RLI Corp. Files 8-K
Ticker: RLI · Form: 8-K · Filed: Nov 7, 2024 · CIK: 84246
| Field | Detail |
|---|---|
| Company | Rli Corp (RLI) |
| Form Type | 8-K |
| Filed Date | Nov 7, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $4.00, $0.29 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, 8-k, insurance
Related Tickers: RLI
TL;DR
RLI filed an 8-K, standard SEC update, no immediate red flags or wins.
AI Summary
RLI Corp. filed an 8-K on November 7, 2024, to report other events and financial statements. The filing does not contain specific financial figures or details about the "other events" beyond its classification as a current report.
Why It Matters
This filing indicates RLI Corp. is providing updates to the SEC, which could contain material information for investors, though specific details are not yet available in this summary.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report with no immediate indication of significant negative events.
Key Players & Entities
- RLI Corp. (company) — Registrant
- November 7, 2024 (date) — Date of Report
- 0000084246-24-000025 (document_id) — Accession Number
- 9025 North Lindbergh Drive, Peoria, IL 61615 (address) — Principal Executive Offices
FAQ
What specific "Other Events" is RLI Corp. reporting in this 8-K?
The provided text does not specify the nature of the "Other Events" beyond classifying the filing under this item.
Are there any financial statements or exhibits attached to this 8-K filing?
Yes, the filing is categorized under "Financial Statements and Exhibits," indicating their inclusion, but the content of these is not detailed here.
When was this 8-K report filed with the SEC?
The report was filed on November 7, 2024.
What is RLI Corp.'s primary business as indicated by its SIC code?
RLI Corp.'s Standard Industrial Classification (SIC) code is 6331, which corresponds to FIRE, MARINE & CASUALTY INSURANCE.
Where is RLI Corp. incorporated and what is its principal executive office address?
RLI Corp. is incorporated in Delaware and its principal executive offices are located at 9025 North Lindbergh Drive, Peoria, IL 61615.
Filing Stats: 579 words · 2 min read · ~2 pages · Grade level 10.2 · Accepted 2024-11-07 16:16:45
Key Financial Figures
- $0.01 — hange on which registered Common Stock $0.01 par value RLI New York Stock Exchan
- $4.00 — al cash dividend on its common stock of $4.00 per share, (ii) a regular quarterly div
- $0.29 — arterly dividend on its common stock of $0.29 per share, and (iii) a two-for-one stoc
Filing Documents
- tmb-20241107x8k.htm (8-K) — 41KB
- tmb-20241107xex99d1.htm (EX-99.1) — 8KB
- tmb-20241107x8k001.jpg (GRAPHIC) — 5KB
- tmb-20241107xex99d1001.jpg (GRAPHIC) — 13KB
- tmb-20241107xex99d1002.jpg (GRAPHIC) — 11KB
- 0000084246-24-000025.txt ( ) — 212KB
- tmb-20241107.xsd (EX-101.SCH) — 3KB
- tmb-20241107_lab.xml (EX-101.LAB) — 15KB
- tmb-20241107_pre.xml (EX-101.PRE) — 10KB
- tmb-20241107x8k_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. On November 7, 2024, RLI Corp. ("RLI") announced that its Board of Directors approved the following: (i) a special cash dividend on its common stock of $4.00 per share, (ii) a regular quarterly dividend on its common stock of $0.29 per share, and (iii) a two-for-one stock split of its common stock. Both dividends are payable on December 20, 2024, to shareholders of record as of November 29, 2024. The two-for-one stock split is for shareholders of record as of December 31, 2024, and will be effective and shares distributed after the close of business on January 15, 2025, contingent upon the filing of an Amendment to t he Company's Amended and Restated Certificate of Incorporation subdividing the Company's issued shares (the "Amendment"). The Amendment will also effect a proportionate increase in the number of shares of authorized common stock in connection with the stock split. Shares will begin trading post-split on January 16, 2025. Both the regular and special dividends will be paid on the pre-split shares. Furnished as Exhibit 99.1 and incorporated herein by reference is a copy of the press release issued by RLI announcing the dividends and stock split.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated November 7, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. RLI CORP. Date: November 7, 2024 By: /s/ Jeffrey D. Fick Jeffrey D. Fick Chief Legal Officer & Corporate Secretary