SAFT SAFETY INSURANCE GROUP INC Insider Trading

10% Owner SRB CORP sold 14,151 shares of SAFT at $71.12; holds 1,794,655 shares post-sale.

SRB CORP, a 10% owner, sold 14,151 shares on 2026-03-20 at $71.12, reducing holdings by 0.8% to 1,794,655 shares. The stock currently trades at $73.10, above the sale price, and SAFT shows solid fundamentals with $326.6M quarterly revenue, +12.8% annual growth, and a P/E of 9.24. However, this sale follows a pattern: SRB executed three sales at SAFT in late February (2026-02-26, 2026-02-26, 2026-02-25), and assessment of timing is pending as measurable outcomes are not yet available. Across SRB's broader open-market track record (15 prior buys, 3 prior sells), the insider has averaged -2.7% 30-day and -3.8% 90-day returns with only a 6.67% win rate, suggesting a generally unfavorable timing pattern, though this cross-ticker record provides limited signal for SAFT-specific behavior.

10% Owner SRB CORP sold 13,634 shares of SAFT across 3 transactions (Feb 25–26) for $1,068,196.53, reducing stake to 1,821,510 shares.

SRB CORP executed three separate sales totaling 13,634 shares for $1,068,196.53 at blended average price $78.35, occurring Feb 25–26, 2026. The sales reduced the 10% owner's position by 0.7% to 1,821,510 shares remaining. At SAFT specifically, this insider's prior five buys (clustered in June–July 2023) showed poor timing: only 1 of 5 achieved positive 90-day returns, and the most recent buy (July 2023) was the sole winner at +9.8%. The current sale occurred while SAFT trades at $77.63, down 7.0% from the 52-week high of $83.49 but up 2.2% over 30 days and 2.1% over 90 days. Fundamentals remain solid: P/E of 9.81, revenue of $326,624,000.00, net income of $28,310,000.00, and annual revenue growth of +12.8%. This sale does not necessarily signal concern; it reflects a discrete reduction in an already substantial 1.82M-share stake by a major holder.

VP of Actuarial Services Hiltpold Glenn purchased 55 SAFT shares at $71.74; holdings now 13,108 shares.

Hiltpold Glenn, VP of Actuarial Services at Safety Insurance Group, acquired 55 shares on 2025-09-18 for $3,945.43, raising his post-transaction holdings to 13,108 shares. The purchase represents a 0.4% increase to his position and occurred at $71.74, below the current price of $72.59 and well below the 52-week high of $88.30. The company trades at a P/E of 12.74 with market capitalization of $1,081,168,018.07 and recent quarterly revenue of $316,300,000.00, demonstrating financial stability. The modest transaction size and minimal holding increase suggest a routine accumulation rather than a material portfolio shift.

Director Langwell buys 2,000 SAFT shares at $72.39; holdings up 33.3%, stock down 9.3% in 90 days, but prior SAFT buy signals strength.

Director Dennis J. Langwell purchased 2,000 shares at $72.39 on 2025-09-05, increasing his holdings by 33.3% to 8,000 shares. This marks his second consecutive open-market purchase at SAFT within a month (prior buy on 2025-08-11), demonstrating sustained commitment to accumulating the stock. His prior SAFT buy on 2023-08-21 was well-timed at the 90-day mark with a +10.8% return. Offsetting this positive pattern, the stock has declined 9.3% over the past 90 days and remains 17.8% below its 52-week high of $88.30, despite the company's solid fundamentals: $316.3M in quarterly revenue, $28.9M net income, and a lean P/E of 12.73. The repeated buying in a compressed timeframe warrants scrutiny as to whether this reflects contrarian conviction during a recent decline or a routine accumulation pattern.

Director Langwell Dennis J. buys 2,000 shares of SAFT at $71.49; holdings increase 50% to 6,000 shares

Director Langwell purchased 2,000 shares at $71.49 on 2025-08-11, raising his position by 50% from 4,000 to 6,000 shares, totaling $143.0K in value. His single prior purchase at SAFT on 2023-08-21 generated a 90-day return of +10.8%, suggesting a pattern of open-market buys timed ahead of positive price movement at this ticker. The company shows solid fundamentals with $316.3M in quarterly revenue, $28.9M net income, and strong annual revenue growth of +20.3%, supported by a conservative P/E of 12.69. However, the stock has declined 11.0% over the past 90 days and sits 18.5% below its 52-week high, which may contextualize the timing of this incremental accumulation relative to near-term price weakness.

Director Brophy buys 1,000 shares of SAFT at $78.80; holdings grow to 10,000 shares post-transaction.

Brophy Charles Joseph III, a director, purchased 1,000 shares at $78.80 on 2024-08-13, increasing his holdings from 9,000 to 10,000 shares. The transaction occurred when the stock traded at a -6.7% discount from the 52-week high of $87.16, and the company is growing revenue at +16.7% year-over-year with a P/E of 23.71. The purchase represents a 11.1% increase relative to his pre-transaction holdings. At the current price of $81.31, the transaction executed 3.2% below current levels, though the stock has declined 2.2% over the past 30 days. This directional buy by a board member adds to his established position in the company.