Security National Financial (SNFCA) VP and 10% owner reports stock gift

Rhea-AI Filing Summary

Security National Financial Corp insider activity: Vice President, General Counsel, director and 10% owner Andrew Quist reported a gift of 5,005 shares of Class A Common Stock on 12/16/2025 at a price of $9.39 per share. After this transaction, he directly beneficially owned 164,985 shares, which include 57,714 shares of Class A Common Stock and 107,272 shares of Class C Common Stock, and he also indirectly owned 111,191 Class A shares through the 401(k) Retirement Savings Plan. In addition, he held a series of employee stock options on Class A and Class C Common Stock, with exercise prices ranging from $3.27 to $13.67 per share and expiration dates extending through 12/06/2034, totaling 435,891 derivative securities beneficially owned following the reported transactions.

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^*

Quist S. Andrew

(Last) (First) (Middle)

3936 S HALE DR

(Street)

MILLCREEK UT 84124

(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	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President/General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025

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	12/16/2025		G		5,005	D	$9.39	164,985(1)(2)	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
Employee Stock Option (right to buy)	$3.92(3)	12/04/2015	12/03/2025	A			33,393	03/04/2016	12/04/2025	Class A Common Stock	33,393	$3.92	0	D
Employee Stock Option (right to buy)	$4.32(4)	12/02/2016		A		31,803		03/02/2017	12/02/2026	Class A Common Stock	31,803	$4.32	31,803	D
Employee Stock Option (right to buy)	$3.27(5)	12/01/2017		A		30,289		03/01/2018	12/01/2027	Class C Common Stock	30,289	$3.27	62,092	D
Employee Stock Option (right to buy)	$3.76(6)	11/30/2018		A		36,057		02/28/2019	11/30/2028	Class C Common Stock	36,057	$3.76	98,149	D
Employee Stock Option (right to buy)	$7.02(7)	12/03/2021		A		72,931		03/03/2022	12/03/2031	Class C Common Stock	72,931	$7.02	171,080	D
Employee Stock Option (right to buy)	$5.56(8)	12/02/2022		A		92,610		03/02/2023	12/02/2032	Class C Common Stock	92,610	$5.56	263,690	D
Employee Stock Option (right to buy)	$7.21(9)	12/01/2023		A		88,200		03/01/2024	12/01/2033	Class C Common Stock	88,200	$7.21	351,890	D
Employee Stock Option (right to buy)	$13.67(10)	12/06/2024		A		7,298		03/06/2025	12/06/2029	Class C Common Stock	7,298	$13.67	359,188	D
Employee Stock Option (right to buy)	$12.43(11)	12/06/2024		A		76,703		03/06/2025	12/06/2034	Class C Common Stock	76,703	$12.43	435,891	D

Explanation of Responses:

1. Does not include 111,191 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan.

2. Includes 57,714 shares of Class A Common Stock and 107,272 shares of Class C Common Stock.

3. This option was granted on December 4, 2015 as an option for 20,000 shares of Class A Common Stock at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.

4. This option was granted on December 2, 2016 as an option for 20,000 shares of Class A Common Stock at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 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; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.

5. This option was granted on December 1, 2017 as an option for either 20,000 shares of Class A Common Stock or 20,000 shares or Class C Common Stock at an exercise price of $5.05 per share. This option reflects the reporting person's election to have an option for 20,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution provisions of the 2013 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; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.

6. This option was granted on November 30, 2018 as an option for either 25,000 shares of Class A Common Stock or 25,000 shares of Class C Common Stock at an exercise price of $5.52 per share. This option reflects the reporting person's election to have an option for 25,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution provisions of the 2013 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; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.

7. This option was granted on December 3, 2021 as an option for either 60,000 shares of Class A Common Stock or 60,000 shares of Class C Common Stock at an exercise price of $8.62 per share. This option reflects the reporting person's election to have an option for 60,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 08, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.

8. This option was granted on December 2, 2022 as an option for either 80,000 shares of Class A Common Stock or 80,000 shares of Class C Common Stock at an exercise price of $6.48 per share. This option reflects the reporting person's election to have an option for 80,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 14, 2023, July 12, 2024 and July 18, 2025.

9. This option was granted on December 1, 2023 as an option for either 80,000 shares of Class A Common Stock or 80,000 shares of Class C Common Stock at an exercise price of $7.99 per share. This option reflects the reporting person's election to have an option for 80,000 Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 12, 2024 and July 18, 2025.

10. This option was granted on December 6, 2024 as an option for either 6,950 shares of Class A Common Stock or 6,950 shares of Class C Common Stock at an exercise price of $14.39 per share. This option reflects the reporting person's election to have an option for 6,950 Class C Common Stock, but adjusted pursuant to the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 18, 2025.

11. This option was granted on December 6, 2024 as an option for either 73,050 shares of Class A Common Stock or 73,050 shares of Class C Common Stock at an exercise price of $13.08 per share. This option reflects the reporting person's election to have an option for 73,050 Class C Common Stock, but adjusted pursuant to the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 18, 2025.

	/s/ Andrew Quist	12/17/2025
	** 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).
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.

FAQ

What insider transaction did Andrew Quist report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)?

Andrew Quist reported a gift of 5,005 shares of Security National Financial Corp Class A Common Stock on 12/16/2025 at a price of $9.39 per share.

How many SNFCA shares does Andrew Quist own after the reported transaction?

After the transaction, Andrew Quist directly beneficially owned 164,985 shares, consisting of 57,714 Class A and 107,272 Class C shares, and he also indirectly owned 111,191 Class A shares through the 401(k) Retirement Savings Plan.

What is Andrew Quist’s relationship to SECURITY NATIONAL FINANCIAL CORP (SNFCA)?

Andrew Quist is reported as a Director, a 10% Owner, and an Officer, serving as Vice President/General Counsel of Security National Financial Corp.

What derivative securities (stock options) does Andrew Quist hold in SNFCA?

Andrew Quist holds multiple employee stock options on Class A and Class C Common Stock, with exercise prices between $3.27 and $13.67 per share and expiration dates running through 12/06/2034, for a total of 435,891 derivative securities beneficially owned after the reported transactions.

Were the SNFCA stock options adjusted for stock dividends?

Yes. The options described were adjusted under anti-dilution provisions of the company’s 2013 Stock Option Plan and 2022 Equity Incentive Plan to reflect various 5% and 2.5% stock dividends paid between 2016 and 2025.

Does the reported SNFCA Form 4 include indirect share ownership for Andrew Quist?

Yes. The filing notes that the reported direct holdings do not include 111,191 Class A shares that Andrew Quist owns indirectly through the company’s 401(k) Retirement Savings Plan.