The estimated Net Worth of Gregory E Murphy is at least $43.2 Million dollars as of 16 February 2022. Mr. Murphy owns over 10,000 units of Selective Insurance stock worth over $15,349,178 and over the last 21 years he sold SIGI stock worth over $19,886,263. In addition, he makes $7,945,260 as Executive Chairman of the Board at Selective Insurance.
Gregory has made over 45 trades of the Selective Insurance stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of SIGI stock worth $775,900 on 16 February 2022.
The largest trade he's ever made was selling 45,622 units of Selective Insurance stock on 7 December 2012 worth over $875,486. On average, Gregory trades about 5,200 units every 66 days since 2003. As of 16 February 2022 he still owns at least 175,319 units of Selective Insurance stock.
You can see the complete history of Mr. Murphy stock trades at the bottom of the page.
Gregory E. Murphy serves as Executive Chairman of the Board of the Company. He is no longer Chief Executive Officer of Selective Insurance Group, Inc. Mr. Murphy is the director most knowledgeable about our operations, having served as Chief Executive Officer for 19 years and having worked at Selective for 39 years. We consider his service on the Board extremely valuable to informed business and strategic decision-making. He has broad experience and knowledge in the areas of reinsurance, insurance pricing, and industry fundamentals. Mr. Murphy has extensive contacts in the insurance industry and serves as a director of several important industry groups. He served as our Chief Financial Officer before assuming other leadership positions and is very knowledgeable on financial and investment matters.
As the Executive Chairman of the Board of Selective Insurance, the total compensation of Gregory Murphy at Selective Insurance is $7,945,260. There are no executives at Selective Insurance getting paid more.
Gregory Murphy is 64, he's been the Executive Chairman of the Board of Selective Insurance since 2020. There are 6 older and 14 younger executives at Selective Insurance. The oldest executive at Selective Insurance Group Inc. is William Rue, 72, who is the Non-Independent Director.
Over the last 21 years, insiders at Selective Insurance have traded over $60,375,738 worth of Selective Insurance stock and bought 79,651 units worth $3,087,740 . The most active insiders traders include Gregory E Murphy, Dale A Thatcher, and William M Rue. On average, Selective Insurance executives and independent directors trade stock every 29 days with the average trade being worth of $699,087. The most recent stock trade was executed by Terrence W Cavanaugh on 23 July 2024, trading 2,000 units of SIGI stock currently worth $171,700.
selective works together with our independent agency partners to create and deliver business and personal insurance solutions that best fit customers’ needs. providing insurance since 1926, selective has built a reputation with agents and customers for trust, integrity and service excellence, backed by an “a” (excellent) or better rating from insurance rating organization a.m. best co. since 1930. our customers can trust selective to be there when they need us because we know response is everything.® because time is crucial and communication is vital, selective empowers its employees to make timely decisions using robust technology tools, risk expertise and 24/7 claims service. a clear vision and strong commitment to values has been critical to selective’s success over time. “so valuable is the human element that i will not let this company lose the human touch which has been largely responsible for its success.” d.l.b. smith, founder
Selective Insurance executives and other stock owners filed with the SEC include: