Form 4: Saul Centers Inc. Executive Lori Godby Reports Stock Disposal
SEC Form 4
Lori Godby, Senior Vice President at Saul Centers Inc., reports disposing of 34 shares of common stock to cover tax obligations.
Summary
- On May 17, 2025, Lori Godby, Senior Vice President at Saul Centers, Inc., disposed of 34 shares of common stock.
- The transaction was related to tax obligations, with shares disposed of at a price of $34.39.
- Following the transaction, Godby directly owns 1,116 shares of Saul Centers, Inc.
- Godby also holds options to purchase 15,000 shares of common stock, vesting over four years from the grant dates in 2021, 2022 and 2023.
- She also holds 900 performance shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 05/07/2021 | Date of grant for employee stock options exercisable from this date, vesting 25% per year over four years, expiring 05/07/2031. |
| 05/13/2022 | Date of grant for employee stock options exercisable from this date, vesting 25% per year over four years, expiring 05/13/2032. |
| 05/12/2023 | Date of grant for employee stock options exercisable from this date, vesting 25% per year over four years, expiring 05/12/2033. |
| 05/17/2025 | Date of transaction: Disposal of 34 shares of common stock. |
| 05/17/2029 | Expiration date for performance shares. |
| 05/09/2030 | Expiration date for performance shares. |
| 05/07/2031 | Expiration date for employee stock options granted on 05/07/2021. |
| 05/13/2032 | Expiration date for employee stock options granted on 05/13/2022. |
| 05/12/2033 | Expiration date for employee stock options granted on 05/12/2023. |
Keywords
Form 4, Beneficial Ownership, Insider Trading, Stock Disposal, SAUL CENTERS, INC., BFS, Lori Godby, Equity Securities
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.