Last updated: 31 May 2024 at 4:58pm EST

Jonathan Michael Net Worth




The estimated Net Worth of Jonathan E Michael is at least $13.6 Million dollars as of 29 May 2024. Mr. Michael owns over 3,576 units of RLI stock worth over $8,681,781 and over the last 21 years he sold RLI stock worth over $230,432. In addition, he makes $4,714,010 as Chairman of the Board, President, and Chief Executive Officer at RLI.

Mr. Michael RLI stock SEC Form 4 insiders trading

Jonathan has made over 56 trades of the RLI stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 3,576 units of RLI stock worth $534,576 on 29 May 2024.

The largest trade he's ever made was exercising 126,000 units of RLI stock on 23 July 2015 worth over $1,891,260. On average, Jonathan trades about 5,120 units every 25 days since 2003. As of 29 May 2024 he still owns at least 58,076 units of RLI stock.

You can see the complete history of Mr. Michael stock trades at the bottom of the page.





Jonathan Michael biography

Jonathan E. Michael has been appointed as Chairman of the Board, Chief Executive Officer of the Company effective 12/31/2020. He was elected Chairman of the Board & CEO of the Company’s principal insurance subsidiaries on January 1, 2002. Mr. Michael served as Chief Operating Officer of the Company from 1994 to 2001, and prior to that served for several years as Executive Vice President, responsible for running the Company’s insurance operations. Mr. Michael joined the Company in 1982. Prior to 1982, Mr. Michael was associated with Coopers & Lybrand LLP. Mr. Michael has over 36 years of experience with the Company and has held various managerial and executive officer positions. This significant experience with the Company provides Mr. Michael with a unique perspective into our operations, our people and the strategic vision needed to meet our performance goals. He has a Bachelor’s degree in Business Administration from Ohio Dominican College.

What is the salary of Jonathan Michael?

As the Chairman of the Board, President, and Chief Executive Officer of RLI, the total compensation of Jonathan Michael at RLI is $4,714,010. There are no executives at RLI getting paid more.



How old is Jonathan Michael?

Jonathan Michael is 66, he's been the Chairman of the Board, President, and Chief Executive Officer of RLI since 2011. There are 5 older and 17 younger executives at RLI. The oldest executive at RLI Corp. is John Baily, 75, who is the Lead Independent Director.

What's Jonathan Michael's mailing address?

Jonathan's mailing address filed with the SEC is 9025, North Lindbergh Drive, Alta, Peoria, Peoria County, Illinois, 61615, United States of America.

Insiders trading at RLI

Over the last 21 years, insiders at RLI have traded over $22,730,868 worth of RLI stock and bought 40,940 units worth $2,291,561 . The most active insiders traders include Jonathan E Michael, Michael J Stone, and Calvin Jr Butler. On average, RLI executives and independent directors trade stock every 20 days with the average trade being worth of $1,580,408. The most recent stock trade was executed by Craig W Kliethermes on 29 August 2024, trading 17,500 units of RLI stock currently worth $1,324,050.



What does RLI do?

rli is a specialty insurance company that offers a diversified portfolio of property and casualty coverages and surety bonds serving niche or underserved markets. we combine profitable underwriting, solid investment returns and effective capital management to deliver consistent, long-term growth in shareholder value. rli has more than 850 employees in 50 locations across the united states. at rli, our talent distinguishes us and that makes us different. we hire smart people, including the best underwriters in the business, and then give them the resources and freedom to drive profitable growth. our niche, market-driven products exceed customer expectations; satisfying demands where other insurance companies do not compete. our vision for the future is to remain focused on building and managing a portfolio of innovative products and solutions that meet and surpass the expectations of shareholders. for more information, please visit www.rlicorp.com.



What does RLI's logo look like?

