RLI CEO acquires 5,000 shares via dividend reinvestment
RLI Corp's chief executive officer, Craig W. Kliethermes, increased his direct ownership of the company’s common stock through a dividend reinvestment on January 23, 2026.
Rhea-AI Filing Summary
RLI Corp's chief executive officer, Craig W. Kliethermes, increased his direct ownership of the company’s common stock through a dividend reinvestment on January 23, 2026. The transaction involved the purchase of 5,000 shares of RLI common stock at a price of $57.45 per share, coded as an open-market or dividend-related purchase. Following this transaction, Kliethermes directly beneficially owns 143,990 shares of RLI common stock. A footnote explains that the reported ownership reflects dividend reinvestment, meaning cash dividends were automatically used to acquire additional shares rather than being taken in cash.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $57.45 | $287K |
Footnotes (1)
- F1. Ownership reflects dividend reinvestment.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RLI (RLI) report for January 23, 2026?
RLI reported that its chief executive officer, Craig W. Kliethermes, acquired 5,000 shares of common stock on January 23, 2026, at $57.45 per share.
Was the RLI (RLI) CEO’s Form 4 transaction a purchase or a sale?
The Form 4 shows a transaction code P, indicating a purchase of 5,000 shares of RLI common stock.
What does the dividend reinvestment footnote mean in the RLI (RLI) Form 4?
The footnote states that ownership reflects dividend reinvestment, meaning that cash dividends were automatically used to buy additional RLI shares instead of being received in cash.
Is the RLI (RLI) CEO’s ownership on this Form 4 reported as direct or indirect?
The Form 4 lists the 143,990 shares held after the transaction as direct ownership by Craig W. Kliethermes.
AI-generated analysis. How Rhea-AI works. Not financial advice.