Selective Insurance Group (SIGI) awards director 1,767 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Selective Insurance Group director Julie Parsons reported a routine equity compensation grant. She received 1,767 shares of Common Stock in the form of restricted stock units at no cash cost, classified as a grant or award acquisition.
According to the footnote, the 1,767 restricted stock units will vest on May 1, 2027. Following this award, her reported direct ownership is 1,767 shares, reflecting this new grant rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parsons Julie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,767 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,767 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units granted: 1,767 units
Vest date: May 1, 2027
Transaction price per share: $0.00 per share
+1 more
4 metrics
Restricted stock units granted
1,767 units
Grant of Common Stock RSUs reported on May 1, 2026
Vest date
May 1, 2027
Vesting date for 1,767 restricted stock units
Transaction price per share
$0.00 per share
Compensation grant, not an open-market purchase
Shares owned after transaction
1,767 shares
Total direct Common Stock holdings following the award
Key Terms
restricted stock units, grant, award, or other acquisition, Form 4
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Julie Parsons report for Selective Insurance Group (SIGI)?
Julie Parsons reported an equity compensation grant from Selective Insurance Group. She acquired 1,767 restricted stock units of Common Stock at no cash cost, classified as a grant or award acquisition rather than an open-market purchase or sale.
When do Julie Parsons’ 1,767 restricted stock units in SIGI vest?
The 1,767 restricted stock units awarded to Julie Parsons will vest on May 1, 2027. Vesting means she will gain full ownership of the underlying shares at that time, assuming continued satisfaction of any applicable service or vesting conditions.
What is Julie Parsons’ direct ownership in SIGI after this reported grant?
After this transaction, Julie Parsons is reported to directly own 1,767 shares of Selective Insurance Group Common Stock. This amount aligns with the 1,767 restricted stock units granted, showing the award as her current recorded direct position in the filing.