Security National director adds stock and equity awards
SECURITY NATIONAL FINANCIAL CORP director John L. Cook increased his equity position through awards and an option exercise.
Rhea-AI Filing Summary
SECURITY NATIONAL FINANCIAL CORP director John L. Cook increased his equity position through awards and an option exercise. On July 1, 2026, he exercised derivative rights to acquire 616 shares of Class A Common Stock at $8.53 per share, bringing his direct Class A holdings to 25,136 shares.
On the same date, he also acquired 616 Restricted Stock Units tied to Class A stock at $8.53, as part of ongoing equity incentives. Earlier awards include 1,846 RSUs granted on December 5, 2025 and multiple Director Stock Option grants from 2017–2023 with exercise prices between $2.84 and $7.21 per share.
Positive
- None.
Negative
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Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Cook John L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 616 | $8.53 | $5K |
| Exercise | Class A Common Stock | 616 | $8.53 | $5K |
| Grant/Award | Restricted Stock Unit | 1,846 | $8.53 | $16K |
| Grant/Award | Director Stock Option (right to buy) | 8,820 | $7.21 | $64K |
| Grant/Award | Director Stock Option (right to buy) | 8,104 | $5.56 | $45K |
| Grant/Award | Director Stock Option (right to buy) | 7,293 | $7.02 | $51K |
| Grant/Award | Director Stock Option (right to buy) | 7,850 | $2.84 | $22K |
| Grant/Award | Director Stock Option (right to buy) | 8,242 | $3.91 | $32K |
| Grant/Award | Director Stock Option (right to buy) | 8,657 | $3.76 | $33K |
| Grant/Award | Director Stock Option (right to buy) | 1,514 | $3.27 | $5K |
Holdings After Transaction:
Director Stock Option (right to buy) — 182,057 contracts (Direct);
Restricted Stock Unit — 104,036 contracts (Direct);
Class A Common Stock — 25,136 shares (Direct)
Footnotes (8)
- F1. 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, July 12, 2024 and July 18, 2025.
- F2. This option was granted on November 30, 2018 as an option for 5,000 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, July 12, 2024 and July 18, 2025.
- F3. This option was granted on December 6, 2019 as an option for 5,000 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, July 12, 2024 and July 18, 2025.
- F4. This option was granted on March 27, 2020 as an option for 2,500 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, July 12, 2024 and July 18, 2025.
- F5. 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, July 12, 2024 and July 18, 2025.
- F6. This option was granted on December 2, 2022 as an option for 7,000 shares of Class A Common Stock under 2014 Director Stock Option Plan at an exercise price of $6.48 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 14, 2023, July 12, 2024 and July 18, 2025.
- F7. 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 and July 18, 2025.
- F8. 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 acquired into Class A stock: 616 shares
Exercise price: $8.53 per share
Direct Class A holdings after exercise: 25,136 shares
+5 more
8 metrics
Shares acquired into Class A stock
616 shares
Derivative exercise on July 1, 2026 at $8.53 per share
Exercise price
$8.53 per share
Price for 616 Class A shares exercised on July 1, 2026
Direct Class A holdings after exercise
25,136 shares
Shares owned directly following July 1, 2026 transaction
RSUs acquired on July 1, 2026
616 units
Restricted Stock Units linked to Class A at $8.53
RSUs granted on December 5, 2025
1,846 units
Restricted Stock Units with $8.53 price reference
2023 Director Stock Option grant
8,820 options
Options granted December 1, 2023 at $7.21, expiring December 1, 2033
2022 Director Stock Option grant
8,104 options
Options granted December 2, 2022 at $5.56, expiring December 2, 2032
2018 Director Stock Option grant
8,657 options
Options granted November 30, 2018 at $3.76, expiring November 30, 2028
Key Terms
Restricted Stock Unit, Director Stock Option, anti-dilution provisions, stock dividend, +1 more
5 terms
Restricted Stock Unit financial
"The Form 4 lists Restricted Stock Unit awards tied to Class A Common Stock."
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.
Director Stock Option financial
"Several entries describe a Director Stock Option (right to buy) for Class A shares."
anti-dilution provisions financial
"Footnotes state options were adjusted pursuant to the anti-dilution provisions of the plan."
Anti-dilution provisions are contract terms that protect an investor’s percentage ownership when a company issues new shares at a lower price than the investor originally paid. They work like an automatic recalculation of split pieces when a pie gets cut into more slices, preserving the investor’s relative stake and reducing unexpected losses of ownership and voting power, which matters because it affects potential control, future returns, and valuation of an investment.
stock dividend financial
"Footnotes reference multiple 5% and 2.5% stock dividends affecting option adjustments."
A stock dividend is when a company gives its existing shareholders extra shares instead of cash. It’s like receiving more pieces of the same pie rather than a bigger piece of money, which can increase the number of shares you own but usually doesn’t change the total value of your investment right away. Investors care about it because it can signal the company's growth and affect the stock’s price.
Equity Incentive Plan financial
"Awards were granted under the 2014 Director Stock Option Plan and 2022 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What did Security National (SNFCA) director John L. Cook do in this Form 4?
John L. Cook exercised rights to acquire 616 shares of Class A Common Stock at $8.53 per share and received 616 Restricted Stock Units. These actions increase his equity-based interest without any open‑market share purchases or sales disclosed.
What Restricted Stock Units has John L. Cook received from Security National (SNFCA)?
He received 1,846 Restricted Stock Units on December 5, 2025 and 616 additional units on July 1, 2026, each linked to Class A Common Stock at $8.53. These RSUs are granted under the company’s 2022 Equity Incentive Plan with scheduled vesting.
What stock options has John L. Cook been granted by Security National (SNFCA)?
The Form 4 lists several Director Stock Option grants, including 8,820 options at $7.21 per share on December 1, 2023 and 8,104 options at $5.56 on December 2, 2022, all exercisable for Class A Common Stock with expirations between 2027 and 2033.
Are John L. Cook’s Security National (SNFCA) equity awards adjusted for stock dividends?
Footnotes explain that several Director Stock Option grants were adjusted under plan anti‑dilution provisions to reflect multiple stock dividends, including 5% and 2.5% stock dividends paid between 2018 and 2025, keeping the option economics aligned with Security National’s capital changes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
