SCHEID JOHN STEPHEN 4
4 · SELECTIVE INSURANCE GROUP INC · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Selective Insurance (SIGI) Director John Scheid Receives Award
What Happened John Scheid, a director of Selective Insurance Group, Inc. (SIGI), was granted 1,767 restricted stock units (RSUs) on May 1, 2026. The Form 4 reports an acquisition at $0.00 per unit (award/grant), with a reported aggregate dollar amount of $0. These RSUs are compensation awards, not an open-market purchase.
Key Details
- Transaction date: May 1, 2026; Form 4 filed May 4, 2026 (filed within the required reporting window).
- Award: 1,767 restricted stock units; reported price $0.00 (award/grant).
- Vesting: The RSUs will vest on May 1, 2027 (Footnote F1).
- Dividend equivalents: The grant includes 28.47920 dividend equivalent units; each DEU equals the economic equivalent of one share (Footnote F2).
- Shares owned after transaction: Not specified in the provided filing details.
Context RSU grants are a common form of executive/director compensation intended to align long-term incentives with shareholders; they are not the same as a cash purchase or sale. The economic value of these units will depend on SIGI’s stock price when they vest. This filing appears to be a routine, timely-reported compensation award rather than a signal of buying or selling.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-05-01+1,767→ 31,831.617 total
Footnotes (2)
- [F1]The award of 1,767 restricted stock units will vest on May 1, 2027.
- [F2]Includes 28.47920 dividend equivalent units. Each dividend equivalent unit is the economic equivalent of one share of Selective Insurance Group, Inc. common stock.