Form 4: Saul Centers Inc. Vice Chair Reports Stock Transactions
SEC Form 4 Filing
Patricia Saul Lotuff, Vice Chair of Saul Centers Inc., reports acquisition and disposal of common stock related to dividend equivalents and tax withholding.
Summary
- On May 17, 2025, Patricia Saul Lotuff, Vice Chair of Saul Centers, Inc., engaged in transactions involving the company's common stock.
- She disposed of 152 shares to cover tax obligations at a price of $34.39 per share.
- Lotuff also acquired 18 shares as dividend equivalents on her restricted stock award, which vested on the same date, at a price of $34.39 per share.
- Following these transactions, Lotuff directly owns 20,223.528 shares of Saul Centers, Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral as the filing simply reports routine stock transactions related to compensation and tax obligations. There is no indication of positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they involve a small number of shares and are related to standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 05/12/2023 | Date director stock options were granted. |
| 05/17/2025 | Date of stock transactions (disposal and acquisition) and vesting of restricted stock award. |
| 05/17/2029 | Expiration date for 2,000 performance shares. |
| 05/09/2030 | Expiration date for 1,600 performance shares. |
| 05/12/2033 | Expiration date for director stock options. |
| 05/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Dividend Equivalents, Restricted Stock, Saul Centers Inc., Lotuff, BFS
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