Directors' Trust rather than directly by Medini Paul Bennett. The Form 4 identifies the ownership form as indirect, specifying "Directors' Trust" as the nature of ownership.

How was the number of RLI (RLI) shares adjusted in this Form 4?

The beneficial ownership figure of 6,822.424 shares reflects an adjustment for a 2-for-1 stock split effective January 15, 2025. The filing also notes that the ownership amount reflects dividend reinvestment, meaning additional shares were accumulated through automatic reinvestment of dividends.

What price per share is reported in this RLI (RLI) insider allocation?

The Form 4 reports a reference price of $58.74 per share for the 446.885 shares of RLI common stock allocated on February 2, 2026. This price is used to value the deferred stock allocation under the Non-Employee Directors Deferred Compensation Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED 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 IL 61615

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
RLI CORP [ RLI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/02/2026		J(1)		446.885	A	$58.74	6,822.424(2)(3)	I	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Securities herein were allocated pursuant to the RLI Corp. Non-Employee Directors Deferred Compensation Plan.

2. Adjusted to reflect 2-for-1 stock split on 01/15/25.

3. Ownership reflects dividend reinvestment.

	/s/ Jeffrey D. Fick, Attorney-in-Fact	02/03/2026
	** Signature of Reporting Person	Date
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.
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