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SAUL CENTERS, INC. Director's Dealing 2025

Mar 10, 2025

32170_dirs_2025-03-10_767c62ff-7311-4040-8dfd-c733c5fca92b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SAUL CENTERS, INC. (BFS)
CIK: 0000907254
Period of Report: 2025-03-06

Reporting Person: COLLICH JOHN F (Sr. VP, Chief Acq. & Dev. Off.)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-03-06 Common Stock M 300 Acquired 43230 Direct
2025-03-06 Common Stock A 150 Acquired 43380 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-03-06 Performance Shares $0 M 300 Disposed 2029-05-17 Common Stock (300) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Series E Preferred Stock 872.691 Direct
Common Stock 2667 Indirect
Common Stock 2060 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option $51.07 2025-05-08 Common Stock (20000) 20000 Direct
Employee Stock Option $57.74 2026-05-06 Common Stock (20000) 20000 Direct
Employee Stock Option $59.41 2027-05-05 Common Stock (20000) 20000 Direct
Employee Stock Option $49.46 2028-05-11 Common Stock (20000) 20000 Direct
Employee Stock Option $55.71 2029-05-03 Common Stock (20000) 20000 Direct
Employee Stock Option $50 2030-04-24 Common Stock (20000) 20000 Direct
Employee Stock Option $43.89 2031-05-07 Common Stock (20000) 20000 Direct
Employee Stock Option $47.90 2032-05-13 Common Stock (20000) 20000 Direct
Employee Stock Option $33.79 2033-05-12 Common Stock (20000) 20000 Direct

Footnotes

F1: Balance increased by July 31, 2024, October 31, 2024 and January 31, 2025 Dividend Reinvestment Plan awards totaling 120 shares.

F2: Balance increased by July 31, 2024, October 31, 2024 and January 31, 2025 Dividend Reinvestment Plan awards totaling 92 shares.

F3: Represents restricted shares of Common Stock. Such shares vest, assuming continued employment, on May 17, 2029.

F4: Represents additional restricted shares of Common Stock earned based on the achievement of performance criteria with respect to a performance period commencing on January 1, 2024 and ending on December 31, 2024. Such shares vest, assuming continued employment, on May 17, 2029.

F5: Balance increased by July 31, 2024, October 31, 2024 and January 31, 2025 Dividend Reinvestment Plan awards totaling 3,391 shares.

F6: The options vest 25% per year over four years from the date of grant.