Aaron P. Diefenthaler - 11 Nov 2024 Form 4 Insider Report for RLI CORP (RLI)

Role
TREASURER, CHIEF INVEST. OFF.
Signature
/s/ Aaron P. Diefenthaler
Issuer symbol
RLI
Transactions as of
11 Nov 2024
Net transactions value
-$603,969
Form type
4
Filing time
12 Nov 2024, 16:15:10 UTC
Previous filing
06 May 2024
Next filing
15 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RLI Common Stock Options Exercise $546,810 +11,000 +38% $49.71 39,696 11 Nov 2024 Direct
transaction RLI Common Stock Tax liability $1,150,779 -6,627 -17% $173.65 33,069 11 Nov 2024 Direct
holding RLI Common Stock 1,484 11 Nov 2024 By Executive Deferred Compensation F1
holding RLI Common Stock 4,440 11 Nov 2024 Employee Stock Ownership Plan - ESOP F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RLI Stock Option Options Exercise $0 -11,000 -100% $0.000000 0 11 Nov 2024 Common Stock 11,000 $49.71 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ownership reflects dividend reinvestment.
F2 Balance reflects annual company contributions and dividend reinvestment.
F3 Stock option grant price adjusted to reflect $7.00 extraordinary dividend declared 11-10-2022.
F4 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.