Insider Trading March 23, 2026

SRB Corp Reduces Stake in Safety Insurance with $1.01M Sale

10% owner trims shares while Safety Insurance maintains dividend cadence and readies year-end filings

By Leila Farooq SAFT
SRB Corp Reduces Stake in Safety Insurance with $1.01M Sale
SAFT

SRB Corp, identified as a ten percent owner of Safety Insurance Group Inc (NASDAQ: SAFT), sold 14,151 shares on March 20, 2026 for $71.122 per share, netting $1.01 million. The transaction leaves SRB with 1,794,655 shares. Safety Insurance trades at a P/E of 10.92 and a PEG of 0.28, and the company continues a long-running dividend program while scheduling key financial disclosures.

Key Points

  • SRB Corp sold 14,151 shares of Safety Insurance Group Inc on March 20, 2026 at $71.122 per share, yielding $1.01 million.
  • Following the sale, SRB Corp directly holds 1,794,655 shares; Plymouth Rock Co Inc is also listed as a ten percent owner and may be deemed a group with SRB Corp - impacting ownership reporting.
  • Safety Insurance is reported with a P/E of 10.92, a PEG of 0.28, a 5.03% dividend yield, and a 24-year consecutive dividend payment record; the company declared a $0.92 quarterly dividend payable March 13, 2026 to holders of record March 2, 2026.

SRB Corp, which is reported as holding a roughly ten percent stake in Safety Insurance Group Inc (NASDAQ: SAFT), executed a disposal of 14,151 common shares on March 20, 2026. The shares were transacted at a per-share price of $71.122, producing a total sale value of approximately $1.01 million.

After completing the sale, SRB Corp's direct ownership in Safety Insurance stands at 1,794,655 shares. The entity appears alongside Plymouth Rock Co Inc in filings as a ten percent owner; filings note that Plymouth Rock Co Inc may be considered a "group" with SRB Corp for ownership reporting purposes.

Market valuation metrics included in the report show Safety Insurance trading at a price-to-earnings ratio of 10.92 and a PEG ratio of 0.28. Those ratios are presented in the filing as indicative of an attractive valuation relative to the company’s growth prospects.

The company’s dividend profile is also highlighted. According to InvestingPro data cited in the filing, Safety Insurance yields 5.03% and has maintained dividend distributions for 24 consecutive years. Separately, Safety Insurance has declared a quarterly cash dividend of $0.92 per share on its common stock. That dividend is scheduled to be payable on March 13, 2026 to shareholders of record as of March 2, 2026.

Investors have additional corporate calendar items to note. Safety Insurance plans to release its fourth quarter and full year 2025 financial results on February 25, 2026. The company also aims to file its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission by February 27, 2026. These announced dates represent upcoming disclosure events that will provide more detailed financial information to the market.


Presented here are the concrete transactional and calendar facts disclosed in the filings: the precise share count sold, the sale price and aggregate value, the post-transaction direct holding, ownership group notation with Plymouth Rock, valuation ratios cited, the dividend yield and dividend history, the amount and record/payable dates for the declared quarterly cash dividend, and the scheduled dates for earnings release and 10-K filing.

Risks

  • Ownership reporting complexity - Plymouth Rock Co Inc is listed alongside SRB Corp and may be considered a group with SRB, which could affect aggregated ownership disclosures (affects regulatory and filings in the financial sector).
  • Event risk from scheduled disclosures - Safety Insurance will release fourth quarter and full year 2025 results on February 25, 2026 and aims to file its Form 10-K by February 27, 2026, which could introduce volatility around those dates (affects investors and equity market participants).
  • Dividend timing risk - The company’s declared $0.92 quarterly cash dividend is payable March 13, 2026 to shareholders of record March 2, 2026, making the record and payment dates material to income-focused investors (impacts income investors and fixed-income substitute demand in financial markets).

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