---
title: "An RLI Corp. Insider Bought 2,500 Shares for $130,000"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288932249.md"
description: "RLI Corp. Director David B. Duclos purchased 2,500 shares for approximately $130,000 on May 28, 2026, increasing his direct holdings by 34.34% to 9,780 shares. This open-market transaction marks the largest single increase in two years and aligns with a pattern of net share accumulation. The purchase follows RLI's recent special dividend announcement and stock underperformance."
datetime: "2026-06-06T12:55:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288932249.md)
  - [en](https://longbridge.com/en/news/288932249.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288932249.md)
---

# An RLI Corp. Insider Bought 2,500 Shares for $130,000

## Key Points

-   David B. Duclos acquired 2,500 shares in an open-market transaction for a total of ~$130,000 on May 28, 2026.
-   The purchase increased direct holdings by 34.34%, bringing direct ownership to 9,780 shares post-transaction.
-   All shares are held directly; there are no reported indirect or derivative holdings following this transaction.
-   This transaction is consistent with a pattern of net share accumulation over the past two years, with capacity for further increases based on holdings trajectory.
-   10 stocks we like better than RLI ›

On May 28, 2026, Director David B. Duclos reported an open-market purchase of 2,500 shares of **RLI** (NYSE:RLI), as disclosed in the SEC Form 4 filing.

## Transaction summary

Metric

Value

Shares traded

2,500

Transaction value

$129,975.00

Post-transaction shares (direct)

9,780

Post-transaction value (direct ownership)

$504,000

_Transaction value based on SEC Form 4 reported price ($51.99); post-transaction value based on May 28, 2026, market close._

## Key questions

-   **What proportion of David B. Duclos's direct holdings did this purchase represent?**  
    This acquisition increased his direct ownership by 34.34%, moving from 7,280 to 9,780 shares.
-   **How does this purchase compare to prior trading activity?**  
    Over the past two years, all reported Form 4 filings for Duclos have reflected either administrative updates or net purchases, with this 2,500-share buy representing the largest single increase within the disclosed period.
-   **Were any shares acquired or held indirectly or via derivatives in this transaction?**  
    No indirect entities or derivative securities were involved; all 9,780 post-transaction shares are held directly.
-   **What is the broader context for this transaction in terms of RLI's stock performance?**  
    The purchase occurred following a one-year total return of (25.8%) for RLI as of May 28, 2026, and may reflect an opportunistic buy.

## Company overview

Metric

Value

Revenue (TTM)

$1.90 billion

Net income (TTM)

$395.01 million

1-year price change

\-30.38%

\* 1-year price change calculated as of June 5, 2026.

## Company snapshot

-   Offers a diversified portfolio of property and casualty insurance products, including commercial and personal coverage, general and professional liability, marine, surety bonds, and reinsurance.
-   Generates revenue primarily through underwriting insurance premiums.
-   Targets commercial businesses, professionals, contractors, transportation entities, and individuals seeking specialty insurance solutions in the United States and internationally.

RLI is a specialty insurer with a national footprint, focusing on niche property and casualty markets.

## What this transaction means for investors

Insiders have many reasons to sell their stock, but they usually don’t buy unless they expect the price to rise. A significant purchase on the open market suggests Duclos expects RLI stock to recover some of the ground it’s been losing. Shares of the specialty insurer have fallen about 42% from the peak they set in 2024.

Duclos’ recent purchase of more RLI stock could also have been swayed by the company’s recent special dividend. Investors will receive $2 per share on June 12 for shares they were holding on May 29. It will be the second $2 special dividend they’ve received in less than 12 months.

In addition to the occasional special dividend, RLI distributes a regular, quarterly dividend. The company raised the quarterly payout by 12.5% to $0.18 per share and authorized a new $250 million share repurchase program.

RLI’s specialty insurance business is highly profitable. In the first quarter, the company reported just $86 dollars in losses and expenses for every $100 it collected in premiums.

## Should you buy stock in RLI right now?

Before you buy stock in RLI, consider this:

The _Motley Fool Stock Advisor_ analyst team just identified what they believe are the **10 best stocks** for investors to buy now… and RLI wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when **Netflix** made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, **you’d have $439,847**!\* Or when **Nvidia** made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, **you’d have $1,342,065**!\*

Now, it’s worth noting _Stock Advisor’s_ total average return is 968% — a market-crushing outperformance compared to 211% for the S&P 500. **Don't miss the latest top 10 list, available with _Stock Advisor_, and join an investing community built by individual investors for individual investors.**

See the 10 stocks »

_\*Stock Advisor returns as of June 6, 2026._

_Cory Renauer has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy._

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

### Related Stocks

- [RLI.US](https://longbridge.com/en/quote/RLI.US.md)
- [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md)
- [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md)
- [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md)
- [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md)
- [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md)

## Related News & Research

- [A Look At RLI Corp (RLI) Valuation After A Year Of Weaker Share Price Performance](https://longbridge.com/en/news/288871168.md)
- [RLI Declares Regular and Special Dividends and Authorizes New $250 Million Share Repurchase Program | RLI Stock News](https://longbridge.com/en/news/286431200.md)
- [Ryan Specialty's CFO Bought 6,300 Shares for $200,000](https://longbridge.com/en/news/288933206.md)
- [Digital Brands Group CEO makes first-ever insider open-market purchase, signals confidence](https://longbridge.com/en/news/289215811.md)
- [Is there any reason left to buy cryptocurrency in 2026?](https://longbridge.com/en/news/289171308.md)