Form 4: Director John L. Cook Acquires SNFCA Stock
Statement of Changes in Beneficial Ownership
Director John L. Cook reported a transaction involving the acquisition of 616 shares of Class A Common Stock in SECURITY NATIONAL FINANCIAL CORP.
Summary
- John L. Cook, a Director at SECURITY NATIONAL FINANCIAL CORP. (SNFCA), acquired 616 shares of Class A Common Stock on July 1, 2026.
- The acquisition was made at a price of $8.53 per share.
- This transaction increases Cook's direct beneficial ownership of SNFCA Class A Common Stock.
- The filing also details various stock options and restricted stock units previously granted to Mr. Cook, with exercise prices ranging from $3.27 to $7.21 and vesting dates extending through December 31, 2033 for options and December 31, 2026 for RSUs.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine insider transaction without providing new financial performance data or strategic outlook.
Positives
- Director acquisition of company stock can signal confidence in the company's future prospects.
- The acquisition of 616 shares at $8.53 per share indicates a direct investment by a key insider.
Future Outlook
The filing does not contain forward-looking statements or guidance. It solely reports a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that insider transactions, such as this stock acquisition by a director, are closely watched by the market as potential indicators of management's view on the company's valuation and future performance. Such transactions can provide valuable insights into the company's internal sentiment.
Stakeholder Impact
- Shareholders may view the director's stock purchase as a positive signal of confidence in the company's value.
- The transaction has no immediate direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 07/01/2026 | Transaction Date for acquisition of Class A Common Stock and Restricted Stock Unit grant. |
| 12/01/2017 | Grant date for Director Stock Option (right to buy) with exercise price of $3.27. |
| 11/30/2018 | Grant date for Director Stock Option (right to buy) with exercise price of $3.76. |
| 12/06/2019 | Grant date for Director Stock Option (right to buy) with exercise price of $3.91. |
| 03/27/2020 | Grant date for Director Stock Option (right to buy) with exercise price of $2.84. |
| 12/03/2021 | Grant date for Director Stock Option (right to buy) with exercise price of $7.02. |
| 12/02/2022 | Grant date for Director Stock Option (right to buy) with exercise price of $5.56. |
| 12/01/2023 | Grant date for Director Stock Option (right to buy) with exercise price of $7.21. |
| 12/05/2025 | Grant date for Restricted Stock Unit with price of $8.53. |
| 07/07/2026 | Date of signature for the filing. |
Keywords
SEC Form 4, Insider Trading, Stock Acquisition, SECURITY NATIONAL FINANCIAL CORP, SNFCA, Director, Class A Common Stock, Beneficial Ownership
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