RLI (RLI) CEO Craig Kliethermes purchases 5,000 company shares at $52
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.
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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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $52.00 | $260K |
Footnotes (2)
- F1. Due to an adminstrative error this Amended Form 4 is being filed to correct the number of shares acquired on May 27, 2026.
- F2. Ownership reflects dividend reinvestment.
Key Figures
Key Terms
open-market purchase financial
Form 4/A regulatory
dividend reinvestment financial
AI-generated analysis. How Rhea-AI works. Not financial advice.