MICHAEL JONATHAN E - 22 Feb 2024 Form 4 Insider Report for RLI CORP (RLI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Feb 2024, 16:10:17 UTC
Prior SEC filing
05 Feb 2024
Next SEC filing
29 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jonathan E. Michael

Key filing fact

MICHAEL JONATHAN E filed Form 4 for RLI CORP (RLI) on 26 Feb 2024.

Key facts

  • This page summarizes MICHAEL JONATHAN E's Form 4 filing for RLI CORP (RLI).
  • 13 reported transactions and 6 derivative rows are listed below.
  • Accepted by SEC: 26 Feb 2024, 16:10.

Change

  • Previous filing in this sequence was filed on 05 Feb 2024.
  • Current net transaction value: -$855,467.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RLI transaction

Common Stock

Options Exercise

Transaction value
$155,190
Shares
+3,000
Change %
+0.41%
Price
$51.73*
Shares after
738,967
Date
22 Feb 2024
Ownership
Direct
RLI transaction

Common Stock

Options Exercise

Transaction value
$172,260
Shares
+3,000
Change %
+0.41%
Price
$57.42*
Shares after
741,967
Date
22 Feb 2024
Ownership
Direct
RLI transaction

Common Stock

Options Exercise

Transaction value
$154,385
Shares
+2,750
Change %
+0.37%
Price
$56.14*
Shares after
744,717
Date
22 Feb 2024
Ownership
Direct
RLI transaction

Common Stock

Options Exercise

Transaction value
$188,622
Shares
+2,750
Change %
+0.37%
Price
$68.59*
Shares after
747,467
Date
22 Feb 2024
Ownership
Direct
RLI transaction

Common Stock

Options Exercise

Transaction value
$361,625
Shares
+5,500
Change %
+0.74%
Price
$65.75*
Shares after
752,967
Date
22 Feb 2024
Ownership
Direct
RLI transaction

Common Stock

Options Exercise

Transaction value
$325,380
Shares
+5,500
Change %
+0.73%
Price
$59.16*
Shares after
758,467
Date
22 Feb 2024
Ownership
Direct
RLI transaction

Common Stock

Tax liability

Transaction value
$2,212,929
Shares
-15,206
Change %
-2%
Price
$145.53
Shares after
743,261
Date
22 Feb 2024
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-3,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
22 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,000
Exercise price
$51.73
Footnotes
F1, F2
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-3,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
22 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,000
Exercise price
$57.42
Footnotes
F1, F2
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-2,750
Change %
-100%
Price
$0.000000*
Shares after
0
Date
22 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,750
Exercise price
$56.14
Footnotes
F1, F2
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-2,750
Change %
-100%
Price
$0.000000*
Shares after
0
Date
22 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,750
Exercise price
$68.59
Footnotes
F1, F2
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-5,500
Change %
-100%
Price
$0.000000*
Shares after
0
Date
22 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,500
Exercise price
$65.75
Footnotes
F1, F2
RLI transaction Derivative

Stock Option

Options Exercise

Transaction value
$0
Shares
-5,500
Change %
-100%
Price
$0.000000*
Shares after
0
Date
22 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,500
Exercise price
$59.16
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.

Footnote F2

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.

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