George Murphy compensation by year
SAFETY INSURANCE Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $539,600 | $707,800 | $750,000 | $774,000 | $790,300 | $793,500 | $800,000 | $800,000 | $800,000 | $850,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $1,423,000 | $800,000 | $800,000 | $800,000 | $800,000 | $800,000 | $900,000 | $1,000,000 | $1,100,000 | $1,100,000 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $620,010 | $849,360 | $900,000 | $928,800 | $948,360 | $812,540 | $473,600 | $0 | $1,390,000 | $1,476,880 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $352,261 | $422,541 | $643,689 | $816,860 | $911,910 | $830,516 | $579,590 | $162,783 | $389,625 | $760,958 |
| Total | $2,934,871 | $2,779,701 | $3,093,689 | $3,319,660 | $3,450,570 | $3,236,556 | $2,753,190 | $1,962,783 | $3,679,625 | $4,187,838 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: SAFETY INSURANCE GROUP INC DEF 14A filed March 31, 2026, accession 0001172052-26-000009, and prior-year filings. Open the filing on EDGAR.
How this page was built: the SAFETY INSURANCE GROUP INC filed document, accession 0001172052-26-000009. Every figure is read from that document and cited to the page and table it appears in. Filed March 31, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| Restricted Stock | 7,282 | $567,341 | — |
| Restricted Stock | 6,715 | $523,166 | — |
| Restricted Stock | 6,213 | $484,055 | — |
| Restricted Stock | 6,051 | $471,433 | — |
| Restricted Stock | 4,047 | $315,333 | — |
| Restricted Stock | 2,068 | $161,087 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in SAFETY INSURANCE GROUP INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
SAFETY INSURANCE’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| George Murphy · this page | President, Chief Executive Officer | $4,187,838 |
| Christopher Whitford | Vice President, Chief Financial Officer and Secretary | $1,588,160 |
| Stephen Varga | Vice President - Management Information Services | $1,342,940 |
| Paul Narciso | Vice President - Claims | $1,228,109 |
| John Drago | Vice President - Marketing | $1,118,660 |
Board service
SAFETY INSURANCE board · FY2021–FY2025How this board is paid
Company policy: SAFETY INSURANCE pays directors a $95,000 cash retainer. As stated in SAFETY INSURANCE's FY2025 proxy.
Committees
Investment (Chair)
The full SAFETY INSURANCE compensation record
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are SAFETY INSURANCE's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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