FICK JEFFREY D 4

What Happened
Jeffrey D. Fick, Chief Legal Officer of RLI Corp (RLI), was granted a derivative award of 3,750 shares on Feb 2, 2026. The grant price reported is $0.00, so there was no cash paid by the insider at grant. This is an award/grant (A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-02; Form 4 filed 2026-02-03 (filed one day after the transaction).
• Shares granted: 3,750; reported price: $0.00; total reported value: $0 (derivative grant).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The award is subject to an option/vesting schedule — 20% of the aggregate number of shares may be exercised commencing one year from the grant date and each year thereafter in 20% increments.
• No indication this was a sale or a cashless exercise; this is a grant of a derivative award.

Context: This filing documents a grant/award to an executive, not a market purchase or sale. For derivative awards like this, shares typically vest or become exercisable over time (per the 20% annual schedule), so it does not reflect an immediate cash outlay or sale by the insider.