RLI Corp CEO awarded options for 15,000 shares at $58.66
RLI Corp (RLI) reported a Form 4 showing its Chief Executive Officer received a stock option grant.
Rhea-AI Filing Summary
RLI Corp (RLI) reported a Form 4 showing its Chief Executive Officer received a stock option grant. On 11/03/2025, the CEO was granted options to purchase 15,000 shares of common stock at an exercise price of $58.66 per share.
The options vest in 20% annual increments, beginning one year from the grant date on 11/03/2026, and expire on 11/03/2033. Following the transaction, 15,000 derivative securities were beneficially owned in direct form.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 15,000 shares
Grant/Award
1 txn
Insider
Kliethermes Craig W
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 15,000 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option — 15,000 contracts (Direct)
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 did RLI (RLI) disclose in this Form 4?
The CEO received a stock option grant covering 15,000 shares at an exercise price of $58.66 on 11/03/2025.
What is the exercise price and size of the CEO’s options at RLI (RLI)?
The grant is for 15,000 shares with an exercise price of $58.66 per share.
How do the RLI (RLI) CEO’s options vest?
They vest in 20% increments each year, starting 11/03/2026.
When do the CEO’s RLI (RLI) options expire?
The options expire on 11/03/2033.
What is the ownership form after the transaction?
The Form 4 lists 15,000 derivative securities beneficially owned directly.
Who is the reporting person in the RLI (RLI) filing?
The reporting person is the Chief Executive Officer of RLI Corp.
AI-generated analysis. How Rhea-AI works. Not financial advice.