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Selective Insurance (NASDAQ: SIGI) investors approve board, pay and KPMG

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Selective Insurance Group, Inc. held its 2026 Annual Meeting of Stockholders on April 29, 2026, where shareholders elected all twelve director nominees to one-year terms. Support for each director was strong, with vote totals generally around 48 million shares cast in favor.

Stockholders also approved, on an advisory basis, the 2025 compensation of the company’s named executive officers, with 47,882,612 votes for, 768,525 against, and 116,897 abstentions. In addition, they ratified the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, by a vote of 52,567,600 for, 842,875 against, and 55,005 abstentions.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Say-on-pay votes for 47,882,612 shares Advisory approval of 2025 executive compensation
Say-on-pay votes against 768,525 shares Advisory approval of 2025 executive compensation
Auditor ratification votes for 52,567,600 shares Ratification of KPMG LLP for fiscal year ending December 31, 2026
Auditor ratification votes against 842,875 shares Ratification of KPMG LLP for fiscal year ending December 31, 2026
Broker non-votes 4,697,446 shares Director elections and advisory compensation vote at 2026 Annual Meeting
Meeting date April 29, 2026 2026 Annual Meeting of Stockholders held by Selective Insurance Group, Inc.
broker non-votes financial
"Broker Non-Votes 4,697,446"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"appointment of KPMG LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
definitive proxy statement regulatory
"the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
advisory basis financial
"stockholders voted to approve, on an advisory basis, the 2025 compensation"
Annual Meeting of Stockholders financial
"The 2026 Annual Meeting of Stockholders of Selective Insurance Group, Inc."
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported)April 29, 2026

SELECTIVE INSURANCE GROUP, INC.
(Exact name of registrant as specified in its charter)

New Jersey001-3306722-2168890
(State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)

40 Wantage Avenue, Branchville, New Jersey 07890
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code (973) 948-3000

Not Applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol (s)Name of each exchange on which registered
Common Stock, par value $2 per shareSIGIThe Nasdaq Stock Market LLC
Depositary Shares, each representing a 1/1,000th interest in a share of 4.60% Non-Cumulative Preferred Stock, Series B, without par valueSIGIPThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.




Section 5 – Corporate Governance and Management


Item 5.07.    Submission of Matters to a Vote of Security Holders.

The 2026 Annual Meeting of Stockholders (the "Annual Meeting") of Selective Insurance Group, Inc. (the “Company”) was held on April 29, 2026. Set forth below are the final voting results for each of the matters submitted to a vote of the stockholders at the Annual Meeting. For more information about the proposals set forth below, please see the Company’s definitive proxy statement filed with the U.S. Securities and Exchange Commission on March 26, 2026 (the "Proxy Statement").

1.    The Company’s stockholders elected each of the twelve director nominees to serve on the Company's Board of Directors for a term of one year, as follows:

DirectorForAgainstAbstainBroker Non-Votes
Ainar D. Aijala, Jr.48,638,529106,95422,5514,697,446
Lisa Rojas Bacus48,507,505231,00629,5234,697,446
Terrence W. Cavanaugh48,433,670313,84120,5234,697,446
Robert Kelly Doherty48,515,615231,59120,8284,697,446
John J. Marchioni48,105,672638,23924,1234,697,446
Thomas A. McCarthy48,697,99449,94620,0944,697,446
Stephen C. Mills46,986,2171,751,98529,8324,697,446
H. Elizabeth Mitchell48,677,61270,10520,3174,697,446
Cynthia S. Nicholson47,907,526840,00120,5074,697,446
Julie Parsons48,673,18470,97723,8734,697,446
Kate E. R. Sampson48,681,80365,91920,3124,697,446
John S. Scheid48,300,301447,16320,5704,697,446

2.    The Company’s stockholders voted to approve, on an advisory basis, the 2025 compensation of the Company's named executive officers as disclosed in the Proxy Statement, as follows:

ForAgainstAbstainBroker Non-Votes
47,882,612768,525116,8974,697,446

3.    The Company’s stockholders voted to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, as follows:

ForAgainstAbstainBroker Non-Votes
52,567,600842,87555,0050



SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SELECTIVE INSURANCE GROUP, INC.
Date:April 30, 2026By:/s/ Michael H. Lanza
Michael H. Lanza
Executive Vice President and General Counsel



FAQ

What did Selective Insurance Group (SIGI) shareholders decide at the 2026 annual meeting?

Shareholders elected all twelve director nominees to one-year terms and approved 2025 executive compensation on an advisory basis. They also ratified KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, reflecting broad support for current governance and oversight.

How did Selective Insurance Group (SIGI) shareholders vote on executive compensation for 2025?

Shareholders approved the 2025 compensation of named executive officers on an advisory basis, with 47,882,612 votes for, 768,525 against, and 116,897 abstentions. This advisory vote, often called say-on-pay, signals general shareholder support for the company’s disclosed pay practices and decisions.

Were Selective Insurance Group (SIGI) director nominees re-elected at the 2026 annual meeting?

Yes, all twelve director nominees were elected to the board for one-year terms. Each nominee, including Ainar D. Aijala Jr. and John J. Marchioni, received around 48 million votes for and relatively few votes against, indicating strong shareholder backing for the board slate.

Which audit firm did Selective Insurance Group (SIGI) shareholders ratify for 2026?

Shareholders ratified KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. The vote was 52,567,600 shares for, 842,875 against, and 55,005 abstentions, confirming KPMG’s role in auditing the company’s financial statements for that year.

How many broker non-votes occurred at Selective Insurance Group’s (SIGI) 2026 annual meeting?

Broker non-votes totaled 4,697,446 shares on the director elections and the advisory executive compensation proposal. Broker non-votes arise when brokers hold shares in street name but lack voting instructions on certain matters, so those shares are not counted as for or against those proposals.

Filing Exhibits & Attachments

4 documents