Saul Centers (BFS) president boosts holdings with new share awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Saul Centers, Inc. president and COO David Todd Pearson reported share acquisitions through equity awards. He exercised performance share awards to acquire 7,000 shares of common stock and received an additional grant of 3,500 restricted common shares at no cash price as compensation.
Following these transactions, he directly holds 61,118.903 shares of Saul Centers common stock. The filing also shows additional indirect ownership of 2,413.873 common shares held in a spouse IRA and multiple outstanding employee and director stock options that remain exercisable over future years.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,000 shares exercised/converted
Mixed
13 txns
Insider
Pearson David Todd
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Shares | 3,500 | $0.00 | -- |
| Exercise | Performance Shares | 3,500 | $0.00 | -- |
| Exercise | Common Stock | 7,000 | $0.00 | -- |
| Grant/Award | Common Stock | 3,500 | $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 | Director Stock Option | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Shares — 10,500 shares (Direct);
Common Stock — 57,618.903 shares (Direct);
Employee Stock Option — 5,000 shares (Direct);
Director Stock Option — 2,500 shares (Direct);
Common Stock — 2,413.873 shares (Indirect, Spouse IRA)
Footnotes (1)
- Balance increased by January 31, 2026 Dividend Reinvestment Plan award of 45.444 shares. 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 January 31, 2026 Dividend Reinvestment Plan award of 51.987 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 insider transactions did BFS executive David Todd Pearson report?
David Todd Pearson reported equity-based share acquisitions, not open-market trades. He exercised performance share awards into 7,000 Saul Centers common shares and received a grant of 3,500 restricted common shares, all at a stated price of $0.00 per share as compensation-related awards.
What types of equity awards did the Saul Centers (BFS) president exercise or receive?
Pearson exercised performance shares and received restricted common stock. Two performance share awards converted into 7,000 common shares, and he was granted 3,500 additional restricted common shares that vest 50% on May 17, 2029 and 50% on May 9, 2030, subject to continued employment.
What stock options remain outstanding for the Saul Centers (BFS) president?
The filing lists multiple employee and director stock options still outstanding. These options cover underlying common shares at exercise prices between $33.79 and $59.41 per share, with expiration dates ranging from 2027 through 2033, showing substantial remaining derivative exposure to Saul Centers stock.