Saul Centers exec reports dividend-equivalent shares
Saul Centers, Inc. senior vice president John Collich reported routine equity compensation activity.
Rhea-AI Filing Summary
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 53,134.02 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
15 transactions reported
Mixed
15 txns
Insider
Collich John
Role
Sr. VP, Chief Acq. & Dev. Off.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 98 | $33.00 | $3K |
| Grant/Award | Common Stock | 30 | $33.00 | $990.00 |
| 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 | Performance Shares | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Series E Preferred Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 53,134.02 shares (Direct);
Employee Stock Option — 140,000 contracts (Direct);
Performance Shares — 3,600 contracts (Direct);
Series E Preferred Stock — 872 shares (Direct);
Common Stock — 2,928 shares (Indirect, Wife);
Common Stock — 2,260 shares (Indirect, IRA)
Footnotes (2)
- F1. Shares acquired in an exempt transaction as dividend equivalents on filers restricted stock award, which vested on May 17, 2026.
- F2. The options vest 25% per year over four years from the date of grant.
Key Figures
Dividend-equivalent grant: 30 shares at $33.00
Tax withholding shares: 98 shares at $33.00
Direct Common Stock holdings: 53,104.02 shares
+5 more
8 metrics
Dividend-equivalent grant
30 shares at $33.00
Common Stock acquired as dividend equivalents on vested restricted award, May 17, 2026
Tax withholding shares
98 shares at $33.00
Common Stock withheld to pay tax liability related to equity compensation
Direct Common Stock holdings
53,104.02 shares
Directly held Common Stock after transactions on May 17, 2026
Performance shares (2031)
1,500 underlying shares
Performance Shares, $0.00 exercise price, expiring May 8, 2031
Performance shares (2030)
1,200 underlying shares
Performance Shares, $0.00 exercise price, expiring May 9, 2030
Employee option grant (2033)
20,000 shares at $33.79
Employee Stock Option on Common Stock, expiring May 12, 2033
Employee option grant (2029)
20,000 shares at $55.71
Employee Stock Option on Common Stock, expiring May 3, 2029
Tax-withholding count
98 shares
Total shares withheld for tax obligations per transaction summary
Key Terms
dividend equivalents, restricted stock award, Performance Shares, Employee Stock Option, +1 more
5 terms
dividend equivalents financial
"Shares acquired in an exempt transaction as dividend equivalents on filers restricted stock award"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
restricted stock award financial
"dividend equivalents on filers restricted stock award, which vested on May 17, 2026"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Employee Stock Option financial
"Employee Stock Option grants each covering 20,000 underlying Common shares at stated exercise prices"
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities described as tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BFS executive John Collich report on this Form 4?
John Collich reported receiving 30 Common shares at $33.00 as dividend equivalents on a restricted stock award that vested on May 17, 2026, and a 98-share tax-withholding disposition at the same price, reflecting routine compensation-related adjustments.
What does the tax-withholding transaction mean in the BFS Form 4?
The Form 4 shows an F-code transaction of 98 Common shares at $33.00, representing shares withheld to satisfy tax liabilities tied to equity compensation. This is not an open-market sale but a standard mechanism to cover income tax obligations on vested awards.
What employee stock options are disclosed for the Saul Centers (BFS) executive?
The filing lists several employee stock option grants, each for 20,000 underlying Common shares, with exercise prices ranging from $33.79 to $59.41 and expirations between 2027 and 2033. A footnote notes these options vest 25% per year over four years from grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
