RLI Corp (NYSE: RLI) COO adds 2,000 shares in open-market buy

Rhea-AI Filing Summary

RLI Corp’s Chief Operating Officer Jennifer L. Klobnak made an open-market purchase of 2,000 shares of RLI common stock on May 19, 2026 at $53.42 per share. Following this buy, she directly holds 102,318 shares. Footnotes note prior 2-for-1 split adjustments and dividend reinvestment effects on the balance.

Insider Trade Summary

Net Buyer: 2,000 shares ($106,840)

Net Buy 1 txn

Insider Klobnak Jennifer L

Role CHIEF OPERATING OFFICER

Bought 2,000 shs ($107K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	2,000	$53.42	$107K

Holdings After Transaction: Common Stock — 102,318 shares (Direct, null)

Footnotes (1)

1. Adjusted to reflect 2-for-1 stock split on 01/15/25. Balance reflects dividend reinvestment.

Key Figures

Shares purchased: 2,000 shares Purchase price: $53.42 per share Post-transaction holdings: 102,318 shares +1 more

4 metrics

Shares purchased 2,000 shares Open-market purchase on May 19, 2026

Purchase price $53.42 per share Price paid in reported transaction

Post-transaction holdings 102,318 shares Direct ownership after purchase

Net buy shares 2,000 shares Net change in this Form 4

Key Terms

open-market purchase, 2-for-1 stock split, dividend reinvestment

3 terms

open-market purchase financial

"made an open-market purchase of 2,000 shares of RLI common stock"

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.

2-for-1 stock split financial

"Adjusted to reflect 2-for-1 stock split on 01/15/25."

dividend reinvestment financial

"Balance 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Klobnak Jennifer L

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF OPERATING OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/19/2026		P		2,000	A	$53.42	102,318(1)	D(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Adjusted to reflect 2-for-1 stock split on 01/15/25.

2. Balance reflects dividend reinvestment.

	/s/ Jennifer L. Klobnak	05/19/2026
	** Signature of Reporting Person	Date
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) report for Jennifer L. Klobnak?

RLI reported that Chief Operating Officer Jennifer L. Klobnak bought 2,000 shares of common stock in an open-market transaction. The purchase increases her direct holdings and reflects a personal capital commitment at the recent trading price disclosed in the filing.

At what price did the RLI COO buy shares in this Form 4 filing?

Jennifer L. Klobnak bought 2,000 RLI common shares at an average price of $53.42 per share. This price represents the cost she paid in the reported open-market purchase on the transaction date shown in the insider trading report.

How many RLI shares does Jennifer L. Klobnak own after this transaction?

After the 2,000-share purchase, Jennifer L. Klobnak directly owns 102,318 RLI common shares. The balance also reflects prior adjustments from a 2-for-1 stock split and dividend reinvestment, as noted in the footnotes to the insider report.

What does the Form 4 say about stock splits affecting RLI insider holdings?

The Form 4 notes that the reported share figures were adjusted for a 2-for-1 stock split effective January 15, 2025. This means historical positions were doubled for comparison, ensuring the holdings shown are consistent with the current share structure.

How were dividend reinvestments reflected in Jennifer L. Klobnak’s RLI share balance?

A footnote explains that her balance reflects dividend reinvestment, meaning some dividends were used to automatically buy additional RLI shares. This mechanism gradually increases her holdings over time without separate open-market purchase entries for each reinvested dividend.