Klobnak Jennifer L 4

What Happened
Jennifer L. Klobnak, Chief Operating Officer of RLI Corp (RLI), made an open-market purchase of 2,000 shares on January 23, 2026 at $57.99 per share, for a total cost of $115,980. This was a purchase (code P), which is a direct acquisition of stock rather than a sale or option exercise.

Key Details

• Transaction date: 2026-01-23
• Price per share: $57.99; Shares purchased: 2,000; Total value: $115,980
• Transaction type: Purchase (open market or private purchase), code P
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnote: F1 — balance reflects dividend reinvestment
• Filing: Form 4 filed with accession 0001666279-26-000002 on 2026-01-23 (filed the same day as the reported transaction)

Context

• Purchases by executives can be interpreted as a personal investment in the company, but they do not prove future performance.
• No options, gifts, or sales were reported in this transaction. The footnote indicates the insider’s reported balance takes dividend reinvestment into account.