Duclos David B. 4

What Happened

• David B. Duclos, a director of RLI Corp (RLI), made an open-market purchase of 2,500 shares on 2026-05-28 at $51.99 per share, for a total transaction value of $129,975. This was a purchase (transaction code P), indicating an insider buy rather than a sale.

Key Details

• Transaction date and price: 2026-05-28 — 2,500 shares @ $51.99 each.
• Total value: $129,975.
• Shares owned after transaction: Not specified in the supplied filing; the report notes ownership figures reflect dividend reinvestment (see F2).
• Footnotes: F1 notes prior stock option figures were adjusted for a 2-for-1 split on 01/15/25 (not directly tied to this purchase). F2 states ownership reflects dividend reinvestment.
• Filing timeliness: Report filed 2026-05-29 for a 2026-05-28 transaction — appears timely under SEC Form 4 filing rules.

Context

• This was an open-market purchase (code P). Insider purchases are often watched by investors as a potential positive signal, but filings are factual disclosures and do not state the insider’s motivations.