STOCK TITAN

RLI (RLI) CEO Craig Kliethermes purchases 5,000 company shares at $52

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

RLI CORP chief executive officer Craig W. Kliethermes filed an amended insider report showing an open-market purchase of 5,000 shares of common stock at $52.00 per share. After this transaction, he directly holds 153,990 RLI shares, with ownership figures reflecting dividend reinvestment.

The filing is an amendment to correct the originally reported number of shares acquired on May 27, 2026, clarifying the size of the CEO’s recent personal share purchase.

Positive

  • None.

Negative

  • None.

Insights

CEO makes a modest open-market share purchase after correcting prior disclosure.

RLI CORP’s CEO Craig W. Kliethermes reported buying 5,000 shares of common stock in an open-market transaction at $52.00 per share. This brings his direct holdings to 153,990 shares, indicating a meaningful personal stake aligned with shareholders.

The transaction is filed on a Form 4/A to fix an administrative error in the previously reported share count for the May 27, 2026 trade. The filing also notes that his ownership level reflects dividend reinvestment, showing that dividends are being used to accumulate additional shares over time.

As a single open-market purchase with no related derivative exercises or sales, this looks like a straightforward increase in equity exposure by the CEO rather than a complex restructuring or pre-planned trading pattern.

Insider Kliethermes Craig W
Role CHIEF EXECUTIVE OFFICER
Bought 5,000 shs ($260K)
Type Security Shares Price Value
Purchase Common Stock 5,000 $52.00 $260K
Holdings After Transaction: Common Stock — 153,990 shares (Direct, null)
Footnotes (1)
  1. Due to an adminstrative error this Amended Form 4 is being filed to correct the number of shares acquired on May 27, 2026. Ownership reflects dividend reinvestment.
Shares purchased 5,000 shares Open-market purchase of RLI common stock on May 27, 2026
Purchase price $52.00 per share Price paid by CEO for the 5,000-share acquisition
Holdings after transaction 153,990 shares Direct RLI common stock owned by CEO following the trade
Net insider share change 5,000 shares Net buy shares as summarized in the filing
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4/A regulatory
"Due to an adminstrative error this Amended Form 4 is being filed"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
dividend reinvestment financial
"Ownership reflects dividend reinvestment."
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kliethermes Craig W

(Last)(First)(Middle)
9025 N. LINDBERGH DRIVE

(Street)
PEORIA ILLINOIS 61615

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
RLI CORP [ RLI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF EXECUTIVE OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
05/28/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/27/2026P5,000(1)A$52153,990D(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Due to an adminstrative error this Amended Form 4 is being filed to correct the number of shares acquired on May 27, 2026.
2. Ownership reflects dividend reinvestment.
/s/ Craig W. Kliethermes06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did RLI (RLI) disclose for CEO Craig Kliethermes?

RLI disclosed that CEO Craig W. Kliethermes bought 5,000 shares of common stock in an open-market transaction at $52.00 per share. The amended Form 4 corrects the number of shares previously reported for the May 27, 2026 acquisition.

How many RLI (RLI) shares does the CEO hold after this Form 4/A?

After the reported transaction, CEO Craig W. Kliethermes directly holds 153,990 shares of RLI common stock. The filing notes that this ownership level reflects dividend reinvestment, meaning dividends have been used to acquire additional shares over time.

Why was this RLI (RLI) insider filing submitted as a Form 4/A amendment?

The filing is an amended Form 4 because of an administrative error in the originally reported share amount. It states the amendment corrects the number of RLI shares acquired on May 27, 2026, clarifying the exact size of the CEO’s purchase.

Was the RLI (RLI) CEO transaction an open-market purchase or another type?

The transaction is described as an open-market purchase of common stock. The Form 4/A classifies it under transaction code “P,” which corresponds to a purchase in an open market or private transaction, confirming that the CEO bought shares rather than receiving them as compensation.

Does the RLI (RLI) Form 4/A mention derivative securities or option exercises?

The Form 4/A focuses on a non-derivative purchase of common stock and shows no derivative transactions. The derivative summary is empty, indicating there were no option exercises, conversions, or other derivative-related transactions reported in this specific insider filing.