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SAUL CENTERS, INC. — Director's Dealing 2026
Feb 5, 2026
32170_dirs_2026-02-05_456ef05c-008f-4406-825c-0edfd76ba9db.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: SAUL CENTERS, INC. (BFS)
CIK: 0000907254
Period of Report: 2025-05-17
Reporting Person: Friedman Joel Albert (Exec VP, CAO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-05-17 | Common Stock | A | 27 | $34.39 | Acquired | 4775.57 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Series E Preferred Stock | 200 | Direct |
| Series D Preferred Stock | 100 | Direct |
| Common Stock | 14178 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option | $57.74 | 2026-05-06 | Common Stock (10000) | 10000 | Direct |
| Employee Stock Option | $59.41 | 2027-05-05 | Common Stock (10000) | 10000 | Direct |
| Employee Stock Option | $49.46 | 2028-05-11 | Common Stock (10000) | 10000 | Direct |
| Employee Stock Option | $55.71 | 2029-05-03 | Common Stock (15000) | 15000 | 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 |
| Performance Shares | $0 | 2029-05-17 | Common Stock (1600) | 1600 | Direct |
| Performance Shares | $0 | 2030-05-09 | Common Stock (2000) | 2000 | Direct |
Footnotes
F1: Effective April 1, 2009, shares formerly held by the B.F. Saul Company Employees' Profit Sharing Reinvestment Trust were distributed to the individual 401(k) plan accounts of participants. The number of shares reported represents the reporting person's beneficial ownership interest in the Saul Centers stock fund of the 401(k) plan.
F2: Shares acquired in an exempt transaction as dividend equivalents on filers restricted stock award, which vested on May 17, 2025.
F3: This amendment corrects an administrative error in Column 5 of Table I in the original Form 4. The reported post-transaction beneficial ownership balance was incorrect. All transaction details in the original filing were accurate.
F4: The options vest 25% per year over four years from the date of grant.