Brophy Charles Joseph III 4
4 · SAFETY INSURANCE GROUP INC · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
SAFETY INSURANCE (SAFT) Director Brophy Receives 1,083-Share Award
What Happened
Charles Joseph Brophy III, a director of SAFETY INSURANCE GROUP INC (SAFT), was granted 1,083 shares as a restricted stock award effective February 25, 2026. The Form 4 records the acquisition as 1,083 shares at $0.00 per share (total reported value $0), coded as an award/grant (transaction code A). This is a compensatory grant rather than a market purchase or sale.
Key Details
- Transaction date: February 25, 2026; recorded on Form 4 filed March 2, 2026.
- Price reported: $0.00 per share; total reported consideration $0 (restricted stock award).
- Shares owned after transaction: Not specified in the filing.
- Footnote: The grant "represents restricted stock award effective February 25, 2026."
- Timeliness: Form 4 was filed March 2, 2026 — several days after the transaction and likely beyond the standard 2-business-day filing window, which can reduce near-term disclosure timeliness.
Context
Restricted stock awards are commonly used as compensation or long-term incentive for directors and typically vest over time; they are not an immediate market purchase and do not by themselves indicate a buy/sell sentiment. Such awards may be taxable when vested or when restrictions lapse. Because the filing does not show post-grant holdings or vesting terms, investors should treat this as routine executive compensation disclosure rather than a direct market signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-25+1,083→ 12,083 total
Footnotes (1)
- [F1]Represents restricted stock award effective February 25, 2026