Security National director sells 10,000 SNFCA shares
Security National Financial Corp director Gilbert A. Fuller reported mixed equity activity.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares
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:
Restricted Stock Unit — 1,846 contracts (Direct);
Class A Common Stock — 31,973 shares (Direct)
Footnotes (1)
- F1. 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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
