Form 4: Saul Centers Director Acquires Shares and Options in Recent Filing
SEC Form 4
Mark Sullivan III, a director at Saul Centers, Inc., reports the acquisition of common stock and continued ownership of derivative securities in a recent SEC filing.
Summary
- On May 9, 2025, Mark Sullivan III, a director of Saul Centers, Inc. [BFS], acquired 2,000 shares of common stock.
- Sullivan also holds direct ownership of 8,510.323 shares of common stock in an IRA and 1,463.092 shares in a SEP IRA.
- He indirectly owns 800 shares as co-trustee of a trust for his brother and his brother's children, but disclaims beneficial ownership.
- The filing also details Sullivan's ownership of various director stock options with exercise prices ranging from $33.79 to $59.41, all expiring between 2026 and 2033, each for 2,500 shares of common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard filing showing a director's stock acquisition and option holdings. While insider buying can be seen as positive, it's not overwhelmingly so in this context.
Positives
- The acquisition of 2,000 shares by a director could be interpreted as a positive signal about the director's confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/06/2016 | Date of director stock option grant with an exercise price of $57.74 and expiration on 05/06/2026. |
| 05/05/2017 | Date of director stock option grant with an exercise price of $59.41 and expiration on 05/05/2027. |
| 05/11/2018 | Date of director stock option grant with an exercise price of $49.46 and expiration on 05/11/2028. |
| 05/03/2019 | Date of director stock option grant with an exercise price of $55.71 and expiration on 05/03/2029. |
| 04/24/2020 | Date of director stock option grant with an exercise price of $50 and expiration on 04/24/2030. |
| 05/07/2021 | Date of director stock option grant with an exercise price of $43.89 and expiration on 05/07/2031. |
| 05/13/2022 | Date of director stock option grant with an exercise price of $47.9 and expiration on 05/13/2032. |
| 05/12/2023 | Date of director stock option grant with an exercise price of $33.79 and expiration on 05/12/2033. |
| 05/09/2025 | Date of the transaction where Mark Sullivan III acquired 2,000 shares of common stock. |
| 05/13/2025 | Date of signature for the filing. |
Keywords
Form 4, Beneficial Ownership, Director, Stock Options, Common Stock, Saul Centers, Acquisition
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