SAFT 10% Owner SRB/PRC Sells 1,240,352 Shares

What Happened
SRB Corporation (a direct, wholly‑owned subsidiary of The Plymouth Rock Company Incorporated, a 10% owner) and PRC jointly reported sales totaling 1,240,352 shares of Safety Insurance Group, Inc. (SAFT) on July 27, 2026. The filing shows two dispositions: 466,175 shares at $103.09 each ($48,056,349) and 774,177 shares at $103.05 each ($79,780,875), for combined proceeds of approximately $127.8 million. These were reported as open-market or private sales (transaction code S).

Key Details

• Transaction date: 2026-07-27 (reported on Form 4 filed 2026-07-28 — timely filing).
• Prices and amounts: 466,175 @ $103.09 = $48,056,349; 774,177 @ $103.05 = $79,780,875; total = ~$127,837,224.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnotes: joint filing by SRB and PRC; SRB is an investment manager and PRC is the parent. Both disclaim beneficial ownership of the reported shares except to the extent of any pecuniary interest; several PRC subsidiaries and managed entities hold smaller aggregates disclosed in the footnotes.
• Transaction code: S (sale). No 10b5‑1 plan or tax‑withholding note stated in the excerpt.

Context
This filing reflects institutional-level selling by a 10% owner/related entities, not an individual executive. Sales by large shareholders can reflect portfolio rebalancing or other institutional needs; they are not direct indicators of company operational performance. Retail investors should note the distinction between routine institutional dispositions and insider buying, which often attracts more attention as a positive signal.