STOCK TITAN

Selective Insurance Group (SIGI) director awarded 1,767 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Selective Insurance Group Inc. director Ainar D. Aijala Jr. reported receiving a grant of 1,767 restricted stock units of common stock. The award will vest on May 1, 2027. Following this compensation-related acquisition, he holds a total of 11,065.1324 common shares, including 28.47920 dividend equivalent units, each economically equal to one share.

Positive

  • None.

Negative

  • None.
Insider Aijala Ainar D JR
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,767 $0.00 --
Holdings After Transaction: Common Stock — 11,065.132 shares (Direct, null)
Footnotes (1)
  1. The award of 1,767 restricted stock units will vest on May 1, 2027. Includes 28.47920 dividend equivalent units. Each dividend equivalent unit is the economic equivalent of one share of Selective Insurance Group, Inc. common stock.
Restricted stock units granted 1,767 units Grant of common stock units on May 1, 2026
Grant price per unit $0.00 per share Compensation-related award, not open-market purchase
Total shares after grant 11,065.1324 shares Direct holdings following the reported transaction
Dividend equivalent units 28.47920 units Each unit economically equivalent to one SIGI share
Vesting date May 1, 2027 Restricted stock units vest on this date
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 28.47920 dividend equivalent units. Each dividend equivalent unit is the economic equivalent of one share"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED 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*
Aijala Ainar D JR

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/01/2026A1,767(1)A$0.000011,065.1324(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The award of 1,767 restricted stock units will vest on May 1, 2027.
2. Includes 28.47920 dividend equivalent units. Each dividend equivalent unit is the economic equivalent of one share of Selective Insurance Group, Inc. common stock.
/s/ Ainar D. Aijala Jr.05/04/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did SIGI director Ainar D. Aijala Jr. report?

Director Ainar D. Aijala Jr. reported receiving 1,767 restricted stock units of Selective Insurance Group common stock. This was a compensation-related grant at no purchase price, not an open-market share purchase or sale, and increased his directly held position in the company.

When do the newly granted SIGI restricted stock units vest?

The 1,767 restricted stock units granted to director Ainar D. Aijala Jr. will vest on May 1, 2027. Vesting means the units convert into common shares at that time, subject to any applicable service or other conditions attached to the award.

How many SIGI shares does the reporting person hold after this Form 4 transaction?

After the restricted stock unit grant, Ainar D. Aijala Jr. holds 11,065.1324 shares of Selective Insurance Group common stock. This total includes common shares and 28.47920 dividend equivalent units, all reported as directly owned in this Form 4 filing.

Were any SIGI shares bought or sold on the open market in this Form 4?

No open-market purchases or sales are reported. The Form 4 shows a grant of 1,767 restricted stock units at a price of $0.00 per share as compensation, classified as a grant, award, or other acquisition rather than a market trade.

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

Dividend equivalent units mirror the economic value of dividends on underlying shares. The filing notes 28.47920 dividend equivalent units, each economically equivalent to one share of Selective Insurance Group common stock, and they are included in the director’s reported direct holdings total.