Selective Insurance director proposes $364K share sale

The notice lists Merrill Lynch as broker and identifies director compensation awards as the source of the proposed shares.

Rhea-AI Filing Summary

Selective Insurance Group Inc. director Cynthia S. Nicholson filed a notice of a proposed sale of 3,691 common shares, with an aggregate market value of $364,342.13 and an approximate sale date of October 26, 2026. The notice lists Merrill Lynch as broker. The listed shares are associated with restricted stock unit awards granted as director compensation, including 1,078 shares vesting on May 5, 2024, 1,159 on May 3, 2025, and 1,454 on May 2, 2026.

Key Figures

Proposed sale: 3,691 common shares Aggregate market value: $364,342.13 Issuer shares outstanding: 58,996,229 shares +3 more

6 metrics

Proposed sale 3,691 common shares Approximate sale date: October 26, 2026

Aggregate market value $364,342.13 For the proposed sale

Issuer shares outstanding 58,996,229 shares Reported in the securities information

Shares from 2024 director-compensation award vesting 1,078 shares Vested May 5, 2024

Shares from 2025 director-compensation award vesting 1,159 shares Vested May 3, 2025

Shares from 2026 director-compensation award vesting 1,454 shares Vested May 2, 2026

Key Terms

Rule 144, restricted stock unit awards, director compensation

3 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock unit awards financial

"Vesting of restricted stock unit awards"

Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.

director compensation financial

"Granted as part of director compensation"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SIGI shares does Cynthia S. Nicholson plan to sell?

The notice lists a proposed sale of 3,691 common shares, with an aggregate market value of $364,342.13 and an approximate sale date of October 26, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/26/2026 - 04:06 PM EDT Accepted by SEC EDGAR 10/26/2026 - 04:05 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001470648
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	SELECTIVE INSURANCE GROUP INC
SEC File Number	001-33067
Address of Issuer	40 WANTAGE AVENUE BRANCHVILLE NEW JERSEY 07890
Phone	9739483000
Name of Person for Whose Account the Securities are To Be Sold	Nicholson Cynthia S
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Merrill Lynch 225 Liberty Street Floor 37 New York NY 10281	3691	364342.13	58996229	10/26/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/05/2024	Vesting of restricted stock unit awards	SELECTIVE INSURANCE GROUP INC			1078	05/05/2024	Granted as part of director compensation
Common Stock	05/03/2025	Vesting of restricted stock unit awards	SELECTIVE INSURANCE GROUP INC			1159	05/03/2025	Granted as part of director compensation
Common Stock	05/02/2026	Vesting of restricted stock unit awards	SELECTIVE INSURANCE GROUP INC			1454	05/02/2026	Granted as part of director compensation

* 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

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	10/26/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Cynthia Nicholson
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)