Security National Financial (SNFCA) director sells 10,000 shares, retains stake

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Security National Financial Corp director Gilbert A. Fuller reported mixed equity activity. He completed an open-market sale of 10,000 shares of Class A Common Stock at $9.45 per share, and after this sale he directly held 31,973 shares.

The filing also notes a prior grant of restricted stock units on December 5, 2025 under the company’s 2022 Equity Incentive Plan at $8.53 per unit, vesting quarterly until full vesting on December 31, 2026, highlighting ongoing equity-based compensation alongside the recent share sale.

Insider Trade Summary

Net Seller: 10,000 shares ($94,500)

Net Sell 2 txns

Insider FULLER GILBERT A

Role Director

Sold 10,000 shs ($95K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	10,000	$9.45	$95K
Grant/Award	Restricted Stock Unit	1,846	$8.53	$16K

Holdings After Transaction: Class A Common Stock — 31,973 shares (Direct); Restricted Stock Unit — 1,846 shares (Direct)

Footnotes (1)

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Key Figures

Shares sold: 10,000 shares Sale price: $9.45 per share Shares held after sale: 31,973 shares +2 more

5 metrics

Shares sold 10,000 shares Open-market sale of Class A Common Stock

Sale price $9.45 per share Price for 10,000-share open-market sale

Shares held after sale 31,973 shares Direct Class A Common Stock ownership post-transaction

RSU grant price $8.53 per unit Restricted stock units granted December 5, 2025

RSU vesting end date December 31, 2026 Restricted stock units fully vested by this date

Key Terms

Class A Common Stock, Restricted Stock Unit, 2022 Equity Incentive Plan, open-market sale

4 terms

Class A Common Stock financial

"10,000 shares of Class A Common Stock at $9.45 per share"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Restricted Stock Unit financial

"These restricted stock units were granted on December 5, 2025"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

2022 Equity Incentive Plan financial

"under the 2022 Equity Incentive Plan at a price of $8.53"

open-market sale financial

"transaction_action":"open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

04/07/2026 - 05:33 PM

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^*

FULLER GILBERT A

(Last)

(First)

(Middle)

55 WANDERWOOD WAY

(Street)

SANDY

UTAH

84092

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/07/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/07/2026	04/07/2026	S		10,000	D	$9.45	31,973	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	$8.53⁽¹⁾	12/05/2025		A		1,846		04/01/2026	12/31/2026	Class A Common Stock	1,846	$8.53	1,846	D

Explanation of Responses:

1. These restricted stock units were granted on December 5, 2025 for 2,461 shares of Class A Common Stock under the 2022 Equity Incentive Plan at a price of $8.53 per share. The units granted vest quarterly, and will be fully vested on December 31, 2026.

	/s/ Gilbert A. Fuller	04/07/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Gilbert A. Fuller report in this SNFCA Form 4 filing?

Gilbert A. Fuller reported an open-market sale of 10,000 shares of Class A Common Stock. He also disclosed previously granted restricted stock units that vest quarterly under the 2022 Equity Incentive Plan, reflecting both a reduction and ongoing build-up of his equity exposure.

How many SECURITY NATIONAL FINANCIAL (SNFCA) shares did Fuller sell?

Fuller sold 10,000 shares of Class A Common Stock in an open-market transaction at $9.45 per share. This single sale is the only reported stock disposition in the filing and is characterized as an open-market sale rather than a tax or administrative transaction.

How many SNFCA shares does Fuller hold after the reported sale?

After selling 10,000 shares, Fuller directly holds 31,973 shares of Class A Common Stock. This post-transaction holding figure comes from the Form 4 and shows that he retains a meaningful equity stake in Security National Financial Corp following the reported transaction.

What equity awards to Fuller are described in the SNFCA Form 4?

The filing describes restricted stock units granted on December 5, 2025 under the 2022 Equity Incentive Plan at $8.53 per unit. These units vest quarterly and are expected to be fully vested by December 31, 2026, providing Fuller with ongoing equity compensation over time.

Was Fuller’s SNFCA stock transaction a purchase or a sale?

The primary stock transaction disclosed is a sale. Fuller executed an open-market sale of 10,000 shares of Class A Common Stock at $9.45 per share, while the derivative transaction reflects a prior grant of restricted stock units, which is a compensation-related acquisition.

How are Fuller’s restricted stock units in SNFCA structured?

Fuller’s restricted stock units were granted under the 2022 Equity Incentive Plan at $8.53 per unit and vest quarterly. According to the disclosure, these units will be fully vested by December 31, 2026, aligning his compensation with the company’s long-term performance.