Selective Insurance Group (SIGI) director granted 1,767 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Selective Insurance Group director Kate Sampson received an equity award in the form of restricted stock units. On May 1, 2026, she acquired 1,767 RSUs of common stock at no purchase price, as a grant. These RSUs are scheduled to vest on May 1, 2027.
After this award, her direct holdings increased to 3,221.4792 shares-equivalent, which the disclosure notes includes 28.47920 dividend equivalent units, each economically equal to one share of Selective Insurance Group common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sampson Kate
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,767 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,221.479 shares (Direct, null)
Footnotes (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.
Key Figures
RSUs granted: 1,767 restricted stock units
Vesting date: May 1, 2027
Holdings after award: 3,221.4792 shares-equivalent
+1 more
4 metrics
RSUs granted
1,767 restricted stock units
Equity award granted on May 1, 2026
Vesting date
May 1, 2027
Scheduled vesting of 1,767 restricted stock units
Holdings after award
3,221.4792 shares-equivalent
Total direct position following the transaction
Dividend equivalent units
28.47920 units
Each unit economically equals one SIGI common share
Key Terms
restricted stock units, dividend equivalent units, Common Stock, Form 4
4 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 28.47920 dividend equivalent units."
Common Stock financial
"Each dividend equivalent unit is the economic equivalent of one share of Selective Insurance Group, Inc. common stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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 Selective Insurance Group (SIGI) disclose for Kate Sampson?
Selective Insurance Group reported that director Kate Sampson received a grant of 1,767 restricted stock units of common stock on May 1, 2026. The award was compensation-based, carried no purchase price, and increased her total direct equity-based holdings reported in this filing.
When do Kate Sampson’s 1,767 restricted stock units in SIGI vest?
The 1,767 restricted stock units granted to director Kate Sampson are scheduled to vest on May 1, 2027. Vesting means they convert into shares of common stock, subject to the award’s terms and continued service or other conditions described in the underlying equity plan.
What are dividend equivalent units mentioned in the SIGI filing for Kate Sampson?
Dividend equivalent units are awards that mirror the value of dividends on underlying shares. In this filing, 28.47920 dividend equivalent units are reported, each economically equivalent to one share of Selective Insurance Group common stock, and included within Kate Sampson’s total reported holdings.