Saul Centers (NYSE: BFS) SVP exercises awards and gains more stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Saul Centers, Inc. senior vice president and chief construction officer Donald A. Hachey exercised performance share awards and received additional stock-based compensation. He exercised 600 Performance Shares into 600 shares of Common Stock and was granted 300 restricted shares of Common Stock.
The 300 restricted shares were earned based on 2025 performance criteria and vest 50% on May 17, 2029 and 50% on May 9, 2030, subject to his continued employment. Following these transactions, he holds 4,277.777 shares of Common Stock directly and retains multiple employee stock option grants expiring between 2026 and 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
600 shares exercised/converted
Mixed
12 txns
Insider
Hachey Donald A
Role
SVP-Chief Construction Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Shares | 300 | $0.00 | -- |
| Exercise | Performance Shares | 300 | $0.00 | -- |
| Exercise | Common Stock | 600 | $0.00 | -- |
| Grant/Award | Common Stock | 300 | $0.00 | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
Holdings After Transaction:
Performance Shares — 900 shares (Direct);
Common Stock — 3,969 shares (Direct);
Employee Stock Option — 5,000 shares (Direct)
Footnotes (1)
- Represents restricted shares of Common Stock. Fifty percent (50%) of the shares vest on May 17, 2029, and the remaining fifty percent (50%) vest on May 9, 2030, subject to the reporting persons continued employment through the applicable vesting dates. Balance increased by October 31, 2025 Dividend Reinvestment Plan award and January 31, 2026 award totaling 8.777 shares. 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, 2025 and ending on December 31, 2025. Fifty percent (50%) of the shares vest on May 17, 2029, and the remaining fifty percent (50%) vest on May 9, 2030, subject to the reporting persons continued employment through the applicable vesting dates. The options vest 25% per year over four years from the date of grant.
FAQ
What did Saul Centers (BFS) executive Donald Hachey report in this Form 4?
Donald A. Hachey reported equity compensation activity, not open-market trading. He exercised 600 Performance Shares into Common Stock and received 300 additional restricted shares, increasing his direct ownership and reflecting routine stock-based compensation tied to performance and continued employment conditions.
Does Donald Hachey still hold Saul Centers (BFS) stock options after this Form 4?
Yes. He continues to hold multiple employee stock option grants on Saul Centers Common Stock. These options have exercise prices and expiration dates running between 2026 and 2033, indicating a significant remaining derivative-based equity position alongside his direct share holdings.