RLI VP granted 1,250 stock options at $58.74
RLI Corp reported that officer Seth Anthony Davis, Vice President and Controller, received a grant of stock options on 02/02/2026.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 1,250 | $0.00 | $0.00 |
Footnotes (1)
- 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stock options were granted to RLI (RLI) officer Seth Anthony Davis?
When do Seth Anthony Davis’s RLI stock options start vesting and become exercisable?
What is the exercise price of the RLI stock options granted on 02/02/2026?
How many RLI derivative securities does Seth Anthony Davis own after this grant?
What is the vesting schedule for the 1,250 RLI stock options granted to Seth Anthony Davis?
AI-generated analysis. How Rhea-AI works. Not financial advice.