Selective Insurance (SIGI) director awarded 1,767 restricted stock units vesting 2027

Rhea-AI Filing Summary

SCHEID JOHN STEPHEN reported acquisition or exercise transactions in this Form 4 filing.

Selective Insurance Group director John Stephen Scheid received a grant of 1,767 restricted stock units of Common Stock as compensation. The award will vest on May 1, 2027. After this award, he holds a total of 31,831.6168 common shares and units directly, including 28.47920 dividend equivalent units that track the value of one common share each.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SCHEID JOHN STEPHEN

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,767	$0.00	--

Holdings After Transaction: Common Stock — 31,831.617 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.

Key Figures

RSU grant: 1,767 units Grant price: $0.00 per share Post-grant holdings: 31,831.6168 shares/units +2 more

5 metrics

RSU grant 1,767 units Restricted stock units granted on May 1, 2026

Grant price $0.00 per share Non-cash equity award

Post-grant holdings 31,831.6168 shares/units Total direct holding after transaction

Dividend equivalent units 28.47920 units Each equal to one common share economically

Vesting date May 1, 2027 RSU award vesting date

Key Terms

restricted stock units, dividend equivalent units, Form 4, Grant, award, or other acquisition

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. Each dividend equivalent unit is the economic equivalent of one share..."

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.

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.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

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^*

SCHEID JOHN STEPHEN

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/01/2026		A		1,767(1)	A	$0.0000	31,831.6168(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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/ John S. Scheid	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)

FAQ

What did SIGI director John Stephen Scheid report in this Form 4 filing?

John Stephen Scheid reported receiving 1,767 restricted stock units of Selective Insurance Group common stock as a compensation award. These units increase his direct holdings to 31,831.6168 shares and units, reflecting an additional equity-based incentive aligned with shareholder interests.

When do John Stephen Scheid’s new SIGI restricted stock units vest?

The 1,767 restricted stock units granted to John Stephen Scheid will vest on May 1, 2027. Vesting means the units convert into common shares over time, encouraging longer-term alignment with the company’s performance and Scheid’s continued service as a director.

How many SIGI shares and units does John Stephen Scheid hold after this grant?

Following the grant, John Stephen Scheid directly holds 31,831.6168 shares and units of Selective Insurance Group common stock. This total includes the newly granted restricted stock units and 28.47920 dividend equivalent units that mirror the economic value of one common share each.

What are dividend equivalent units in the context of SIGI’s Form 4 filing?

Dividend equivalent units are awards that track the value of a company’s common stock, including dividends. Scheid’s holdings include 28.47920 dividend equivalent units, each economically equivalent to one share of Selective Insurance Group common stock, adding to his overall equity-based compensation position.

Is the SIGI Form 4 transaction an open-market purchase or a compensation grant?

The Form 4 transaction is a compensation-related grant, not an open-market purchase. It is coded as an “A” transaction, meaning a grant or award acquisition of 1,767 restricted stock units at a reported price of $0.00 per share, reflecting non-cash equity compensation.