SELECTIVE INSURANCE GROUP INC·4

Feb 10, 4:08 PM ET

Eppers Joseph 4

Research Summary

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Selective Insurance (SIGI) EVP Joseph Eppers Receives Award; 938 Shares Withheld

What Happened
Joseph Eppers, EVP and Chief Investment Officer of Selective Insurance Group, received an award of 2,711 shares (reported as acquired at $0.00) on 2026-02-06. To cover tax obligations related to the award, 938 shares were surrendered/withheld (transaction code F) at $90.10 per share, totaling $84,514. The award includes 122 dividend equivalent units (see footnote).

Key Details

  • Transaction date: 2026-02-06 (filed 2026-02-10). Filing appears timely under the SEC two-business-day rule.
  • Award: 2,711 shares reported as acquired at $0.00 (grant/award).
  • Tax withholding/disposition: 938 shares disposed at $90.10 each for $84,514 (code F).
  • Footnote: Includes 122 dividend equivalent units, each equivalent economically to one share.
  • Shares owned after transaction: not specified in the provided filing.

Context
This was an equity award (not an open-market purchase or a sale for investment reasons). The withholding of 938 shares is a common practice to satisfy tax withholding when awards vest (company retains/surrenders shares rather than paying cash). Such awards are routine compensation and do not by themselves indicate a buy or sell signal.