Saul Centers EVP reports equity awards, share withholding
Bettina T. Guevara, Executive VP and Chief Legal and Administrative Officer of Saul Centers, reported equity awards and related share withholdings in May 2026.
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Form Type
4
Rhea-AI Filing Summary
Bettina T. Guevara, Executive VP and Chief Legal and Administrative Officer of Saul Centers, reported equity awards and related share withholdings in May 2026. She was granted 2,500 restricted common shares, 2,500 performance shares tied to common stock, and 22 additional common shares. To cover exercise price or tax obligations, 190 common shares valued at $35.19 per share were delivered or withheld. The disclosure also describes stock options and performance share awards vesting over several years, with some vesting contingent on Funds from Operations performance criteria.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Guevara Bettina T.
Role
Exec. VP /Chf Legal & Adm Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 190 | $35.19 | $7K |
| Grant/Award | Common Stock | 22 | $35.19 | $774.18 |
| Grant/Award | Performance Shares | 2,500 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,500 | $0.00 | $0.00 |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Employee Stock Option | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
| holding | Performance Shares | -- | -- | -- |
Holdings After Transaction:
Performance Shares — 6,000 contracts for 3,500 underlying shares (Direct);
Common Stock — 9,643.4231 shares (Direct);
Employee Stock Option — 9,500 contracts (Direct)
Footnotes (5)
- F1. Represents restricted shares of Common Stock. Such shares vest on the first five anniversaries of May 8, 2026 in equal annual installments, assuming continued employment.
- F2. Balance increased by April 30, 2026 Dividend Reinvestment Plan award of 6.1171 shares.
- F3. Shares acquired in an exempt transaction as dividend equivalents on filers restricted stock award, which vested on May 9, 2026.
- F4. The options vest 25% per year over four years from the date of grant.
- F5. The performance share award provides for the grant of restricted shares of Common Stock on each of the five anniversaries of May 8, 2026 in equal annual installments. The number of restricted shares of such grant that vest, if any, is (i) subject to cliff-vesting on May 8, 2031, and (2) achievement of performance criteria relating to the Companys target Funds from Operations available to common stockholders and noncontrolling interests (FFO) measured against an FFO amount included in the budget established by the Board of Directors annually prior to the start of such calendar year.
Key Figures
Restricted common shares granted: 2,500 shares
Performance shares granted: 2,500 shares
Additional common shares acquired: 22 shares at $35.19 per share
+3 more
6 metrics
Restricted common shares granted
2,500 shares
Equity award of common stock on May 8, 2026
Performance shares granted
2,500 shares
Performance share award on May 8, 2026 linked to common stock
Additional common shares acquired
22 shares at $35.19 per share
Non-derivative acquisition on May 9, 2026
Shares delivered/withheld for obligations
190 shares at $35.19 per share
Code F disposition on May 9, 2026 for exercise price or tax liability
Stock option position 1
2,500 underlying shares at $43.8900
Employee stock option expiring 2031-05-07, vests 25% per year over four years
Performance share holding 1
1,500 underlying shares at $0.0000
Performance share award expiring 2029-05-17 linked to common stock
Key Terms
Performance Shares, Dividend Reinvestment Plan, Funds from Operations, cliff-vesting, +1 more
5 terms
Dividend Reinvestment Plan financial
"Balance increased by April 30, 2026 Dividend Reinvestment Plan award"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Funds from Operations financial
"performance criteria relating to the Companys target Funds from Operations"
Funds from operations (FFO) measures the cash a real estate-focused company generates from its core property operations by adjusting net income to add back non-cash expenses like building depreciation and removing one-time gains or losses from property sales. Investors use FFO like a household’s monthly take-home pay—it's a clearer view of ongoing cash available to pay dividends, maintain properties and fund growth than raw accounting profit.
cliff-vesting financial
"subject to cliff-vesting on May 8, 2031"
dividend equivalents financial
"Shares acquired in an exempt transaction as dividend equivalents"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Saul Centers (BFS) grant to Bettina Guevara in May 2026?
Bettina Guevara received 2,500 restricted common shares, 2,500 performance shares linked to common stock, and 22 additional common shares. These awards form part of her long-term incentive compensation reported for transactions dated May 8 and May 9, 2026.
What stock option positions in Saul Centers (BFS) common stock does Bettina Guevara report?
She reports employee stock options over 2,500, 3,000 and 4,000 underlying common shares with exercise prices of $43.8900, $47.9000 and $33.7900, expiring between 2031 and 2033. A footnote explains these options vest 25% per year over four years from grant.
Were Bettina Guevara's Saul Centers (BFS) transactions made under a Rule 10b5-1 trading plan?
The disclosure does not identify trades under a Rule 10b5-1 plan. The document-level Rule 10b5-1 checkbox is unchecked, and the explanatory footnotes describe vesting, dividend reinvestment and performance criteria but do not reference any trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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