Harnett Anthony D. 4
Research Summary
AI-generated summary
Selective Insurance (SIGI) SVP Anthony D. Harnett Sells Shares
What Happened
Anthony D. Harnett, SVP and Chief Accounting Officer of Selective Insurance Group, Inc. (SIGI), sold 955 shares of SIGI common stock in an open-market sale on 2026-02-02. The weighted average sale price was $85.31 for total proceeds of $81,473. The filing notes the highest sale price was $85.37 and the lowest was $85.2955.
Key Details
- Transaction type: Open-market sale (Code S) on 2026-02-02.
- Quantity and price: 955 shares; weighted average $85.31; proceeds $81,473. Highest price $85.37; lowest $85.2955 (per footnote).
- Shares owned after the transaction: Not specified in the reporting excerpt.
- Footnotes: F1 explains the weighted-average and price range and offers to provide a per-price breakdown on request. F2 notes holdings include 213.892306 shares acquired through the company’s Employee Stock Purchase Plan (dividend equivalent units are treated as economic equivalents of shares).
- Filing timeliness: Report filed 2026-02-03 (one day after the trade), which appears timely under standard Form 4 rules.
- No 10b5-1 plan, tax-withholding, or other special codes were disclosed in the provided details.
Context
This was a straightforward open-market sale — common insider selling can be routine (e.g., diversification, tax needs) and does not by itself indicate management’s view of the company. Purchases tend to be more meaningful as positive signals; this small-sale size (~$81K) is relatively modest for an officer-level transaction.