SNFCA counsel exercises options, receives RSU awards
SECURITY NATIONAL FINANCIAL CORP General Counsel and Corporate Secretary Jeffrey Russell Stephens reported equity compensation activity in the company’s Class A Common Stock.
Rhea-AI Filing Summary
SECURITY NATIONAL FINANCIAL CORP General Counsel and Corporate Secretary Jeffrey Russell Stephens reported equity compensation activity in the company’s Class A Common Stock. He exercised a derivative security to acquire 888 shares at $8.53 per share, bringing his directly held common stock to 37,123 shares.
He also received two Restricted Stock Unit awards. One covers 888 RSUs and another, granted on December 5, 2025, covers 3,549 RSUs tied to Class A Common Stock at $8.53 per share under the 2022 Equity Incentive Plan. These units vest quarterly and will be fully vested on December 31, 2026. The report notes an additional 127,840 Class A shares owned indirectly through a 401(k) Retirement Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Stephens Jeffrey Russell
Role
Gen. Counsel & Corp. Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 888 | $8.53 | $8K |
| Exercise | Class A Common Stock | 888 | $8.53 | $8K |
| Grant/Award | Restricted Stock Unit | 2,662 | $8.53 | $23K |
Holdings After Transaction:
Restricted Stock Unit — 4,436 contracts (Direct);
Class A Common Stock — 37,123 shares (Direct)
Footnotes (2)
- F1. Does not include 127,840 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan.
- F2. These restricted stock units were granted on December 5, 2025 for 3,549 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
Common shares acquired via exercise: 888 shares at $8.53/share
Direct common shares after exercise: 37,123 shares
RSU grant size (Dec. 5, 2025): 3,549 RSUs at $8.53/share
+3 more
6 metrics
Common shares acquired via exercise
888 shares at $8.53/share
Class A Common Stock derivative exercise on July 1, 2026
Direct common shares after exercise
37,123 shares
Class A Common Stock held directly after reported transactions
RSU grant size (Dec. 5, 2025)
3,549 RSUs at $8.53/share
Restricted Stock Units under 2022 Equity Incentive Plan
Additional RSUs reported
888 RSUs
Restricted Stock Unit transaction dated July 1, 2026
Indirect retirement plan holdings
127,840 shares
Class A Common Stock in 401(k) Retirement Savings Plan
RSU vesting end date
December 31, 2026
3,549 RSUs vest quarterly until fully vested
Key Terms
Restricted Stock Unit, 2022 Equity Incentive Plan, Class A Common Stock, 401(k) Retirement Savings Plan
4 terms
Restricted Stock Unit financial
"These restricted stock units were granted on December 5, 2025 for 3,549 shares of 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.
2022 Equity Incentive Plan financial
"These restricted stock units were granted ... under the 2022 Equity Incentive Plan at a price of $8.53 per share."
Class A Common Stock financial
"These restricted stock units were granted ... for 3,549 shares of Class A Common Stock under the 2022 Equity Incentive Plan..."
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.
401(k) Retirement Savings Plan financial
"Does not include 127,840 shares of Class A Common Stock owned indirectly ... in the 401(k) Retirement Savings Plan."
FAQ
What insider transactions did SNFCA’s Jeffrey Russell Stephens report on this Form 4?
He reported equity compensation activity, including exercising a derivative to acquire 888 shares of Class A Common Stock at $8.53 per share and receiving Restricted Stock Unit awards tied to the same stock under a company equity incentive plan.
What Restricted Stock Units were granted to SNFCA’s General Counsel in this filing?
He received Restricted Stock Unit awards including a grant dated December 5, 2025 for 3,549 RSUs of Class A Common Stock at $8.53 per share under the 2022 Equity Incentive Plan, plus an additional 888 RSUs reported in the current transactions.
When do Jeffrey Russell Stephens’ SNFCA Restricted Stock Units fully vest?
The RSUs granted on December 5, 2025 vest quarterly and will be fully vested on December 31, 2026. Quarterly vesting spreads recognition of the award over time, aligning continued service with the release of underlying Class A Common Stock.
What is the exercise or grant price used for the SNFCA equity awards in this Form 4?
Both the exercised derivative security for 888 common shares and the Restricted Stock Unit grants, including 3,549 RSUs, reference a price of $8.53 per share. This price is used as the conversion or award value for the Class A Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
