RLI RLI CORP
Price Chart
Executive Summary
Four RLI insiders, including the CEO and COO, made open-market purchases totaling $492K over a 5-day window in late May/early June 2026. The purchases represent ~0.011% of RLI's $4.6B market cap, a trivial amount per the proportionality check, but the insider cluster buys are academically among the strongest signals when C-suite executives participate.
Key Financial Metrics
Actionable Insight
The CEO, COO, and two directors buying simultaneously — even in small size — is a rare bullish cluster signal per the insider-buying literature (Cohen/Malloy/Pomorski). The historical calibration for this filing type shows an average net alpha of -1.04% at T+20, so keep position sizing modest. No immediate catalyst is apparent from this filing alone; monitor upcoming quarterly earnings for fundamental confirmation.
Key Facts
- CEO Craig W. Kliethermes bought 2,000 shares at $52.00 ($104K) on 2026-05-27
- COO Jennifer L. Klobnak bought 2,000 shares at $52.72 ($105K) on 2026-05-27
- Director David B. Duclos bought 2,500 shares at $51.99 ($130K) on 2026-05-28
- Director Clark C. Kellogg bought 3,000 shares at $50.90 ($153K) on 2026-06-01
- Total cluster value: $492K — ~0.011% of RLI's $4.6B market cap
- No recent insider sales were filed in the cluster window
- Prior 30d insider activity: 6 buys totaling $859K, reinforcing a sustained buying pattern
Financial Impact
Insiders deployed $492K of personal capital; trivial relative to $4.6B market cap but notable as a coordinated C-suite + director cluster buy
Risk Factors
- Dollar amount is tiny at 0.011% of market cap — could be routine portfolio rebalancing
- Historical win rate on past RLI calls is only 40% at T+20 with negative net alpha
- Insurance sector faces competitive pricing pressure and catastrophe loss uncertainty
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-RLI-1780345967162 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 1, 2026
11d ago
|
Insider Cluster
| $50.96 $50.08 | ▼ −1.73% | ▼ −1.01% | $54.35 (+6.65%) |
|
May 29, 2026
14d ago
|
Insider Cluster
| $50.63 $50.96 | ▲ +0.65% | ▲ +0.50% | $54.35 (+7.35%) |
|
May 14, 2026
29d ago
|
8-K
| $49.88 $50.82 | ▲ +1.88% | ▲ +3.11% | $54.35 (+8.96%) |
|
Apr 28, 2026
6w ago
|
8-K
| $48.98 $49.58 | ▲ +1.21% | ▲ +0.19% | $54.35 (+10.95%) |
|
Apr 22, 2026
7w ago
|
8-K
| $54.94 $52.81 | ▲ +3.88% | ▲ +4.66% | $54.35 (+1.07%) |
|
Mar 26, 2026
11w ago
|
DEFA14A
| $56.32 $57.33 | ▲ +1.79% | ▲ +2.15% | $54.35 (−3.50%) |
US Market Status
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