Bacus Lisa R 4
Research Summary
AI-generated summary
Selective Insurance Group (SIGI) Director Lisa Bacus Buys 600 Shares
What Happened Lisa R. Bacus, a director of Selective Insurance Group, acquired 600 shares of SIGI common stock on February 2, 2026, in an open-market purchase. The shares were bought at $84.81 each for a total reported cost of $50,886. This filing reports a purchase (buy), which is generally viewed as a more informative insider action than routine sales.
Key Details
- Transaction date: 2026-02-02; Filing date: 2026-02-03 (filed the next business day).
- Transaction type: Purchase (code P) — open-market/private purchase.
- Shares acquired: 600 at $84.81 per share; total reported value $50,886.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Includes 21.00780 dividend equivalent units (DEUs). Each DEU is the economic equivalent of one share of Selective Insurance Group common stock.
- Timeliness: Filing appears timely based on the dates reported.
Context This was a straightforward open-market purchase by a company director (not an option exercise or gift). Purchases by insiders can be interpreted by investors as a sign of confidence, though they should be considered alongside other information about the company and insider ownership.