Form 4: Security National Financial Corp: CFO Garrett S. Sill Acquires Shares and Holds Options
SEC Form 4
Garrett S. Sill, CFO of Security National Financial Corp, acquired 7,858 shares of Class A Common Stock and holds various employee stock options.
Summary
- On July 3, 2024, Garrett S. Sill, the Chief Financial Officer of Security National Financial Corp, acquired 7,858 shares of Class A Common Stock at a price of $8.11 per share.
- Following this transaction, Sill directly owns 59,282 shares of Class A Common Stock.
- Sill also holds multiple employee stock options for Class A and Class C Common Stock with varying exercise prices and expiration dates.
- These options were granted between December 2014 and December 2023.
- The options vest in quarterly installments.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CFO's acquisition of shares suggests confidence, but it's a routine transaction.
Positives
- The acquisition of shares by the CFO could be interpreted as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company buy or sell the company's securities, providing transparency to the market.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/05/2014 | Date of grant for employee stock option with exercise price of $3.1. |
| 03/05/2015 | First exercisable date for employee stock option granted on 12/05/2014. |
| 12/01/2017 | Date of grant for employee stock option with exercise price of $3.62. |
| 03/01/2018 | First exercisable date for employee stock option granted on 12/01/2017. |
| 11/30/2018 | Date of grant for employee stock option with exercise price of $4.17. |
| 02/28/2019 | First exercisable date for employee stock option granted on 11/30/2018. |
| 12/06/2019 | Date of grant for employee stock option with exercise price of $4.34. |
| 03/06/2020 | First exercisable date for employee stock option granted on 12/06/2019. |
| 03/27/2020 | Date of grant for employee stock option with exercise price of $3.15. |
| 06/27/2020 | First exercisable date for employee stock option granted on 03/27/2020. |
| 12/03/2021 | Date of grant for employee stock option with exercise price of $7.78. |
| 03/03/2022 | First exercisable date for employee stock option granted on 12/03/2021. |
| 12/02/2022 | Date of grant for employee stock option with exercise price of $6.16. |
| 03/02/2023 | First exercisable date for employee stock option granted on 12/02/2022. |
| 12/01/2023 | Date of grant for employee stock option with exercise price of $7.99. |
| 03/01/2024 | First exercisable date for employee stock option granted on 12/01/2023. |
| 07/03/2024 | Date of transaction: CFO Garrett S. Sill acquired 7,858 shares of Class A Common Stock. |
| 12/05/2024 | Expiration date for employee stock option granted on 12/05/2014. |
| 12/01/2027 | Expiration date for employee stock option granted on 12/01/2017. |
| 11/30/2028 | Expiration date for employee stock option granted on 11/30/2018. |
| 12/06/2029 | Expiration date for employee stock option granted on 12/06/2019. |
| 03/27/2030 | Expiration date for employee stock option granted on 03/27/2020. |
| 12/03/2031 | Expiration date for employee stock option granted on 12/03/2021. |
| 12/02/2032 | Expiration date for employee stock option granted on 12/02/2022. |
| 12/01/2033 | Expiration date for employee stock option granted on 12/01/2023. |
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