Jennifer L. Klobnak, Chief Operating Officer of RLI Corp, filed a Form 4 on November 3, 2026, disclosing the acquisition of stock options on November 2, 2026.

Key Highlights

  • Reporting person: Jennifer L. Klobnak, Chief Operating Officer of RLI Corp (NYSE:RLI)
  • Transaction date: November 2, 2026
  • Security acquired: Stock options to purchase 12,500 shares of Common Stock
  • Exercise price: $67.24 per share
  • Price of derivative security: $0
  • Expiration date: November 2, 2034
  • Vesting schedule: 20% of shares exercisable commencing one year from grant date, with 20% increments each year thereafter

RLI Corp COO Klobnak Acquires Stock Options in November 2026 Grant

According to the Form 4 filed with the U.S. Securities and Exchange Commission on November 3, 2026, Jennifer L. Klobnak, identified in the filing as Chief Operating Officer of RLI Corp, acquired stock options covering 12,500 shares of RLI Corp Common Stock. The transaction was recorded under transaction code "A" (acquired) in Table II, covering derivative securities. The exercise price of the options is $67.24, and the price of the derivative security is listed as $0.

The filing discloses that the options have a date first exercisable of November 2, 2027, and an expiration date of November 2, 2034. As noted in the explanation of responses, the grant is subject to an 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." Following the reported transaction, the number of derivative securities beneficially owned by Klobnak is listed as 0, with direct ownership form noted. No entries appear in Table I covering non-derivative securities.

The filing was signed by Jennifer L. Klobnak and dated November 3, 2026. It was filed as an individual report by one reporting person and is not an amendment to a prior filing. No shares of Common Stock appear to have been directly acquired or disposed of in connection with this transaction.

What Was Disclosed

The filing reports the acquisition of stock options on 12,500 shares of RLI Corp Common Stock by Chief Operating Officer Jennifer L. Klobnak on November 2, 2026, at an exercise price of $67.24, with vesting in 20% annual increments beginning November 2, 2027.