RLI chief legal officer receives 3,750 stock options
RLI Corp reported that Chief Legal Officer Jeffrey D. Fick received a grant of stock options for 3,750 shares of common stock on February 2, 2026.
Rhea-AI Filing Summary
RLI Corp reported that Chief Legal Officer Jeffrey D. Fick received a grant of stock options for 3,750 shares of common stock on February 2, 2026. The options have an exercise price of $58.74 per share and were received at no cost to him.
According to the option schedule, 20% of the 3,750 options become exercisable one year after the grant date, with an additional 20% vesting each year in similar increments until fully vested. The options expire on February 2, 2034 if not exercised. Following this grant, Fick beneficially holds 3,750 derivative securities directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 3,750 | $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
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What insider transaction did RLI (RLI) report for Jeffrey D. Fick?
What are the key terms of Jeffrey D. Fick’s RLI (RLI) stock options?
How do the RLI (RLI) stock options granted to Jeffrey D. Fick vest?
How many RLI (RLI) derivative securities does Jeffrey D. Fick own after this grant?
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AI-generated analysis. How Rhea-AI works. Not financial advice.