Form 4: Saul Centers Director H. Gregory Platts Acquires 2,000 Shares of Common Stock
SEC Form 4 Filing
Director H. Gregory Platts acquired 2,000 shares of Saul Centers, Inc. common stock on May 17, 2024, and holds options for an additional 22,500 shares.
Summary
- On May 17, 2024, H. Gregory Platts, a director of Saul Centers, Inc., acquired 2,000 shares of common stock.
- The shares were acquired at a price of $0.
- Following the transaction, Platts directly owns 4,900 shares of common stock.
- Platts also holds options to purchase 22,500 shares of common stock through director stock option grants with various exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine insider transaction. The director's purchase is a mildly positive signal, but not significantly impactful on its own.
Positives
- A director's acquisition of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for signals about management's confidence in the company's prospects.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/08/2015 | Date of Director Stock Option grant with an exercise price of $51.07 and expiration date of 05/08/2025. |
| 05/06/2016 | Date of Director Stock Option grant with an exercise price of $57.74 and expiration date of 05/06/2026. |
| 05/05/2017 | Date of Director Stock Option grant with an exercise price of $59.41 and expiration date of 05/05/2027. |
| 05/11/2018 | Date of Director Stock Option grant with an exercise price of $49.46 and expiration date of 05/11/2028. |
| 05/03/2019 | Date of Director Stock Option grant with an exercise price of $55.71 and expiration date of 05/03/2029. |
| 04/24/2020 | Date of Director Stock Option grant with an exercise price of $50 and expiration date of 04/24/2030. |
| 05/07/2021 | Date of Director Stock Option grant with an exercise price of $43.89 and expiration date of 05/07/2031. |
| 05/13/2022 | Date of Director Stock Option grant with an exercise price of $47.9 and expiration date of 05/13/2032. |
| 05/12/2023 | Date of Director Stock Option grant with an exercise price of $33.79 and expiration date of 05/12/2033. |
| 05/17/2024 | Date of transaction where H. Gregory Platts acquired 2,000 shares of common stock. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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