Vice President - Management Information Services · SAFETY INSURANCE GROUP INC (SAFT)

Stephen Varga

A named executive officer of SAFETY INSURANCE in every fiscal year CompBrief holds from FY2016 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$1,342,940

FY2024: $1,239,363

3rd of 5 named executive officers at Safety Insurance by FY2025 total.

5 named officers on file for SAFETY INSURANCE, FY2025

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What this number hides

The filing gives the total. SAFETY INSURANCE’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

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Compensation figures as of the proxy filed March 31, 2026 (DEF 14A).

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Stephen Varga compensation by year

SAFETY INSURANCE Summary Compensation Table · all 10 fiscal years held
In US dollars, as SAFETY INSURANCE reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$220,200$265,000$272,700$281,400$287,300$288,400$320,000$333,600$346,100$375,000
Bonus$0$0$0$0$0$0$0$0$0$0
Stock awards$275,000$325,000$350,000$375,000$400,000$400,000$375,000$400,000$425,000$400,000
Option awards$0$0$0$0$0$0$0$0$0$0
Non-equity incentive$226,800$238,500$245,430$253,260$258,570$221,490$142,080$0$288,650$312,750
Pension and deferred compensation$0$0$0$0$0$0$0$0$0$0
All other$122,132$165,879$232,640$229,268$317,220$296,441$228,538$89,480$179,613$255,190
Total$844,132$994,379$1,100,770$1,138,928$1,263,090$1,206,331$1,065,618$823,080$1,239,363$1,342,940

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.

$844K
$994K
$1.1M
$1.1M
$1.3M
$1.2M
$1.1M
$823K
$1.2M
$1.3M
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
Restricted Stock2,648$206,306—
Restricted Stock2,594$202,099—
Restricted Stock2,420$188,542—
Restricted Stock2,259$175,999—
Restricted Stock1,564$121,836—
Restricted Stock827$64,447—

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 officerRoleFY2025 total
George MurphyPresident, Chief Executive Officer$4,187,838
Christopher WhitfordVice President, Chief Financial Officer and Secretary$1,588,160
Stephen Varga · this pageVice President - Management Information Services$1,342,940
Paul NarcisoVice President - Claims$1,228,109
John DragoVice President - Marketing$1,118,660

Stephen Varga's compensation dossier, SAFETY INSURANCE

You have read Stephen Varga's totals and holdings. The dossier adds each equity grant SAFETY INSURANCE disclosed for Stephen Varga and SAFETY INSURANCE's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.

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The full SAFETY INSURANCE compensation record

free company brief

This page is one person within SAFETY INSURANCE's record. The company brief lists every named executive, each linking to their own page.

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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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Stephen Varga's compensation dossier