Bacus Lisa R 4

What Happened
Lisa R. Bacus, a director of Selective Insurance Group, Inc. (SIGI), received an award of 1,767 restricted stock units (RSUs) on May 1, 2026. The Form 4 reports an acquisition at $0.00 (grant); the filing does not state a cash value. The RSUs will vest on May 1, 2027.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-04 (appears timely under the two-business-day rule).
• Transaction type/code: A = Award/Grant of restricted stock units.
• Shares/units granted: 1,767 RSUs (includes 7.47140 dividend equivalent units).
• Price reported: $0.00 (typical for grants; not a market purchase).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — award vests 2027-05-01. F2 — includes 7.47140 dividend equivalent units; each DEU equals the economic equivalent of one share.

Context
RSU grants are a common form of executive/director compensation and generally do not involve an immediate cash outlay or sale of stock. Vesting (here, one year) determines when the recipient can actually receive or sell shares. Dividend equivalent units accrue the economic benefit of dividends but are paid as additional units or cash per the plan; they do not change the nature of the award. This grant is a compensation event rather than a buy or sell signal.