Saul Centers, Inc. filings document regulatory disclosures for a self-managed equity REIT that owns, operates, and develops shopping center and mixed-use real estate. Recent 8-K reports furnish quarterly operating results and identify the company’s NYSE-listed common stock and depositary shares representing Series D and Series E cumulative redeemable preferred stock.
The filing record also includes proxy governance and executive compensation disclosures, board-change reports, and material definitive agreements involving Saul Holdings Limited Partnership, the company’s operating partnership. These documents describe the REIT’s public-company governance, capital structure, financing arrangements, and operating-result disclosures.
Saul Centers, Inc. (BFS) reported an insider open‑market purchase. On 11/12/2025, the reporting person bought 3,348 shares of common stock at $29.862 per share.
Following the trade, the insider beneficially owned 50,566.916 shares directly, and 2,368.427 shares were held indirectly in a spouse’s IRA. The filer is listed as both Director and President & COO. Notes indicate recent increases from dividend reinvestment plan awards.
Saul Centers, Inc. (BFS) reported Q3 2025 results. Total revenue was $72.0 million, up from $67.3 million a year ago, driven by higher rental income. Net income available to common stockholders was $7.7 million, or $0.32 per share, compared with $11.7 million, or $0.48, last year as expenses rose.
Property net operating income was $49.8 million versus $49.0 million, while interest expense and amortization increased to $17.1 million from $12.2 million. For the nine months, revenue reached $214.7 million (from $200.9 million) and net income available to common stockholders was $22.6 million ($0.93 per share) versus $34.2 million ($1.42).
The company refinanced into a new $600.0 million credit facility (a $460.0 million revolver maturing July 30, 2029 and a $140.0 million term loan maturing July 28, 2028). At September 30, $330.0 million was outstanding with $101.1 million available; current spreads were 140 bps on the revolver and 135 bps on the term loan over SOFR. Principal debt totaled $1.612 billion. Construction in progress was $371.5 million, led by Hampden House at $256.3 million. Giant Food represented 4.7% of revenue for the nine months. Shares outstanding were 24,412,314 as of November 3, 2025; this is a baseline figure, not the amount being offered.
Saul Centers, Inc. (BFS) furnished a press release reporting its financial results for the quarter ended September 30, 2025. The company submitted the release as part of a Current Report on Form 8-K dated November 6, 2025.
The information was provided under Item 2.02 (Results of Operations and Financial Condition) and is expressly stated as furnished, not filed, which means it is not subject to Section 18 liability and is not incorporated by reference into other filings unless specifically stated. The press release is included as Exhibit 99.1, and the cover page interactive data file is embedded as Exhibit 104.
Clancy George Patrick Jr., a director of Saul Centers, Inc. (BFS), reported a sale of 16,915 shares of the issuer's common stock on 10/01/2025. The filing also records multiple outstanding director stock options (each for 2,500 shares across grant years 2016–2023) and a grant of 627.55 phantom shares on 10/01/2025 under the company’s Deferred Compensation Plan tied to the 2024 Stock Incentive Plan. The phantom-share entry shows a conversion reference price of $31.87 and reports 6,610.054 shares as the number of shares beneficially owned following reported derivative transactions, which includes 110.643 shares credited as dividend reinvestments on 7/31/2025. The form is a Section 16 disclosure of changes in beneficial ownership and director compensation; it documents a director sale plus continued equity-linked compensation and deferred/phantom holdings.
John E. Chapoton, a director of Saul Centers, Inc. (BFS), reported transactions on Form 4 showing his holdings and recent activity. The filing reports a disposition of 11,466.078 shares of common stock. It also shows outstanding director stock options (each for 2,500 shares) granted from 2016 through 2023 and exercisable into common stock, together with a new award of 509.884 phantom shares credited 10/01/2025 under the issuer's Deferred Compensation Plan and 2024 Stock Incentive Plan. The filing states the phantom shares convert to common stock under the plan terms and notes 526.084 phantom-share dividend reinvestments awarded July 31, 2025. The reporting person beneficially owns 28,955.498 shares following the reported transactions.