[Form 4] SELECTIVE INSURANCE GROUP INC Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DOHERTY ROBERT KELLY reported acquisition or exercise transactions in this Form 4 filing.
Selective Insurance Group Inc. director Robert Kelly Doherty received a compensation-related stock award. On May 1, 2026, he was granted 1,767 restricted stock units of the company’s common stock at no purchase price. These units are scheduled to vest on May 1, 2027.
After this grant, Doherty directly holds a total of 28,899.4267 common-share equivalents, which includes 22.27670 dividend equivalent units. Each dividend equivalent unit is described as economically equivalent to one share of Selective Insurance Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DOHERTY ROBERT KELLY
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,767 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,899.427 shares (Direct, null)
Footnotes (1)
- The award of 1,767 restricted stock units will vest on May 1, 2027. 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
RSU grant: 1,767 units
Vesting date: May 1, 2027
Holdings after transaction: 28,899.4267 shares
+1 more
4 metrics
RSU grant
1,767 units
Restricted stock units granted on May 1, 2026
Vesting date
May 1, 2027
Scheduled vesting of 1,767 restricted stock units
Holdings after transaction
28,899.4267 shares
Total direct common-share equivalents following the award
Dividend equivalent units
22.27670 units
Each economically equivalent to one common share
Key Terms
restricted stock units, dividend equivalent units, economic equivalent
3 terms
restricted stock units financial
"The award of 1,767 restricted stock units 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."