---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-114024"
form_type: "8-K/A"
ticker: "SIGI"
cik: "0000230557"
company_name: "SELECTIVE INSURANCE GROUP INC"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:48:04.929164+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Selective Insurance discloses Interim CFO Harnett's compensation: $603K base, severance 1.5x salary plus avg bonus

## Summary
- Anthony D. Harnett appointed Interim CFO effective Nov 4, 2023; base salary rises to $603,460 while serving in that role.
- 2023 ACIP target calculated as 75% x 70% of CAO base ($342,770) + 25% x 150% of Interim CFO base.
- 2024 LTIP award recommended at $365,000 target; severance equals 1.5x base plus average of recent ACIP awards.
- Employment agreement includes COBRA reimbursement for 12 months and full vesting of equity upon qualifying termination.
- Severance and change-in-control benefits subject to release and restrictive covenants (confidentiality, non-solicitation).

## SEC filing metadata
- accession: 0001104659-23-114024
- form_type: 8-K/A
- ticker: SIGI
- cik: 0000230557
- company_name: SELECTIVE INSURANCE GROUP INC
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/230557/000110465923114024/0001104659-23-114024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/230557/000110465923114024/tm2329638d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-114024
- JSON: https://secwatch.observer/filing/0001104659-23-114024.json
- Plain text: https://secwatch.observer/filing/0001104659-23-114024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.