STOCK TITAN

RLI Corp (NYSE: RLI) CEO buys 5,000 shares in open-market trade

Filing Impact
(High)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

RLI Corp’s chief executive officer, Craig W. Kliethermes, bought 5,000 shares of RLI common stock in an open-market purchase at $52.00 per share. After this transaction, he directly owns 148,990 common shares. Footnotes note prior stock option adjustments for a 2-for-1 stock split and that ownership reflects dividend reinvestment.

Positive

  • None.

Negative

  • None.
Insider Kliethermes Craig W
Role CHIEF EXECUTIVE OFFICER
Bought 5,000 shs ($260K)
Type Security Shares Price Value
Purchase Common Stock 5,000 $52.00 $260K
Holdings After Transaction: Common Stock — 148,990 shares (Direct, null)
Footnotes (1)
  1. Stock option grant price and number of stock options adjusted to reflect 2-for-1 stock split on 01/15/25. Ownership reflects dividend reinvestment.
Shares purchased 5,000 shares Open-market purchase of common stock on 2026-05-21
Purchase price $52.00 per share Price paid for RLI common stock
Shares held after transaction 148,990 shares Direct ownership following the purchase
Net buy/sell shares 5,000 shares Net result of reported transactions (net-buy)
Number of buy transactions 1 transaction Open-market purchase coded as P
open-market purchase financial
"transaction_action is described as an open-market purchase of 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
"Stock option grant price and number adjusted to reflect 2-for-1 stock split"
dividend reinvestment financial
"Footnote states that ownership 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.
SEC Form 4
FORM 4UNITED 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*
Kliethermes Craig W

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF EXECUTIVE OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026P5,000A$52148,990(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Stock option grant price and number of stock options adjusted to reflect 2-for-1 stock split on 01/15/25.
2. Ownership reflects dividend reinvestment.
/s/ Craig W. Kliethermes05/21/2026
** Signature of Reporting PersonDate
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 its CEO?

RLI reported that CEO Craig W. Kliethermes bought 5,000 common shares. The open-market purchase occurred at $52.00 per share and increased his direct ownership to 148,990 common shares after the transaction.

At what price did the RLI (RLI) CEO buy shares in the latest Form 4?

The CEO’s latest reported purchase was at $52.00 per share. He acquired 5,000 shares of RLI common stock in an open-market transaction, as disclosed in the Form 4 insider trading report.

How many RLI (RLI) shares does the CEO hold after this Form 4 transaction?

After the reported trade, the CEO directly holds 148,990 common shares. This total reflects his position immediately following the 5,000-share open-market purchase disclosed in the Form 4 filing.

Was the recent RLI (RLI) CEO transaction a purchase or a sale?

The recent CEO transaction reported for RLI was a purchase. Craig W. Kliethermes executed an open-market buy of 5,000 shares of RLI common stock, coded as a “P” transaction on the Form 4.

Does the RLI (RLI) Form 4 mention any stock split adjustments?

Yes, a footnote explains adjustments for a 2-for-1 stock split. It states that the stock option grant price and number of stock options were adjusted to reflect a 2-for-1 split that occurred on January 15, 2025.

What do the footnotes in the RLI (RLI) Form 4 say about ownership?

One footnote states that ownership reflects dividend reinvestment. This indicates the CEO’s reported holdings incorporate shares accumulated through reinvested dividends, in addition to directly purchased shares.