Saul Centers CFO reports 1,350 preferred share purchases
Rhea-AI Filing Summary
Saul Centers, Inc. (BFS) disclosed insider purchases by Senior Vice President & CFO Carlos L. Heard. He bought 450 Series D Preferred shares on 11/11/2025 at $20.85, 450 on 11/12/2025 at $20.70, and 450 on 11/13/2025 at $20.60, totaling 1,350 shares. Following these trades, his direct holdings of Series D Preferred were 2,050 shares. He also held 4,725.176 shares of Common Stock, which the filing notes increased by a 5.924 share Dividend Reinvestment Plan award on October 31, 2025.
Derivative holdings include employee stock options for 10,000 shares at $43.89 expiring 05/07/2031, 15,000 at $47.90 expiring 05/13/2032, and 15,000 at $33.79 expiring 05/12/2033; options vest 25% per year over four years from grant. Performance shares listed: 1,600 and 2,000 underlying Common Stock with dates 05/17/2029 and 05/09/2030, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Series D Preferred Stock | 450 | $20.60 | $9K |
| Purchase | Series D Preferred Stock | 450 | $20.70 | $9K |
| Purchase | Series D Preferred Stock | 450 | $20.85 | $9K |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Balance increased by October 31, 2025 Dividend Reinvestment Plan award of 5.924 shares. The options vest 25% per year over four years from the date of grant.