[Form 4] Security National Financial Co Insider Trading Activity

Rhea-AI Filing Summary

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.

Positive

• Director increased his direct stake by 628 shares with no accompanying sales, signaling confidence.

Negative

• None.

Insights

Financial Analyst

TL;DR – Routine insider option exercise; modest bullish signal, limited market impact.

The Form 4 shows a director converting 628 RSUs/options at $13.08, increasing his direct stake to 41,024 shares. No shares were sold, suggesting confidence rather than liquidity-driven selling. However, the dollar value (~$8k) and share count are immaterial relative to typical trading volumes, so immediate price impact should be minimal. The filing does confirm substantial unexercised options (57,163), which could become dilutive over time but are already disclosed in prior equity plans. Overall, the event is neutral-to-slightly positive for sentiment but not financially material.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MOODY H. CRAIG

(Last) (First) (Middle)

11892 SOUTH BROOKGLEN DRIVE

(Street)

SANDY UT 84092

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SECURITY NATIONAL FINANCIAL CORP [ SNFCA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/01/2025	07/01/2025	M		628	A	$13.08	41,024	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Director Stock Option (right to buy)	$4.55(1)	12/02/2016		A		7,573		03/02/2017	12/02/2026	Class A Common Stock	7,573	$4.55	7,573	D
Director Stock Option (right to buy)	$4.76(2)	12/07/2016		A		1,514		03/07/2017	12/07/2026	Class A Common Stock	1,514	$4.76	9,087	D
Director Stock Option (right to buy)	$3.44(3)	12/01/2017		A		1,442		03/01/2018	12/01/2027	Class A Common Stock	1,442	$3.44	10,529	D
Director Stock Option (right to buy)	$3.96(4)	11/30/2018		A		8,244		02/28/2019	11/30/2028	Class A Common Stock	8,244	$3.96	18,773	D
Director Stock Option (right to buy)	$4.12(5)	12/06/2019		A		7,850		03/06/2020	12/06/2029	Class A Common Stock	7,850	$4.12	26,623	D
Director Stock Option (right to buy)	$2.99(6)	03/27/2020		A		7,476		06/27/2020	03/27/2030	Class A Common Stock	7,476	$2.99	34,099	D
Director Stock Option (right to buy)	$7.39(7)	12/03/2021		A		6,946		03/03/2022	12/03/2031	Class A Common Stock	6,946	$7.39	41,045	D
Director Stock Option (right to buy)	$5.85(8)	12/02/2022		A		7,718		03/02/2023	12/02/2032	Class A Common Stock	7,718	$5.85	48,763	D
Director Stock Option (right to buy)	$7.59(9)	12/01/2023		A		8,400		03/01/2024	12/01/2033	Class A Common Stock	8,400	$7.59	57,163	D
Restricted Stock Unit	$13.08(10)	12/06/2024		A		1,882		04/01/2025	12/31/2025	Class A Common Stock	1,882	$13.08	59,045	D
Restricted Stock Unit	$13.08(10)	07/01/2025		A			628	04/01/2025	12/31/2025	Class A Common Stock	628	$13.08	58,417	D

Explanation of Responses:

1. This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.

2. This option was granted on December 7, 2016 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.36 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.

3. This option was granted on December 1, 2017 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.

4. This option was granted on November 30, 2018 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.

5. This option was granted on December 6, 2019 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.

6. This option was granted on March 27, 2020 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $3.76 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020, a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023 and July 12, 2024.

7. This option was granted on December 3, 2021 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $8.62 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on July 8, 2022, July 14, 2023 and July 12, 2024.

8. This option was granted on December 2, 2022 as an option for 7,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.48, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on July 14, 2023 and July 12, 2024.

9. This option was granted on December 1, 2023 as an option for 8,000 shares of Class A Common Stock under the 2022 Equity Incentive Plan at an exercise price of $7.99 per share, but adjusted pursuant to the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 12, 2024.

10. These restricted stock units were granted on December 6, 2024 for 2,509 shares of Class A Common Stock under the 2022 Equity Incentive Plan at a price of $13.08 per share. The units granted vest quarterly, and will be fully vested on December 31, 2025.

	/s/ H. Craig Moody	07/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

How many SNFCA shares did Director H. Craig Moody acquire?

He acquired 628 Class A shares on 07/01/2025.

At what price were the shares acquired?

The reported conversion price was $13.08 per share.

What is the director's total direct ownership after the transaction?

His direct holdings increased to 41,024 shares.

Were any shares sold in this Form 4 filing?

No. The filing reports only an acquisition; no dispositions are listed.

Does the filing reveal additional derivative securities held?

Yes. The director holds 57,163 options/RSUs with exercise prices between $2.99 and $13.08, expiring 2026-2033.