Form 4: SEC Form 4: Stephens Acquires SNFCA Shares

Jeffrey Russell Stephens, General Counsel & Corp. Sec. of Security National Financial Corp., reported a transaction involving the acquisition of Class A Common Stock.

Summary

• Jeffrey Russell Stephens, in his role as General Counsel & Corp. Sec. of Security National Financial Corp. (SNFCA), reported a transaction on July 1, 2026.
• The transaction involved the acquisition of 888 shares of Class A Common Stock at a price of $8.53 per share.
• This acquisition brings the total directly owned Class A Common Stock to 37,123 shares.
• Additionally, the filing notes that 2,662 restricted stock units were granted on December 5, 2025, under the 2022 Equity Incentive Plan, vesting quarterly and fully vesting by December 31, 2026.
• A further 888 restricted stock units were acquired on July 1, 2026, also vesting by December 31, 2026.
• The reporting person also indirectly owns 127,840 shares of Class A Common Stock through the 401(k) Retirement Savings Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a standard insider transaction without indicating significant positive or negative developments for the company.

Positives

• Insider acquisition of company stock at the stated price, which can signal confidence in the company's future.
• Vesting of restricted stock units indicates continued commitment and potential future share ownership.

Future Outlook

The filing does not contain forward-looking statements or guidance. It solely reports on past transactions and existing beneficial ownership.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The acquisition of shares by a General Counsel and Corporate Secretary at the stated price of $8.53 per share is a common event for companies with equity-based compensation plans.

Stakeholder Impact

• Shareholders: The acquisition by an executive may be viewed positively as a sign of confidence, but the impact is likely minimal given the nature of the transaction as part of compensation.
• Employees: The mention of restricted stock units and the 401(k) plan highlights the company's use of equity-based incentives for employees and executives.
• Management: The filing directly involves a key management member, Jeffrey Russell Stephens, in his official capacity.

Key Dates

Keywords

SEC Form 4, Insider Trading, Stock Acquisition, Class A Common Stock, Restricted Stock Units, Security National Financial Corp, SNFCA, Beneficial Ownership, Executive Compensation