RLI Corp (RLI) grants VP 1,250 stock options at $58.74

Rhea-AI Filing Summary

RLI Corp reported that officer Seth Anthony Davis, Vice President and Controller, received a grant of stock options on 02/02/2026. The award covers 1,250 stock options with an exercise price of $58.74 per share, each option linked to one share of common stock.

These options become exercisable under a schedule where 20% of the total grant vests one year after the grant date, and an additional 20% vests on each anniversary thereafter. The options are exercisable from 02/02/2027 and expire on 02/02/2034, and are held directly by Davis.

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^*

Davis Seth Anthony

(Last) (First) (Middle)

9025 N. LINDBERGH DRIVE

(Street)

PEORIA IL 61615

(City) (State) (Zip)

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)
	VICE PRESIDENT, CONTROLLER

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

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

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

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

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

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
Stock Option	$58.74	02/02/2026		A		1,250		02/02/2027(1)	02/02/2034	Common Stock	1,250	$0	1,250	D

Explanation of Responses:

1. 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.

	/s/ Seth A. Davis	02/03/2026
	** 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.

FAQ

What stock options were granted to RLI (RLI) officer Seth Anthony Davis?

Seth Anthony Davis received 1,250 RLI stock options on 02/02/2026. Each option has a $58.74 exercise price and is linked to one share of common stock, giving him the right to buy shares at that price once vested.

When do Seth Anthony Davis’s RLI stock options start vesting and become exercisable?

The options begin vesting one year after the 02/02/2026 grant date. Twenty percent of the 1,250 options vest then, with another 20% each year. They are exercisable starting 02/02/2027 and remain exercisable until 02/02/2034.

What is the exercise price of the RLI stock options granted on 02/02/2026?

The stock options granted to Seth Anthony Davis have a $58.74 exercise price per share. This means he can purchase RLI common stock at $58.74 for each vested option, anytime between 02/02/2027 and the 02/02/2034 expiration date.

How many RLI derivative securities does Seth Anthony Davis own after this grant?

After the reported transaction, Seth Anthony Davis beneficially owns 1,250 RLI stock options. These are held directly and represent his entire reported derivative position in this filing, all tied to the 02/02/2026 option grant.

What is the vesting schedule for the 1,250 RLI stock options granted to Seth Anthony Davis?

The 1,250 options vest in 20% increments over time. Twenty percent can be exercised starting one year from the 02/02/2026 grant date, with an additional 20% becoming exercisable on each subsequent anniversary, continuing until the full grant is vested.