[Form 4] RLI CORP Insider Trading Activity
RLI CORP reported that Vice President and Controller Seth Anthony Davis received new equity awards.
Rhea-AI Filing Summary
RLI CORP reported that Vice President and Controller Seth Anthony Davis received new equity awards. On May 14, 2026, he was granted 300 restricted stock units, each representing one share of common stock upon vesting, scheduled to vest 100% on the third anniversary of the grant date. He was also granted stock options on 1,500 shares of common stock at an exercise price of $49.88 per share. According to the option schedule, 20% of the options become exercisable one year from the grant date and an additional 20% each year thereafter.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,800 shares
Grant/Award
2 txns
Insider
Davis Seth Anthony
Role
VICE PRESIDENT, CONTROLLER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 1,500 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 300 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 1,500 contracts (Direct);
Restricted Stock Unit — 300 contracts (Direct)
Footnotes (4)
- F1. Pursuant to option schedule wherein 20% of the aggregate number of shares granted may be exercised commencing one year from grant date and each year thereafter in 20% increments.
- F2. Shares acquired on the vesting of restricted stock units.
- F3. Upon vesting, each restricted stock unit represents the right to receive one share of common stock.
- F4. These restricted stock units are scheduled to vest 100% on the third anniversary of the date of grant.
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