Amendment: SEC Form SC 13G/A filed by Selective Insurance Group Inc.

11/12/24 10:34:15 AM ET

Property-Casualty Insurers

Finance

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SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.1 SELECTIVE INSURANCE GROUP INC COMMON STOCK Cusip #816300107 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #816300107 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 5,465,159 Item 6: 0 Item 7: 5,468,800 Item 8: 0 Item 9: 5,468,800 Item 11: 8.989% Item 12: HC Cusip #816300107 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 5,468,800 Item 8: 0 Item 9: 5,468,800 Item 11: 8.989% Item 12: IN Item 1(a). Name of Issuer: SELECTIVE INSURANCE GROUP INC Item 1(b). Address of Issuer's Principal Executive Offices: 40 WANTAGE AVENUE BRANCHVILLE, NJ 07890 US Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: 816300107 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 5,468,800 (b) Percent of Class: 8.989% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 5,468,800 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of SELECTIVE INSURANCE GROUP INC. No one other person's interest in the COMMON STOCK of SELECTIVE INSURANCE GROUP INC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. November 8, 2024 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification FIAM LLC IA Fidelity Diversifying Solutions LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC * IA Fidelity Management Trust Company BK Strategic Advisers LLC IA * Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G. Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on November 8, 2024, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of SELECTIVE INSURANCE GROUP INC at September 30, 2024. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

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Date	Price Target	Rating	Analyst
11/25/2025	$95.00	Outperform	RBC Capital Mkts
10/28/2025	$81.00	Outperform → Market Perform	BMO Capital Markets
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Amendment: SEC Form SC 13G/A filed by Selective Insurance Group Inc.

11/12/24 10:34:15 AM ET

$SIGI

Property-Casualty Insurers

Finance

Get the next $SIGI alert in real time by email

Recent Analyst Ratings for

$SIGI

Date	Price Target	Rating	Analyst
11/25/2025	$95.00	Outperform	RBC Capital Mkts
10/28/2025	$81.00	Outperform → Market Perform	BMO Capital Markets
8/5/2025	$72.00	Equal-Weight → Underweight	Morgan Stanley
2/7/2025	$116.00 → $93.00	Outperform → Mkt Perform	Keefe Bruyette
12/5/2024	$105.00	Equal-Weight	Morgan Stanley
10/30/2024	$95.00 → $105.00	Market Perform → Outperform	BMO Capital Markets
7/22/2024	$104.00 → $99.00	Mkt Perform → Outperform	Keefe Bruyette
11/16/2023	$120.00	Outperform	Oppenheimer

More analyst ratings

Amendment: SEC Form SC 13G/A filed by Selective Insurance Group Inc.

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Amendment: SEC Form SC 13G/A filed by Selective Insurance Group Inc.

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Recent Analyst Ratings for
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Analyst Ratings

RBC Capital Mkts resumed coverage on Selective Insurance with a new price target

Selective Insurance downgraded by BMO Capital Markets with a new price target

Selective Insurance downgraded by Morgan Stanley with a new price target

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Insider Purchases

Director Bacus Lisa R bought $50,886 worth of shares (600 units at $84.81), increasing direct ownership by 10% to 6,778 units (SEC Form 4)

EVP, Chief Financial Officer Brennan Patrick Sean bought $205,659 worth of shares (2,700 units at $76.17), increasing direct ownership by 18% to 17,948 units (SEC Form 4)

Director Doherty Robert Kelly bought $115,500 worth of shares (1,500 units at $77.00), increasing direct ownership by 6% to 27,110 units (SEC Form 4)

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Insider Trading

Director Bacus Lisa R bought $50,886 worth of shares (600 units at $84.81), increasing direct ownership by 10% to 6,778 units (SEC Form 4)

SVP, Chief Accounting Officer Harnett Anthony D. sold $81,473 worth of shares (955 units at $85.31), decreasing direct ownership by 6% to 15,205 units (SEC Form 4)

President and CEO Marchioni John J. gifted 15,089 shares and received a gift of 15,089 shares, closing all direct ownership in the company (SEC Form 4)

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Press Releases

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SEC Filings

Selective to Speak at the Bank of America Securities 2026 Financial Services Conference

Selective Reports Fourth Quarter and Year-End 2025 Results

Selective Insurance Schedules Earnings Release and Conference Call to Announce Fourth Quarter 2025 Results

Selective Insurance Group Inc. filed SEC Form 8-K: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Financial Statements and Exhibits

Selective Insurance Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

Selective Insurance Group Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

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Financials

Selective Reports Fourth Quarter and Year-End 2025 Results

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Selective Appoints Julie Parsons as Independent Director

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