Selective Insurance director granted 3,047 shares

Cavanaugh Terrence W reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Cavanaugh Terrence W reported acquisition or exercise transactions in this Form 4 filing.

Selective Insurance Group director Terrence W. Cavanaugh received an equity grant. On this Form 4, he was awarded 3,047 shares of Selective Insurance Group, Inc. common stock at no cash cost as a compensation-related grant or award.

The holding total after this grant is 28,364.2057 common shares held directly. The position includes 1,767 restricted stock units that will vest on May 1, 2027, and 22.27670 dividend equivalent units, each economically equal to one common share. This filing reflects an equity award rather than an open-market purchase.

Insider Trade Summary

Grant/Award: 3,047 shares

Grant/Award 1 txn

Insider Cavanaugh Terrence W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,047	$0.00	$0.00

Holdings After Transaction: Common Stock — 28,364.2057 shares (Direct)

Footnotes (2)

1. F1. Includes the award of 1,767 restricted stock units that will vest on May 1, 2027.
2. F2. Includes 22.27670 dividend equivalent units. Each dividend equivalent unit is the economic equivalent of one share of Selective Insurance Group, Inc. common stock.

Key Figures

Equity grant size: 3,047 shares Grant price per share: $0.0000 per share Shares held after grant: 28,364.2057 shares +2 more

5 metrics

Equity grant size 3,047 shares Common Stock grant to director on May 1, 2026

Grant price per share $0.0000 per share Compensation-related award, not open-market purchase

Shares held after grant 28,364.2057 shares Total direct holdings following the reported transaction

Restricted stock units 1,767 RSUs Units that will vest on May 1, 2027

Dividend equivalent units 22.27670 units Each economically equal to one common share

Key Terms

restricted stock units, dividend equivalent units, economic equivalent, Grant, award, or other acquisition

4 terms

restricted stock units financial

"Includes the award of 1,767 restricted stock units that will vest on May 1, 2027."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalent units financial

"Includes 22.27670 dividend equivalent units."

Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.

economic equivalent financial

"Each dividend equivalent unit is the economic equivalent of one share of Selective Insurance Group, Inc. common stock."

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

What insider transaction did SIGI director Terrence Cavanaugh report?

SIGI director Terrence W. Cavanaugh reported receiving 3,047 shares of common stock as a compensation-related equity grant. The award was recorded at zero cash cost, indicating it is a grant or award rather than an open-market purchase of Selective Insurance shares.

How many SIGI shares does Terrence Cavanaugh hold after this Form 4?

After the reported grant, Terrence W. Cavanaugh directly holds 28,364.2057 shares of Selective Insurance Group common stock. This figure includes restricted stock units and dividend equivalent units that are economically equivalent to common shares under the company’s equity compensation arrangements.

What restricted stock units were included in Terrence Cavanaugh’s SIGI award?

The reported position includes 1,767 restricted stock units that will vest on May 1, 2027. These units represent a right to receive Selective Insurance Group common shares in the future, subject to vesting conditions typically tied to continued service or similar requirements.

What are dividend equivalent units in the SIGI Form 4 filing?

The filing notes 22.27670 dividend equivalent units, each economically equal to one Selective Insurance Group common share. These units generally accrue on outstanding equity awards to mirror cash dividends, providing holders with dividend-linked value without immediately issuing additional common shares.

Was the SIGI insider transaction an open-market stock purchase?

The transaction was not an open-market stock purchase. It is coded as a grant, award, or other acquisition, with a reported price of $0.0000 per share, indicating compensation-related equity issuance to director Terrence W. Cavanaugh rather than buying shares in the public market.

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Accepted by SEC EDGAR 05/04/2026 - 04:04 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cavanaugh Terrence W

(Last) (First) (Middle)

40 WANTAGE AVENUE

(Street)

BRANCHVILLE NEW JERSEY 07890

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SELECTIVE INSURANCE GROUP INC [ SIGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/01/2026		A		3,047(1)	A	$0.0000	28,364.2057(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes the award of 1,767 restricted stock units that will vest on May 1, 2027.

2. Includes 22.27670 dividend equivalent units. Each dividend equivalent unit is the economic equivalent of one share of Selective Insurance Group, Inc. common stock.

	/s/ Terrence W. Cavanaugh	05/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)