Selective Insurance (NASDAQ: SIGI) director granted 3,047 shares, updates direct and trust holdings

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

McCarthy Thomas A reported acquisition or exercise transactions in this Form 4 filing.

Selective Insurance Group director Thomas A. McCarthy reported an equity award and updated share holdings. He received a grant of 3,047 shares of common stock at no cost, bringing his directly held position to 5,658.8487 shares. The grant figure includes 1,767 restricted stock units scheduled to vest on May 1, 2027 and 22.27670 dividend equivalent units, each economically equivalent to one common share. In addition, 18,746 shares are reported as being held indirectly through a trust.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider McCarthy Thomas A

Role null

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

Holdings After Transaction: Common Stock — 5,658.849 shares (Direct, null); Common Stock — 18,746 shares (Indirect, By Trust)

Footnotes (1)

Includes the award of 1,767 restricted stock units that 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

Equity award: 3,047 shares Direct holdings after award: 5,658.8487 shares Indirect trust holdings: 18,746 shares +2 more

5 metrics

Equity award 3,047 shares Grant of common stock at $0.00 per share

Direct holdings after award 5,658.8487 shares Common stock held directly after acquisition

Indirect trust holdings 18,746 shares Common stock held indirectly by trust

Restricted stock units 1,767 units RSUs vesting on May 1, 2027

Dividend equivalent units 22.27670 units Each economically equivalent to one SIGI share

Key Terms

restricted stock units, dividend equivalent units, indirect ownership, 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. Each dividend equivalent unit is the economic equivalent of one share..."

indirect ownership financial

"total_shares_following_transaction 18746.0000 ... direct_or_indirect I ... nature_of_ownership By Trust"

grant, award, or other acquisition financial

"transaction_code_description Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 04:04 PM

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^*

McCarthy Thomas A

(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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/01/2026		A		3,047⁽¹⁾	A	$0.0000	5,658.8487⁽²⁾	D
Common Stock								18,746	I	By Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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/ Thomas A. McCarthy	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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Thomas A. McCarthy report in this SIGI Form 4 filing?

Thomas A. McCarthy reported an equity award of 3,047 shares of Selective Insurance Group common stock. This award increased his directly held position to 5,658.8487 shares, alongside 18,746 additional shares held indirectly through a trust associated with him.

How many SIGI shares did Thomas A. McCarthy acquire through the latest award?

He acquired 3,047 shares of Selective Insurance Group common stock at a price of $0.00 per share. This award consists of restricted stock units and dividend equivalent units, and it increased his total directly held ownership reported in the filing.

What are the vesting terms of Thomas A. McCarthy’s SIGI restricted stock units?

The award includes 1,767 restricted stock units that will vest on May 1, 2027. Vesting means these units convert into common shares at that date, subject to any applicable terms and conditions described in the underlying award agreement.

What are dividend equivalent units in the SIGI Form 4 for Thomas A. McCarthy?

The filing notes 22.27670 dividend equivalent units, each economically equivalent to one share of Selective Insurance Group common stock. These units track the value of dividends on underlying awards, effectively mirroring the economic exposure of owning an equivalent number of common shares.

How many SIGI shares does Thomas A. McCarthy hold directly and indirectly after this transaction?

After the award, he holds 5,658.8487 shares of Selective Insurance Group common stock directly. Separately, 18,746 shares are reported as held indirectly by a trust, which is indicated as his form of indirect ownership in the filing.

Was Thomas A. McCarthy’s SIGI equity award an open-market purchase?

No, the filing classifies the transaction under code A, meaning a grant, award, or other acquisition. The 3,047 shares were awarded at a price of $0.00 per share, indicating a compensation-related grant rather than an open-market stock purchase.