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Shareholder plans 14,219-share Selective Insurance (NASDAQ: SIGI) sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Selective Insurance Group Inc. has a shareholder planning to sell 14,219 shares of its common stock under Rule 144. The planned sale is to be executed through Merrill Lynch on or about 02/05/2026 on the NASDAQ, with an aggregate market value of 1,279,710.00.

The filing notes that there were 60,409,116 shares of common stock outstanding. The shares to be sold were acquired through the vesting of restricted stock unit awards granted under the issuer’s equity compensation plan between 2020 and 2025, reflecting stock-based compensation rather than open-market purchases.

Positive

  • None.

Negative

  • None.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the SIGI Form 144 filing disclose about planned share sales?

The Form 144 shows a shareholder plans to sell 14,219 shares of Selective Insurance Group common stock. The shares are to be sold on NASDAQ through Merrill Lynch, with an aggregate market value listed as 1,279,710.00 in the filing.

How many Selective Insurance Group (SIGI) shares are outstanding in this filing?

The filing states that Selective Insurance Group has 60,409,116 common shares outstanding. This figure provides context for the planned sale of 14,219 shares under Rule 144, indicating the sale represents a small fraction of total shares.

When is the planned sale date for the SIGI shares under Rule 144?

The notice lists an approximate sale date of 02/05/2026 for the 14,219 Selective Insurance Group common shares. This date reflects when the shareholder expects to begin selling through Merrill Lynch on the NASDAQ exchange, subject to Rule 144 conditions.

How were the SIGI shares being sold under Rule 144 originally acquired?

The shares were acquired through vesting of restricted stock unit awards granted as part of Selective Insurance Group’s equity compensation plan. Vesting dates range from 2020 through 2025, showing these securities were received as compensation rather than bought in the open market.

Which broker is handling the planned Rule 144 sale for SIGI shares?

The filing identifies Merrill Lynch, located at 225 Liberty St, Floor 37, New York, NY 10281, as the broker for the planned sale. The 14,219 Selective Insurance Group common shares are expected to be sold on the NASDAQ through this brokerage firm.

What representation does the selling shareholder make in the SIGI Form 144?

The selling shareholder represents that they do not know any material adverse information about Selective Insurance Group’s current or prospective operations that has not been publicly disclosed. This representation is part of the standard attestation language included in the notice.
Selective Ins

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Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States
BRANCHVILLE