Saul Centers (NYSE: BFS) SVP gains stock awards and details option positions
Rhea-AI Filing Summary
Saul Centers, Inc. senior vice president Judith K. Garland reported equity compensation activity, exercising performance share units and receiving additional restricted stock, all as awards from the company rather than open-market trades.
On March 11, 2026, she exercised performance share awards tied to 200 and 300 underlying shares of common stock, and a related entry shows 500 shares of common stock acquired through derivative exercise. She also received a separate grant of 250 restricted shares of common stock as a compensation award.
Following these acquisitions, Garland directly holds 3,489 shares of Saul Centers common stock. Footnotes state that 200 of the restricted shares vest on May 17, 2029 and 300 vest on May 9, 2030, subject to continued employment. An additional 100 and 150 restricted shares earned based on 2025 performance vest on the same respective dates under similar conditions. She also retains employee stock options over 5,000, 5,000, and 10,000 underlying common shares at exercise prices of $43.89, $47.90, and $33.79, expiring in 2031, 2032, and 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Shares | 200 | $0.00 | -- |
| Exercise | Performance Shares | 300 | $0.00 | -- |
| Exercise | Common Stock | 500 | $0.00 | -- |
| Grant/Award | Common Stock | 250 | $0.00 | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
Footnotes (1)
- Represents restricted shares of Common Stock. Of these restricted shares, 200 shares vest on May 17, 2029, and 300 shares vest on May 9, 2030, subject to the reporting persons continued employment through the applicable vesting dates. 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. Of these restricted shares, 100 shares vest on May 17, 2029, and 150 shares 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.
