Form 4: Saul Centers Executive Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Donald A. Hachey, SVP-Chief Construction Officer at Saul Centers, Inc., reported transactions involving common stock and stock options.
Summary
- Donald A. Hachey, SVP-Chief Construction Officer of Saul Centers, Inc., filed a Form 4 detailing stock transactions.
- On May 17, 2026, Hachey acquired 31 shares of common stock at a price of $33 per share, increasing his total holdings to 5,633.8121 shares.
- Additionally, 93 shares were acquired as dividend equivalents on restricted stock awards that vested on May 17, 2026.
- The filing also lists various employee stock options with exercise prices ranging from $33.79 to $59.41, and performance shares with grant dates between 2029 and 2031.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine stock transactions and option grants by an executive, without significant positive or negative financial news.
Positives
- Acquisition of 31 common shares at $33 per share indicates continued investment or compensation.
- Receipt of 93 dividend equivalent shares on vested restricted stock awards suggests a positive return on equity awards.
Future Outlook
The filing details existing employee stock options and performance shares with various grant and expiration dates, indicating ongoing long-term incentive plans.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard for executives and directors to report changes in their beneficial ownership of company stock, providing transparency into insider activity within the REIT sector.
Stakeholder Impact
- Shareholders: Increased transparency into insider holdings and potential future stock sales or acquisitions by management.
- Employees: The stock options and performance shares represent a component of executive compensation and alignment with company performance.
Next Steps
- Continued vesting and potential exercise of employee stock options.
- Performance shares will be subject to vesting conditions and potential payout based on future performance.
Key Dates
| Date | Description |
|---|---|
| 05/05/2017 | Grant date for an employee stock option. |
| 05/11/2018 | Grant date for an employee stock option. |
| 05/03/2019 | Grant date for an employee stock option. |
| 04/24/2020 | Grant date for an employee stock option. |
| 05/07/2021 | Grant date for an employee stock option. |
| 05/13/2022 | Grant date for an employee stock option. |
| 05/12/2023 | Grant date for an employee stock option. |
| 05/17/2026 | Vesting date for restricted stock awards and acquisition of dividend equivalents; Transaction date for acquisition of 31 common shares. |
| 05/05/2027 | Expiration date for an employee stock option. |
| 05/11/2028 | Expiration date for an employee stock option. |
| 05/03/2029 | Expiration date for an employee stock option; Grant date for performance shares. |
| 05/09/2030 | Grant date for performance shares. |
| 04/24/2030 | Expiration date for an employee stock option. |
| 05/07/2031 | Expiration date for an employee stock option; Grant date for performance shares. |
| 05/13/2032 | Expiration date for an employee stock option. |
| 05/12/2033 | Expiration date for an employee stock option. |
| 05/19/2026 | Date of signature on the filing. |
Keywords
Form 4, SEC Filing, Saul Centers, BFS, Stock Transaction, Beneficial Ownership, Executive Compensation, Stock Options, Restricted Stock, Donald Hachey
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.