Security Natl SEC Filings

Security National Financial Corp reported director equity awards and holdings for John L. Cook. The disclosure lists a series of director stock options and restricted stock units tied to the company’s Class A Common Stock.

The most recent grant is 2,461 restricted stock units awarded on December 5, 2025 under the 2022 Equity Incentive Plan at $8.53 per share; these units vest quarterly and are scheduled to be fully vested on December 31, 2026. An earlier grant on December 6, 2024 covered 2,509 shares at $13.08 per share, also vesting quarterly through December 31, 2025. After giving effect to all reported transactions, Cook beneficially owns 63,110 derivative securities, including multiple director stock options with exercise prices ranging from $2.84 to $7.21 and expiration dates extending from 2026 to 2033.

Security National Financial Corp reported insider equity moves by its General Counsel & Corporate Secretary, Jeffrey R. Stephens. On 12/12/2025, he disposed of 10,000 shares of Class A Common Stock coded "G" at a price of $ 9.01 per share. After this transaction, he directly beneficially owned 34,745 shares of Class A Common Stock.

The filing notes this direct amount does not include 127,085 shares of Class A Common Stock he owns indirectly through the 401(k) Retirement Savings Plan. It also reports 603 restricted stock units tied to Class A Common Stock with a conversion price of $ 13.08, part of a 2,413‑share grant made on 12/06/2024 at $ 13.08 per share under the 2022 Equity Incentive Plan, which vests quarterly and will be fully vested on 12/31/2025.

Security National Financial Corp director, 10% owner, and vice president/general counsel Andrew Quist reported exercising 33,393 employee stock options for Class A Common Stock at $3.92 per share on December 3, 2025. He then disposed of 14,892 Class A shares at $8.79 per share, leaving 169,990 Class A shares beneficially owned directly, plus 111,191 Class A shares held indirectly through a 401(k) retirement savings plan. Quist continues to hold multiple employee stock options on Class A and Class C Common Stock with exercise prices ranging from $3.27 to $13.67 and expirations between 2026 and 2034, many of which have been adjusted over time for stock dividends under the company’s stock plans.

Security National Financial Corporation reported Q3 results. Total revenues were $89,326,163 for the three months ended September 30, 2025, slightly above $88,273,687 a year ago. Net earnings were $7,815,026 versus $11,831,444, with net earnings per Class A equivalent share of $0.32 (diluted $0.31).

For the nine months, revenues were $261,607,035 versus $255,253,221, while net earnings were $18,659,673 versus $26,577,515. Q3 revenue mix included mortgage fee income $29,139,245 (prior $30,224,092) and net investment income $20,109,600 (prior $17,799,096).

As of September 30, 2025, total assets were $1,562,986,091 and stockholders’ equity was $365,381,858. Accumulated other comprehensive gain (loss) moved to a gain of $826,844 from a loss of $(6,951,266) at year-end. Cash and cash equivalents were $100,396,059; bank and other loans payable were $123,096,234. Net cash from operations for the nine months was $27,552,994.

The company plans to adopt ASU 2018‑12 for long‑duration insurance contracts at year‑end 2025. It estimates a Transition Date increase to total stockholders’ equity of approximately $4–$6 million as of January 1, 2024, and expects a $3–$4 million reduction in 2024 DAC amortization expense (net of tax).

Security National Financial Corp (SNFCA) director H. Craig Moody reported share and option activity on a Form 4. The filing shows the acquisition of 627 Class A shares via a restricted stock unit vesting event at a price of $13.08, increasing his direct non-derivative holdings to 43,702 shares. The report also details multiple outstanding director stock options and previously granted restricted stock units, which together result in beneficial ownership of 61,276 Class A shares when including exercisable options and RSUs.

The filing documents option grants from 2016–2024 with exercise prices adjusted for stock dividends and vesting/exercise windows ranging through 2033. The newly vested units will be fully vested on 12/31/2025 per the disclosed schedule.

John L. Cook, a director of Security National Financial Corp (SNFCA), filed a Form 4 reporting a 10/01/2025 transaction. The form shows the acquisition of 627 shares of Class A Common Stock with a reported price of $13.08 (transaction code M). The filing also lists multiple outstanding director stock options and restricted stock units granted over 2016–2024 with various exercise prices and vesting or expiration dates, including option lines and RSU grants that show beneficial ownership amounts on-line entries such as 61,276 and 60,649 shares in the table. The Form is signed by Mr. Cook on 10/03/2025.

Security National Financial Corporation reported mixed quarterly results driven by higher investment and mortgage income but lower net earnings and cash flow. Total assets rose to $1.544 billion, supported by an increase in investments to $1.043 billion and growth in mortgage loans held for investment to $324.4 million. Total revenues for the quarter reached $89.54 million and for the six months $172.28 million, while net investment income strengthened to $20.58 million for the quarter.

Profitability softened: net earnings were $6.51 million for the quarter and $10.84 million for six months, down year-over-year, with diluted EPS of $0.25 (quarter) and $0.42 (six months). Operating cash provided fell to $1.90 million for the six months and cash, cash equivalents and restricted cash declined to $92.40 million. Allowances for credit losses increased, and management flagged adoption of new long-duration insurance contract standards that will be effective in the 2025 annual reporting period.

Security National Financial Corp. (SNFCA) – Form 4 insider filing

Director H. Craig Moody reported one transaction dated 07/01/2025:

• 628 shares of Class A Common Stock acquired (Transaction Code M) at a stated price of $13.08 per share, raising his direct ownership to 41,024 shares.
• The acquisition appears to stem from the conversion/vesting of previously granted Restricted Stock Units, as reflected by a matching 628-unit entry in Table II.

Table II also lists the director’s outstanding 57,163 option-equivalent derivative securities and RSUs with exercise prices ranging from $2.99 – $7.59 (options) and $13.08 (RSUs), expiring between 2026-2033. No dispositions were reported.