Klobnak Jennifer L 4

What Happened

• Jennifer L. Klobnak, Chief Operating Officer of RLI Corp (RLI), received an award of 8,125 shares on February 2, 2026. The award is reported as a derivative acquisition at an acquisition price of $0.00 (no cash paid).

Key Details

• Transaction date: 2026-02-02; reported on Form 4 filed 2026-02-03.
• Amount: 8,125 shares granted; reported price $0.00; transaction type: Award/Grant (code A).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — the award vests 20% of the aggregate grant starting one year from the grant date and then 20% each year thereafter (five-year vesting schedule).
• No 10b5-1 plan, tax-withholding sale, or late filing flag was reported in the provided data.

Context

• This was an equity award as compensation rather than an open-market buy or sell. Such grants are common for executives and typically vest over time; they do not necessarily indicate an immediate buy/sell signal.