RLI Corp. logo

Complete history of Mr. Michael stock trades at SS&C Technologies Inc and RLI

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
29 May 2024 Jonathan E Michael
Option 3,576 $60.54 $216,491
29 May 2024
58,076
27 Feb 2024 Jonathan E Michael
Option 6,000 $21.39 $128,340
27 Feb 2024
54,500
10 May 2023 Jonathan E Michael
Option 6,000 $15.84 $95,040
10 May 2023
54,500
26 Aug 2022 Jonathan E Michael
Option 6,000 $11.55 $69,300
26 Aug 2022
48,500
22 Dec 2021 Jonathan E Michael
Buy 31 $81.05 $2,513
22 Dec 2021
61,679
25 Aug 2021 Jonathan E Michael
Buy 52 $75.99 $3,951
25 Aug 2021
61,648
3 Aug 2021 Jonathan E Michael
Buy 325 $76.60 $24,895
3 Aug 2021
61,596
27 May 2021 Jonathan E Michael
Buy 20 $74.33 $1,487
27 May 2021
61,271
26 Feb 2021 Jonathan E Michael
Buy 37 $67.31 $2,490
26 Feb 2021
61,251
3 Dec 2020 Jonathan E Michael
Buy 22 $70.63 $1,554
3 Dec 2020
62,028
4 Aug 2020 Jonathan E Michael
Buy 472 $58.19 $27,466
4 Aug 2020
62,006
1 Apr 2020 Jonathan E Michael
Option 42,500 $7.65 $325,125
1 Apr 2020
42,500
19 Dec 2019 Jonathan E Michael
Buy 41 $60.97 $2,500
19 Dec 2019
61,534
26 Nov 2019 Jonathan E Michael
Buy 24 $60.59 $1,454
26 Nov 2019
61,493
5 Nov 2019 Jonathan E Michael
Buy 70 $57.15 $4,001
5 Nov 2019
61,469
1 Aug 2019 Jonathan E Michael
Buy 2,000 $48.11 $96,220
1 Aug 2019
61,399
6 May 2019 Jonathan E Michael
Buy 93 $59.05 $5,492
6 May 2019
59,399
20 Mar 2019 Jonathan E Michael
Buy 66 $62.99 $4,157
20 Mar 2019
59,306
21 Dec 2018 Jonathan E Michael
Buy 97 $43.19 $4,189
21 Dec 2018
59,240
20 Nov 2018 Jonathan E Michael
Buy 10,000 $44.58 $445,800
20 Nov 2018
59,143
5 Nov 2018 Jonathan E Michael
Buy 600 $49.79 $29,874
5 Nov 2018
49,143
11 May 2018 Jonathan E Michael
Buy 12,543 $49.10 $615,861
11 May 2018
48,543
18 Feb 2016 Jonathan E Michael
Buy 5,000 $57.59 $287,950
18 Feb 2016
18,000
9 Aug 2011 Jonathan E Michael
Buy 3,000 $16.79 $50,370
9 Aug 2011
13,000
30 Mar 2010 Jonathan E Michael
Buy 10,000 $15.00 $150,000
30 Mar 2010
10,000
22 Feb 2024 Jonathan E Michael
Option 22,500 $60.33 $1,357,425
22 Feb 2024
758,467
30 Jan 2023 Jonathan E Michael
Option 76,250 $58.17 $4,435,463
30 Jan 2023
739,447
10 Nov 2020 Jonathan E Michael
Option 77,250 $58.24 $4,499,040
10 Nov 2020
810,245
2 Aug 2019 Jonathan E Michael
Option 26,000 $49.58 $1,289,080
2 Aug 2019
757,427
22 Apr 2019 Jonathan E Michael
Option 32,000 $78.67 $2,517,440
22 Apr 2019
755,308
13 Sep 2018 Jonathan E Michael
Option 74,000 $36.50 $2,701,000
13 Sep 2018
773,393
28 Nov 2017 Jonathan E Michael
Option 34,000 $26.13 $888,420
28 Nov 2017
715,759
21 Nov 2016 Jonathan E Michael
Option 122,339 $42.32 $5,177,386
21 Nov 2016
674,904
21 Nov 2016 Jonathan E Michael
Option 122,339 $42.32 $5,177,386
21 Nov 2016
674,904
25 Aug 2016 Jonathan E Michael
Option 78,000 $24.69 $1,925,820
25 Aug 2016
703,364
25 Aug 2016 Jonathan E Michael
Option 78,000 $24.69 $1,925,820
25 Aug 2016
703,364
11 May 2016 Jonathan E Michael
Option 54,000 $20.70 $1,117,800
11 May 2016
667,039
14 Mar 2016 Jonathan E Michael
Option 58,000 $16.12 $934,960
14 Mar 2016
647,078
28 Oct 2015 Jonathan E Michael
Option 73,000 $13.61 $993,530
28 Oct 2015
628,426
23 Jul 2015 Jonathan E Michael
Option 126,000 $15.01 $1,891,260
23 Jul 2015
632,959
13 Mar 2015 Jonathan E Michael
Option 63,000 $14.72 $927,360
13 Mar 2015
545,100
4 Dec 2013 Jonathan E Michael
Sale 200 $97.48 $19,496
4 Dec 2013
4,860
25 Jul 2013 Jonathan E Michael
Option 51,000 $32.07 $1,635,570
25 Jul 2013
288,027
16 May 2013 Jonathan E Michael
Option 45,000 $27.54 $1,239,300
16 May 2013
265,139
13 Dec 2011 Jonathan E Michael
Sale 2,000 $71.60 $143,200
13 Dec 2011
5,060
21 Oct 2011 Jonathan E Michael
Sale 966 $70.12 $67,736
21 Oct 2011
7,060
25 Jul 2011 Jonathan E Michael
Option 60,000 $28.08 $1,684,800
25 Jul 2011
273,527
19 Dec 2006 Jonathan E Michael
Option 9,355 $21.10 $197,391
19 Dec 2006
145,781
25 Oct 2005 Jonathan E Michael
Option 28,115 $13.17 $370,275
25 Oct 2005
142,109
8 Mar 2005 Jonathan E Michael
Option 56,946 $16.92 $963,526
8 Mar 2005
146,932
4 Feb 2005 Jonathan E Michael
Option 17,000 $21.10 $358,700
4 Feb 2005
101,132
10 Dec 2004 Jonathan E Michael
Option 10,838 $8.66 $93,857
10 Dec 2004
83,794
8 Sep 2004 Jonathan E Michael
Option 20,859 $39.28 $819,342
8 Sep 2004
83,202
4 May 2004 Jonathan E Michael
Buy 2,000 $34.56 $69,120
4 May 2004
27,205
3 May 2004 Jonathan E Michael
Buy 1,000 $34.85 $34,850
3 May 2004
25,205
9 Dec 2003 Jonathan E Michael
Option 349 $37.70 $13,157
9 Dec 2003
23,938


RLI executives and stock owners

RLI executives and other stock owners filed with the SEC include: