Research Summary
AI-generated summary of this SEC filing
RLI Director Bradshaw Henderson Receives 2,153-Share Award
What Happened
- Bradshaw James Henderson, a director of RLI Corp (RLI), received 2,153 shares as the result of restricted stock units vesting on 2026-08-13. The shares were reported as an award/acquisition (transaction code A) at a reported price of $0.00 (derivative award). This was an issuance from an equity award, not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-08-13; 2,153 shares @ $0.00 (award/vesting).
- Filing: Form 4 filed 2026-08-14 (timely filing; reported the next day).
- Shares owned after transaction: not specified in this filing.
- Footnotes from the filing:
- F1: Shares were acquired upon vesting of restricted stock units (RSUs).
- F2: These RSUs are scheduled to vest 100% on the earlier of (1) the RLI Corp. 2027 Annual Shareholders' Meeting or (2) one year after the date of grant.
- Transaction type: Derivative award (RSU vesting). No sale or market transaction was reported.
Context
- RSU vesting is a common form of executive/director compensation; vested RSUs convert into company shares without an open-market trade. This report documents the conversion/award; it does not, by itself, indicate buying or selling sentiment.
- The filing does not disclose whether any shares were withheld for taxes or the insider's total post-transaction holdings.