SAFETY INSURANCE GROUP (SAFT) director receives 1,083-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brophy Charles Joseph III reported acquisition or exercise transactions in this Form 4 filing.
SAFETY INSURANCE GROUP INC director Charles Joseph Brophy III received a grant of restricted common stock. He was awarded 1,083 shares effective February 25, 2026, at a stated price of $0.00 per share, increasing his directly held common stock to 12,083 shares after the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Brophy Charles Joseph III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,083 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,083 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did SAFT report for Charles Joseph Brophy III?
SAFT reported that director Charles Joseph Brophy III received a grant of 1,083 shares of restricted common stock. The award was effective February 25, 2026, and increased his directly held common stock position to 12,083 shares following the transaction.
Was the SAFT insider stock award to Charles Joseph Brophy III a purchase or a grant?
The transaction was a grant of restricted stock, not an open-market purchase. It is coded as a grant or award acquisition, providing 1,083 common shares effective February 25, 2026, at a stated price of $0.00 per share to the director.
What does the Form 4 footnote reveal about the SAFT restricted stock award?
The footnote explains that the 1,083-share transaction represents a restricted stock award effective February 25, 2026. This clarifies the shares were granted as compensation rather than purchased, and helps investors understand the nature of the director’s newly acquired common stock.
What transaction code was used for the SAFT insider grant to Charles Joseph Brophy III?
The transaction is identified with code “A,” indicating a grant, award, or other acquisition. This code confirms the 1,083 SAFT common shares were issued to the director as a restricted stock award rather than acquired through a market transaction.