SAFETY INSURANCE GROUP INC·4

Mar 2, 9:57 AM ET

Farina John Daniel Jr. 4

Research Summary

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Updated

Safety Insurance (SAFT) Director John Farina Receives Award

What Happened
John Daniel Farina Jr., a director of Safety Insurance Group, received a restricted stock award of 1,083 shares effective February 25, 2026. The Form 4 reports the acquisition as 1,083 shares at $0.00 per share (aggregate reported value $0), reflecting a grant of restricted stock rather than an open-market purchase.

Key Details

  • Transaction date: 2026-02-25 (restricted stock award, Code A)
  • Reported price: $0.00 per share — aggregate reported value $0
  • Filing date: 2026-03-02 (filed after the transaction) — appears late relative to the standard 2-business-day Form 4 deadline
  • Shares owned after transaction: Not specified in the provided filing
  • Footnote: F1 — "Represents restricted stock award effective February 25, 2026"

Context
Restricted stock awards are typically compensation subject to vesting and transfer restrictions. They reflect a grant to the insider and are not the same as an open-market purchase or a sale; such awards are routine compensation actions and don’t by themselves indicate imminent buying or selling. The filing shows a grant to a director, not a 10% owner.