Welcome to our dedicated page for Saul Ctrs SEC filings (Ticker: BFS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Saul Centers, Inc. filings document regulatory disclosures for a self-managed equity REIT that owns, operates, and develops shopping center and mixed-use real estate. Recent 8-K reports furnish quarterly operating results and identify the company’s NYSE-listed common stock and depositary shares representing Series D and Series E cumulative redeemable preferred stock.
The filing record also includes proxy governance and executive compensation disclosures, board-change reports, and material definitive agreements involving Saul Holdings Limited Partnership, the company’s operating partnership. These documents describe the REIT’s public-company governance, capital structure, financing arrangements, and operating-result disclosures.
Saul Centers, Inc. President & COO David Todd Pearson reported an open-market purchase of 2,600 shares of Common Stock at $34.745 per share. After this transaction, he directly holds 79,321.2814 common shares and also has 2,456.635 shares held indirectly through a Spouse IRA.
In addition, he holds multiple performance share awards that can convert into 17,500, 14,000 and 10,500 Common Stock shares, and several employee stock options with exercise prices ranging from $33.79 to $59.41 per share and expirations between 2027 and 2033. These derivative positions represent potential future share ownership if exercised or vested.
SAUL CENTERS, INC. executive vice president Joel Albert Friedman reported routine equity updates. He received a grant of 40 shares of common stock at $33.00 per share as dividend equivalents on a restricted stock award that vested on May 17, 2026, and 130 shares were withheld to cover tax obligations, leaving 7,785.7111 common shares held directly. He also holds 15,248 common shares indirectly through a 401(k) plan and maintains a range of performance shares and employee stock options that are exercisable into common stock over expiration dates from 2027 to 2033.
Saul Centers, Inc. senior vice president John Collich reported routine equity compensation activity. On May 17, 2026, he received 30 shares of Common Stock at $33.00 as dividend equivalents on a restricted stock award that vested that day, an exempt transaction.
To cover tax obligations, 98 shares of Common Stock at $33.00 were withheld, leaving him with 53,104.02 directly held Common shares. He also reports indirect Common Stock holdings through an IRA and his spouse, Series E preferred stock, performance share awards, and multiple employee stock option grants that each cover 20,000 underlying Common shares.
Saul Centers, Inc. senior vice president and Director of Leasing Zachary Maxwell Friedlis reported routine equity compensation activity. He received 31 shares of Common Stock at $33.00 per share in an exempt transaction as dividend equivalents on a restricted stock award that vested on May 17, 2026, and 96 shares were withheld at the same price to cover tax obligations. After these transactions, he directly holds 6,546.575 shares of Common Stock and 3,704.552 shares of Series D Preferred Stock. He also holds performance share awards tied to 1,500, 1,200, and 900 underlying Common shares with a $0.00 exercise price and expirations in 2029, 2030, and 2031, respectively.
Saul Centers, Inc. Chairman and CEO B. Francis Saul II reported a routine equity compensation event. He received 572 shares of common stock at $33.00 per share as a grant classified as a dividend equivalent on a restricted stock award that vested on May 17, 2026. Following this award, he directly holds 264,292.168 shares of common stock, and also has indirect holdings through family accounts and affiliated entities such as Van Ness Square Corporation, Westminster Investing L.L.C., Dearborn L.L.C., and others. In addition, he retains various equity-based interests, including performance shares, phantom stock tied to common stock, units in Saul Holdings Limited Partnership that are generally convertible one-for-one into common stock subject to ownership limits, and multiple director stock options with exercise prices between $33.79 and $59.41 per share.
Saul Centers, Inc. Senior Vice President & CFO Carlos Lawrence Heard reported updated holdings in common and derivative securities. He received 40 shares of Common Stock at $33.00 per share in an exempt award tied to dividend equivalents on a restricted stock award that vested on May 17, 2026. To cover related tax obligations, 131 shares of Common Stock were disposed of through share withholding rather than an open-market sale, leaving him with 7,693.1597 direct common shares.
He also directly holds Series D Preferred Stock totaling 4,500 shares, plus performance share awards linked to 2,000, 1,600, and 1,200 underlying common shares that can settle at an exercise price of $0.00. In addition, he retains employee stock options over 15,000, 15,000, and 10,000 common shares with exercise prices of $33.79, $47.90, and $43.89, respectively, which vest 25% per year over four years from each grant date.
Saul Centers, Inc. executive Bettina T. Guevara reported routine equity compensation activity. She acquired 45 shares of common stock at $33.00 per share as dividend equivalents on a restricted stock award that vested on May 17, 2026. To cover tax obligations, 179 shares were withheld at the same price, leaving her with 9,464.4231 common shares held directly.
Guevara also reports outstanding derivative awards, including performance shares tied to 2,500, 2,000 and 1,500 underlying common shares with a $0.00 exercise price, and employee stock options on 4,000, 3,000 and 2,500 shares with exercise prices between $33.79 and $47.90 expiring between 2031 and 2033. The options vest 25% per year over four years from their grant dates.
SAUL CENTERS, INC. vice chair and director Patricia E. Saul reported routine equity compensation activity. On May 17, 2026 she acquired 37 shares of common stock at $33.00 per share as dividend equivalents on a restricted stock award that vested that day, while 152 shares were withheld to cover tax obligations. After these transactions, she directly held 23,547.641 shares of common stock. She also retained derivative interests in performance share awards tied to 2,000, 1,600, and 1,200 underlying common shares with a $0.00 exercise price and expiration dates from 2029 to 2031, plus a director stock option over 2,500 shares at a $33.79 exercise price expiring in 2033.
Saul Centers, Inc. director and SVP Willoughby B. Laycock reported routine equity compensation updates. On May 17, 2026, he acquired 10 shares of Common Stock at $33.00 per share in an exempt transaction as dividend equivalents when a restricted stock award vested. On the same date, 35 shares of Common Stock at $33.00 per share were withheld to cover tax liabilities.
Following these transactions, Laycock directly holds 4,804.068 shares of Common Stock, plus various performance shares, stock options and phantom stock units linked to Saul Centers common stock. He also has an indirect holding of 249.952 shares in a spouse 401(k) account. No open‑market purchases or sales were reported in this filing.
Saul Centers SVP-Chief Construction Officer Donald A. Hachey reported routine equity compensation activity. He received 31 shares of common stock at $33.00 per share as dividend equivalents when a restricted stock award vested on May 17, 2026, and 93 shares were withheld at the same price to cover tax obligations. After these transactions, he directly owns 5,602.8121 common shares and continues to hold performance shares tied to 3,600 underlying shares and employee stock options covering 57,500 shares with exercise prices between $33.79 and $59.41.