Security National (SNFCA) director adds stock units and exercises 616 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SECURITY NATIONAL FINANCIAL CORP director Moody H. Craig reported equity compensation activity rather than open-market trading. On July 1, 2026, he exercised 616 shares of Class A Common Stock at $8.53 per share and held 50,093 shares directly afterward.
He also has restricted stock unit awards, including grants for 1,846 and 616 units at $8.53 per share that vest quarterly and are scheduled to be fully vested by December 31, 2026 under the 2022 Equity Incentive Plan. Earlier director stock options from 2017–2023 remain reflected at adjusted share amounts and exercise prices due to anti-dilution adjustments for multiple stock dividends.
Positive
- None.
Negative
- None.
Insights
Routine director equity grants and one small option exercise, no selling.
The filing shows Moody H. Craig, a director of SECURITY NATIONAL FINANCIAL CORP, engaging solely in equity compensation-related activity. The only common stock movement is exercising 616 shares at $8.53, bringing direct holdings to 50,093 shares, with no sales reported.
The derivative entries are grants of restricted stock units and director stock options awarded over several years, all coded as acquisitions. Footnotes describe anti-dilution adjustments for repeated stock dividends and RSUs vesting quarterly through December 31, 2026. With no dispositions or open-market trades, this looks like standard board compensation reporting, so the impact on an investment thesis is neutral.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
MOODY H. CRAIG
Role
null
| 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:
Restricted Stock Unit — 51,710 shares (Direct, null);
Class A Common Stock — 50,093 shares (Direct, null);
Director Stock Option (right to buy) — 50,480 shares (Direct, null)
Footnotes (1)
- 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. This option was granted on November 30, 2018 as an option for 6,000 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. This option was granted on December 6, 2019 as an option for 6,000 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. This option was granted on March 27, 2020 as an option for 6,000 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. 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. This option was granted on December 2, 2022 as an option for 7,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.48, 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. 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. 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
Common shares exercised: 616 shares at $8.53
Shares held after exercise: 50,093 shares
RSU grant: 1,846 units at $8.53
+4 more
7 metrics
Common shares exercised
616 shares at $8.53
Exercise of Class A Common Stock on July 1, 2026
Shares held after exercise
50,093 shares
Direct Class A Common Stock ownership following July 1, 2026 transaction
RSU grant
1,846 units at $8.53
Restricted Stock Unit award dated December 5, 2025
Additional RSU entry
616 units at $8.53
Restricted Stock Unit transaction dated July 1, 2026
2023 director option grant
8,820 options at $7.21
Director Stock Option award dated December 1, 2023
2022 director option grant
8,104 options at $5.56
Director Stock Option award dated December 2, 2022
RSU vesting schedule
Fully vested by December 31, 2026
RSUs for 2,461 shares vest quarterly under 2022 Equity Incentive Plan
Key Terms
Restricted Stock Unit, Director Stock Option, anti-dilution provisions, Equity Incentive Plan, +1 more
5 terms
Restricted Stock Unit financial
"These restricted stock units were granted on December 5, 2025 for 2,461 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.
Director Stock Option financial
"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"
anti-dilution provisions financial
"but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends"
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.
Equity Incentive Plan financial
"under the 2022 Equity Incentive Plan at a price of $8.53 per share"
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.
stock dividends financial
"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"
FAQ
What did director Moody H. Craig report in this SNFCA Form 4?
Director Moody H. Craig reported one exercise of 616 shares of Class A Common Stock at $8.53 per share and several equity awards. All transactions are classified as acquisitions, with no sales or dispositions reported in this filing.
What restricted stock unit awards for SNFCA are disclosed for Moody H. Craig?
The filing shows restricted stock unit awards for 1,846 and 616 shares of Class A Common Stock at $8.53 per share. Footnotes state these RSUs vest quarterly and are expected to be fully vested by December 31, 2026 under the 2022 Equity Incentive Plan.
What director stock options does Moody H. Craig have according to this Form 4?
The Form 4 lists multiple Director Stock Option awards from 2017–2023, with share amounts like 8,820, 8,104, 7,293, and others. Exercise prices range from about $2.84 to $7.21 per share, adjusted under plan anti-dilution provisions for stock dividends.
Are the SNFCA transactions by Moody H. Craig open-market buys or routine grants?
All reported transactions are coded as acquisitions via option exercises or equity awards, not open-market purchases. The only common stock entry is an option or unit exercise, while the rest are restricted stock units and director stock options granted under company equity plans.
How do stock dividends affect Moody H. Craig’s SNFCA option awards?
Footnotes explain that several director stock options were adjusted under plan anti-dilution provisions to reflect multiple stock dividends between 2018 and 2025. These adjustments increased option share counts and altered effective exercise economics without representing new market purchases or sales.