Insider Selling: Safety Insurance Group (NASDAQ:SAFT) Major Shareholder Sells 1,240,352 Shares of Stock
MarketBeat
Safety Insurance Group, Inc. (NASDAQ:SAFT - Get Free Report) major shareholder Corp Srb sold 1,240,352 shares of the company's stock in a transaction that occurred on Monday, July 27th. The shares were sold at an average price of $103.07, for a total value of $127,843,080.64. Following the completion of the sale, the insider owned 473,387 shares in the company, valued at approximately $48,791,998.09. This represents a 72.38% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.
NASDAQ:SAFT
