4Filed Jul 28, 8:00 PM ET
Selective Insurance (SIGI) EVP Michael Lanza Sells 17,100 Shares
$SIGI · SELECTIVE INSURANCE GROUP INCResearch Summary
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Selective Insurance (SIGI) EVP Michael Lanza Sells 17,100 Shares
What Happened
- Michael H. Lanza, EVP and General Counsel of Selective Insurance Group, reported two dispositions on 2026-07-28: an open-market sale of 17,100 shares at a weighted-average price of $94.04 (total proceeds $1,608,156) and a gift of 1,100 shares (disposition value $0).
- The sale was reported on Form 4 filed 2026-07-29. The weighted-average sale price is $94.04; the filing notes individual sale prices ranged from $93.85 to $94.26 (see footnote F1).
Key Details
- Transaction date: 2026-07-28; Form 4 filed: 2026-07-29 (appears timely).
- Sale: 17,100 shares disposed, weighted-average price $94.04, proceeds $1,608,156.
- Gift: 1,100 shares transferred as a gift (disposition reported at $0).
- Footnote F1: weighted-average sale price disclosed; highest sale $94.26, lowest $93.85. The reporting person offers to provide the number of shares sold at each separate price upon request.
- Shares owned after transaction: not specified in this filing.
Context
- Sales are often routine or for personal liquidity; gifts are non-market transfers and do not necessarily reflect sentiment about the company. This filing shows net selling (disposition) by an executive on the date reported.