Stephen A. Varga - 25 Feb 2025 Form 4 Insider Report for SAFETY INSURANCE GROUP INC (SAFT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Mar 2025, 13:32:51 UTC
Prior SEC filing
07 Mar 2024
Next SEC filing
03 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Stephen A. Varga

Key filing fact

Stephen A. Varga filed Form 4 for SAFETY INSURANCE GROUP INC (SAFT) on 04 Mar 2025.

Key facts

  • This page summarizes Stephen A. Varga's Form 4 filing for SAFETY INSURANCE GROUP INC (SAFT).
  • 10 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 04 Mar 2025, 13:32.

Change

  • Previous filing in this sequence was filed on 07 Mar 2024.
  • Current net transaction value: -$158,978.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SAFT transaction

Common Stock

Other

Transaction value
$0
Shares
-1,429
Change %
-5%
Price
$0.000000
Shares after
27,036
Date
25 Feb 2025
Ownership
Direct
Footnotes
F1
SAFT transaction

Common Stock

Award

Transaction value
$0
Shares
+2,259
Change %
+8.4%
Price
$0.000000
Shares after
29,295
Date
25 Feb 2025
Ownership
Direct
Footnotes
F2
SAFT transaction

Common Stock

Award

Transaction value
$0
Shares
+2,648
Change %
+9%
Price
$0.000000
Shares after
31,943
Date
25 Feb 2025
Ownership
Direct
Footnotes
F3
SAFT transaction

Common Stock

Tax liability

Transaction value
$155
Shares
-2
Change %
-0.01%
Price
$77.48
Shares after
31,941
Date
25 Feb 2025
Ownership
Direct
Footnotes
F4, F5
SAFT transaction

Common Stock

Tax liability

Transaction value
$8,950
Shares
-114
Change %
-0.36%
Price
$78.51
Shares after
31,827
Date
25 Feb 2025
Ownership
Direct
Footnotes
F4, F5, F6
SAFT transaction

Common Stock

Tax liability

Transaction value
$69,484
Shares
-875
Change %
-2.7%
Price
$79.41
Shares after
30,952
Date
25 Feb 2025
Ownership
Direct
Footnotes
F4, F5, F7
SAFT transaction

Common Stock

Tax liability

Transaction value
$7,521
Shares
-100
Change %
-0.32%
Price
$75.21
Shares after
30,852
Date
27 Feb 2025
Ownership
Direct
Footnotes
F4, F5
SAFT transaction

Common Stock

Tax liability

Transaction value
$37,287
Shares
-491
Change %
-1.6%
Price
$75.94
Shares after
30,361
Date
27 Feb 2025
Ownership
Direct
Footnotes
F4, F5, F8
SAFT transaction

Common Stock

Tax liability

Transaction value
$18,850
Shares
-250
Change %
-0.82%
Price
$75.40
Shares after
30,111
Date
28 Feb 2025
Ownership
Direct
Footnotes
F4, F5, F9
SAFT transaction

Common Stock

Tax liability

Transaction value
$16,732
Shares
-219
Change %
-0.73%
Price
$76.40
Shares after
29,892
Date
28 Feb 2025
Ownership
Direct
Footnotes
F4, F5, F10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 10 footnotes

Footnote F1

Represents the difference between performance shares, with a three year performance period, that were granted on February 23, 2022 and actual shares earned at the end of the performance period on December 31, 2024. Final shares were approved by the Compensation Committee on February 25, 2025.

Footnote F2

Represents restricted stock awards effective February 25, 2025, with respect to which sale or transfer rights shall vest over three years with installments of 30% on February 25, 2026, 30% on February 25, 2027, and the remaining 40% on February 25, 2028, provided the grantee meets certain employment conditions.

Footnote F3

Represents restricted stock awards granted effective February 25, 2025 with respect to which sale or transfer rights will vest over a three-year performance period commencing on January 1, 2025 and ending on December 31, 2027. Vesting of these shares is dependent upon the attainment of pre-established performance objectives, and any difference between shares granted and shares earned at the end of the performance period will be reported at the conclusion of the performance period in 2028.

Footnote F4

Represents securities delivered in payment of a tax liability with respect to vesting of securities issued in accordance with Rule 16b-3.

Footnote F5

Securities sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 16, 2024.

Footnote F6

Represents the weighted average sale price of multiple open market same day sales with prices ranging from $78.32 to $78.73 per share. Full information regarding the number of shares sold at each separate price will be provided to the Securities and Exchange Commission or a security holder of the issuer upon request.

Footnote F7

Represents the weighted average sale price of multiple open market same day sales with prices ranging from $79.15 to $80.00 per share. Full information regarding the number of shares sold at each separate price will be provided to the Securities and Exchange Commission or a security holder of the issuer upon request.

Footnote F8

Represents the weighted average sale price of multiple open market same day sales with prices ranging from $75.43 to $76.30 per share. Full information regarding the number of shares sold at each separate price will be provided to the Securities and Exchange Commission or a security holder of the issuer upon request.

Footnote F9

Represents the weighted average sale price of multiple open market same day sales with prices ranging from $75.26 to $75.64 per share. Full information regarding the number of shares sold at each separate price will be provided to the Securities and Exchange Commission or a security holder of the issuer upon request.

Footnote F10

Represents the weighted average sale price of multiple open market same day sales with prices ranging from $75.95 to $76.66 per share. Full information regarding the number of shares sold at each separate price will be provided to the Securities and Exchange Commission or a security holder of the issuer upon request.

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