Security National counsel granted RSUs, exercises shares
SECURITY NATIONAL FINANCIAL CORP general counsel and corporate secretary Jeffrey Russell Stephens reported equity compensation activity and a related share issuance.
Rhea-AI Filing Summary
SECURITY NATIONAL FINANCIAL CORP general counsel and corporate secretary Jeffrey Russell Stephens reported equity compensation activity and a related share issuance. On December 5, 2025, he was granted 3,549 restricted stock units for Class A Common Stock at $8.53 per share, vesting quarterly until fully vested on December 31, 2026. On April 1, 2026, he received an additional grant of 887 restricted stock units and exercised derivative rights to acquire 887 shares of Class A Common Stock. Following the April transaction, he directly holds 36,235 shares of Class A Common Stock, and the filing notes a further 127,080 shares held 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 | 887 | $8.53 | $8K |
| Exercise | Class A Common Stock | 887 | $8.53 | $8K |
| Grant/Award | Restricted Stock Unit | 3,549 | $8.53 | $30K |
Holdings After Transaction:
Restricted Stock Unit — 6,211 contracts (Direct);
Class A Common Stock — 36,235 shares (Direct)
Footnotes (2)
- F1. Does not include 127,080 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
RSU grant 2025: 3,549 units at $8.53
RSU grant 2026: 887 units at $8.53
Shares acquired: 887 shares
+3 more
6 metrics
RSU grant 2025
3,549 units at $8.53
Restricted stock units granted Dec. 5, 2025; Class A Common Stock
RSU grant 2026
887 units at $8.53
Restricted stock units granted Apr. 1, 2026; Class A Common Stock
Shares acquired
887 shares
Class A Common Stock acquired via derivative exercise on Apr. 1, 2026
Direct holdings after
36,235 shares
Class A Common Stock directly owned following Apr. 1, 2026 transaction
Indirect 401(k) holdings
127,080 shares
Class A Common Stock owned indirectly in 401(k) Retirement Savings Plan
RSU vesting end date
December 31, 2026
3,549-unit RSU grant vests quarterly until this date
Key Terms
Restricted Stock Unit, Class A Common Stock, 2022 Equity Incentive Plan, 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"
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.
Class A Common Stock financial
"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.
2022 Equity Incentive Plan financial
"under the 2022 Equity Incentive Plan at a price of $8.53 per share"
401(k) Retirement Savings Plan financial
"shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SNFCA’s general counsel report on this Form 4?
Jeffrey Russell Stephens reported grants and an exercise of equity awards. He received restricted stock units and exercised derivative rights to acquire 887 shares of Class A Common Stock, reflecting compensation-related equity activity rather than open-market buying or selling.
How many restricted stock units did SNFCA’s Jeffrey Stephens receive and when?
He was granted 3,549 restricted stock units on December 5, 2025, and 887 additional units on April 1, 2026. Both awards relate to Class A Common Stock and were priced at $8.53 per share under the company’s 2022 Equity Incentive Plan.
What are the vesting terms for the 3,549 SNFCA restricted stock units?
The 3,549 restricted stock units granted on December 5, 2025 vest quarterly and will be fully vested on December 31, 2026. This schedule spreads the equity compensation over time, aligning continued service with the delivery of Class A Common Stock shares.
Were any of Jeffrey Stephens’ SNFCA transactions open-market buys or sells?
No open-market purchases or sales are reported. The filing shows equity compensation events: grants of restricted stock units and an exercise or conversion to acquire Class A Common Stock, without any separate open-market buy or sell codes disclosed in the transactions.
Under which plan were the SNFCA restricted stock units granted to Jeffrey Stephens?
The 3,549 restricted stock units were granted under the company’s 2022 Equity Incentive Plan at a price of $8.53 per share. This plan provides equity-based compensation in the form of restricted stock units tied to Class A Common Stock for eligible participants.
AI-generated analysis. How Rhea-AI works. Not financial advice.
