Nicholson Cynthia S 4

What Happened Cynthia S. Nicholson, a director of Selective Insurance Group, Inc. (SIGI), was granted 1,767 restricted stock units (RSUs) on May 1, 2026. The units were awarded at $0.00 per share (no cash paid) — recorded as an award/ acquisition — and will vest on May 1, 2027. The award includes 28.47920 dividend equivalent units (each equivalent to one share of common stock).

Key Details

• Transaction type/date: Award of RSUs on 2026-05-01 (reported on Form 4 filed 2026-05-04).
• Quantity and price: 1,767 RSUs @ $0.00 (acquired); reported value $0 at grant.
• Vesting: RSUs vest on May 1, 2027 (Footnote F1).
• Dividend equivalents: Includes 28.47920 dividend equivalent units; each equals the economic equivalent of one share (Footnote F2).
• Shares owned after transaction: Not specified in the provided filing.
• Timeliness: Form 4 was filed May 4, 2026; the filing date is provided in the report (no late‑filing flag noted in the supplied data).

Context This was a compensation award (RSUs), not an open‑market purchase or sale. RSU grants are common director/executive compensation and do not necessarily signal a personal market view. Dividend equivalent units track cash dividends' economic value and are typically paid in stock or cash when RSUs vest.