Director Cynthia S. Nicholson filed a Form 144 notice of proposed sale of 3,691 shares of Selective Insurance Group Inc. common stock on October 26, 2026, via Merrill Lynch on NASDAQ.

Key Highlights

  • Proposed seller: Cynthia S. Nicholson, a director of Selective Insurance Group Inc.
  • Shares proposed for sale: 3,691 shares of common stock with an aggregate market value of $364,342.13, according to the filing.
  • Shares outstanding: 58,996,229 shares of common stock were reported outstanding at the time of notice.
  • Approximate date of sale: October 26, 2026, through broker Merrill Lynch, 225 Liberty Street, Floor 37, New York, NY 10281.
  • Source of shares: The shares were acquired through vesting of restricted stock unit awards granted as part of director compensation on three separate dates: 1,078 shares on May 5, 2024; 1,159 shares on May 3, 2025; and 1,454 shares on May 2, 2026.
  • No sales in prior 3 months: The filing reports nothing to report for securities sold during the past three months.

Selective Insurance Director Files Rule 144 Notice for Proposed Stock Sale

According to the Form 144 filed with the U.S. Securities and Exchange Commission, Cynthia S. Nicholson, identified as a director of Selective Insurance Group Inc. (NASDAQ:SIGI), provided notice of a proposed sale of 3,691 shares of the company's common stock. The aggregate market value of the proposed sale was listed as $364,342.13. The filing names Merrill Lynch as the broker for the transaction and identifies NASDAQ as the securities exchange.

The filing discloses that the shares slated for sale were acquired in three separate lots, all through vesting of restricted stock unit awards granted as part of director compensation. The first lot of 1,078 shares vested on May 5, 2024; the second lot of 1,159 shares vested on May 3, 2025; and the third lot of 1,454 shares vested on May 2, 2026, all acquired from Selective Insurance Group Inc. The combined total of these three lots equals the 3,691 shares proposed for sale.

The filing further indicates that no securities of the issuer were sold by Nicholson in the three months preceding the notice date of October 26, 2026. The issuer's address is listed as 40 Wantage Avenue, Branchville, New Jersey 07890, and the SEC file number for Selective Insurance Group Inc. is 001-33067.

What Was Disclosed

Director Cynthia S. Nicholson filed a Form 144 notice dated October 26, 2026, disclosing a proposed sale of 3,691 Selective Insurance Group common shares, valued at $364,342.13, acquired through vested restricted stock unit awards granted as director compensation across three vesting dates.