John J Marchioni, President and CEO at Selective Insurance Gr (NASDAQ:SIGI), reported a large insider sell on November 13, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Marchioni sold 20,906 shares of Selective Insurance Gr. The total transaction amounted to $2,132,621.
Selective Insurance Gr shares are trading down 0.0% at $102.07 at the time of this writing on Monday morning.
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The Importance of Insider Transactions
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