Fleming Susan S. 4

What Happened

• Susan S. Fleming, a director of RLI Corp. (RLI), was allocated 489.445 shares on Feb 2, 2026 at a reported price of $58.74 per share, for a total value of $28,750. The transaction is recorded as an "other acquisition or disposition (J)" and reflects an allocation under the company's non-employee directors deferred compensation plan rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-02-02 — 489.445 shares @ $58.74 each (total $28,750).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes:
  • Allocated under the RLI Corp. Non-Employee Directors Deferred Compensation Plan (F1).
  • Amounts adjusted for a 2-for-1 stock split on 01/15/2025 (F2).
  • Reported ownership may reflect dividend reinvestment (F3).
• Filing timeliness: Form filed 2026-02-03 (appears timely based on the filing date).

Context

• This was an allocation from a deferred compensation plan (routine director compensation processing) rather than a discretionary market buy; such allocations are common for non-employee directors and don't necessarily signal a change in personal market sentiment. The transaction size is modest (~$28.8k).