RLI Corp CEO receives 15,000 stock options

The options may be exercised in 20% increments beginning November 2, 2027, and expire November 2, 2034.

Available on EDGAR 11/03/2026 - 04:15 PM EST Accepted by SEC EDGAR 11/03/2026 - 04:15 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

RLI CEO Craig W. Kliethermes acquired 1,980 common shares on October 8, 2026, in a transaction reported as an acquisition by will or laws of descent and distribution. His reported post-transaction ownership was 155,970 shares, reflecting dividend reinvestment. On November 2, 2026, he received a grant of 15,000 stock options with a $67.24 exercise price.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Kliethermes Craig W

Role CHIEF EXECUTIVE OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Stock Option F3	15,000	$0.00	$0.00
Estate Transfer	Common Stock F1, F2	1,980	$0.00	$0.00

Holdings After Transaction: Stock Option — 0 contracts (Direct); Common Stock — 155,970 shares (Direct)

Footnotes (3)

1. F1. Stock option grant price and number of stock options adjusted to reflect 2-for-1 stock split on 01/15/25.
2. F2. Ownership reflects dividend reinvestment.
3. F3. 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.

Key Figures

Common shares acquired: 1,980 shares Post-transaction ownership: 155,970 shares Stock options granted: 15,000 options +4 more

7 metrics

Common shares acquired 1,980 shares October 8, 2026

Post-transaction ownership 155,970 shares Following the October 8, 2026 transaction; reflects dividend reinvestment

Stock options granted 15,000 options November 2, 2026

Exercise price $67.24 per share Stock option grant dated November 2, 2026

Exercise increments 20% Under the option schedule, commencing one year from the grant date and each year thereafter

First exercise date November 2, 2027 Stock options granted November 2, 2026

Expiration date November 2, 2034 Stock options granted November 2, 2026

Key Terms

option schedule, dividend reinvestment, laws of descent and distribution

3 terms

option schedule technical

"Pursuant to option schedule wherein 20% of the aggregate number of shares granted may be exercised"

dividend reinvestment financial

"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.

laws of descent and distribution technical

"Acquisition or disposition by will or laws of descent and distribution"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RLI shares did CEO Craig W. Kliethermes acquire?

Craig W. Kliethermes acquired 1,980 common shares on October 8, 2026, in a transaction reported as an acquisition by will or laws of descent and distribution. His reported post-transaction ownership was 155,970 shares, reflecting dividend reinvestment.

What were the terms of Craig W. Kliethermes’s RLI stock option grant?

On November 2, 2026, Craig W. Kliethermes received 15,000 stock options with a $67.24 exercise price. The options may be exercised in 20% increments beginning November 2, 2027, and expire November 2, 2034.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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^*

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/08/2026		W		1,980	A	$0	155,970(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$67.24	11/02/2026		A		15,000		11/02/2027(3)	11/02/2034	Common Stock	15,000	$0	0	D

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.

3. 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/ Craig W. Kliethermes	11/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)