Moran Mary Coffey 4
Research Summary
AI-generated summary
Safety Insurance (SAFT) Director Mary Moran Coffey Receives 1,083 Shares
What Happened Mary Moran Coffey, a director of Safety Insurance Group, received a restricted stock award of 1,083 shares effective February 25, 2026. The shares were granted at an acquisition price of $0.00 (total reported value $0.00). This was an award/compensation grant (Form 4 transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: February 25, 2026; Grant type: restricted stock award (footnote: "Represents restricted stock award effective February 25, 2026").
- Price paid: $0.00 per share; Total reported value: $0.00.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing date: March 2, 2026 — posted five days after the transaction (later than the typical two-business-day Form 4 deadline).
- Transaction code: A (award/grant).
Context Restricted stock awards are typically compensation and often subject to vesting and transfer restrictions; they do not necessarily indicate the director is making a market purchase or expressing a short-term bullish view. Because this is a grant to a director (not a 10% owner purchase or a sale), treat it primarily as compensation-related disclosure rather than trading activity.