Form 4 for BFS SAUL CENTERS, INC.
Accepted 2026-03-12 00:00:00 ET · period of report 2026-03-11 · accession 0000907254-26-000008 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-03-12 | 2026-03-11 | BFS | Heard Carlos Lawrence | SVP, CFO | M - OptEx | $0.00 | +800 | 5,531 | +17% | $0 |
| D | 2026-03-12 | 2026-03-11 | BFS | Heard Carlos Lawrence | SVP, CFO | A - Grant | $0.00 | +400 | 5,931 | +7% | $0 |
| DM | 2026-03-12 | 2026-03-11 | BFS | Heard Carlos Lawrence | SVP, CFO | M - OptEx | $0.00 | -800 | 1,600 | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2026-03-11 | M | A | 800 | $0.00 | 5,530.84 | D | — | — | (F1) Represents restricted shares of Common Stock. Fifty percent (50%) of the shares vest on May 17, 2029, and the remaining fifty percent (50%) vest on May 9, 2030, subject to the reporting persons continued employment through the applicable vesting dates. (F2) Balance increased by January 31, 2026 Dividend Reinvestment Plan award of 5.659 shares. |
| 2 | Common | Common Stock | 2026-03-11 | A | A | 400 | $0.00 | 5,930.84 | D | — | — | (F3) Represents additional restricted shares of Common Stock earned based on the achievement of performance criteria with respect to a performance period commencing on January 1, 2025 and ending on December 31, 2025. Fifty percent (50%) of the shares vest on May 17, 2029, and the remaining fifty percent (50%) vest on May 9, 2030, subject to the reporting persons continued employment through the applicable vesting dates. |
| 3 | Derivative | Performance Shares | 2026-03-11 | M | D | 400 | $0.00 | 1,200 | D | $0.00 · 2029-05-17 to 2029-05-17 | 400 Common Stock | |
| 4 | Derivative | Performance Shares | 2026-03-11 | M | D | 400 | $0.00 | 1,600 | D | $0.00 · 2030-05-09 to 2030-05-09 | 400 Common Stock |