Selective Insurance EVP acquires $108k of stock in open-market trade

Rhea-AI Filing Summary

Selective Insurance Group (SIGIP) Form 4 filing: EVP & Chief Investment Officer Joseph Eppers purchased 1,402 shares of common stock on 07/25/2025 at $76.82 per share, an outlay of roughly $108 thousand. His direct ownership increases to 12,492.431 shares. No sales or derivative transactions were reported.

The open-market buy marginally raises total insider holdings and can be read as a modest vote of confidence by a key executive, but the amount is insignificant versus the company’s multibillion-dollar market capitalization and ≈60 million share float. From a valuation or liquidity perspective, the disclosure is non-material, yet it provides a small positive sentiment signal for investors tracking insider activity.

Positive

• Insider confidence: EVP & CIO bought 1,402 shares on the open market, signalling personal conviction in future performance.

Negative

• None.

Insights

Securities Analyst

TL;DR: CIO’s $108k purchase is a mild confidence signal, immaterial to fundamentals; sentiment positive, impact limited.

The 1,402-share buy represents less than 0.01% of SIGIP’s shares outstanding and lifts the executive’s stake to roughly $960k at current prices. While insider purchases generally indicate perceived undervaluation, the dollar size is too small to alter liquidity, earnings outlook or capital structure. No derivative activity implies a straightforward cash commitment. Overall, it is a slight positive for sentiment tracking but not an event that should meaningfully change portfolio weightings.

Insider Trade Summary

Net Buyer: 1,402 shares ($107,702)

Net Buy 1 txn

Insider Eppers Joseph

Role EVP, Chief Investment Officer

Bought 1,402 shs ($108K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	1,402	$76.82	$108K

Holdings After Transaction: Common Stock — 12,492.431 shares (Direct)

Footnotes (1)

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).

1. Name and Address of Reporting Person^*

Eppers Joseph

(Last) (First) (Middle)

40 WANTAGE AVENUE

(Street)

BRANCHVILLE NJ 07890

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SELECTIVE INSURANCE GROUP INC [ SIGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Investment Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/25/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	07/25/2025		P		1,402	A	$76.82	12,492.431	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:

	/s/ Joseph O. Eppers	07/25/2025
	** 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.

FAQ

How many Selective Insurance Group (SIGIP) shares did EVP Joseph Eppers buy?

He purchased 1,402 common shares on 07/25/2025.

What price did the insider pay for SIGIP stock?

The shares were bought at $76.82 per share.

What is Joseph Eppers' total direct ownership after the transaction?

His direct holdings rose to 12,492.431 shares.

Were any derivative securities involved in this Form 4 filing?

No; the filing shows only a cash purchase of common stock.

Does the purchase materially impact SIGIP's share count or capital structure?

No; the 1,402-share buy is immaterial relative to the company’s total shares outstanding.