Form 4: Security National Financial Corp Director Acquires Shares and Holds Stock Options
SEC Form 4
Director H. Craig Moody acquired 5,887 shares of Class A Common Stock at $8.09 per share and holds a significant number of stock options.
Summary
- On June 6, 2024, H. Craig Moody, a director of Security National Financial Corp, acquired 5,887 shares of Class A Common Stock at a price of $8.09 per share.
- Following this transaction, Moody directly owns 35,191 shares of Class A Common Stock.
- Moody also holds multiple director stock options granted between December 2014 and December 2023, with exercise prices ranging from $3.10 to $7.99.
- These options represent the right to buy a total of 63,528 shares of Class A Common Stock.
- The options vest quarterly and expire between December 2024 and December 2033.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of a director's stock acquisition and option holdings. The acquisition could be seen as slightly positive, but it's not a major event.
Positives
- The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The director's stock acquisition may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/05/2014 | Grant date of first stock option listed |
| 03/05/2015 | First exercisable date of first stock option listed |
| 12/07/2014 | Grant date of second stock option listed |
| 03/07/2015 | First exercisable date of second stock option listed |
| 12/04/2015 | Grant date of third stock option listed |
| 03/04/2016 | First exercisable date of third stock option listed |
| 12/07/2015 | Grant date of fourth stock option listed |
| 03/07/2016 | First exercisable date of fourth stock option listed |
| 12/02/2016 | Grant date of fifth stock option listed |
| 03/02/2017 | First exercisable date of fifth stock option listed |
| 12/07/2016 | Grant date of sixth stock option listed |
| 03/07/2017 | First exercisable date of sixth stock option listed |
| 12/01/2017 | Grant date of seventh stock option listed |
| 03/01/2018 | First exercisable date of seventh stock option listed |
| 11/30/2018 | Grant date of eighth stock option listed |
| 02/28/2019 | First exercisable date of eighth stock option listed |
| 12/06/2019 | Grant date of ninth stock option listed |
| 03/06/2020 | First exercisable date of ninth stock option listed |
| 03/27/2020 | Grant date of tenth stock option listed |
| 06/27/2020 | First exercisable date of tenth stock option listed |
| 12/03/2021 | Grant date of eleventh stock option listed |
| 03/03/2022 | First exercisable date of eleventh stock option listed |
| 12/02/2022 | Grant date of twelfth stock option listed |
| 03/02/2023 | First exercisable date of twelfth stock option listed |
| 12/01/2023 | Grant date of thirteenth stock option listed |
| 03/01/2024 | First exercisable date of thirteenth stock option listed |
| 06/06/2024 | Date of Class A Common Stock acquisition |
| 12/05/2024 | Expiration date of first stock option listed |
| 12/07/2024 | Expiration date of second stock option listed |
| 12/04/2025 | Expiration date of third stock option listed |
| 12/07/2025 | Expiration date of fourth stock option listed |
| 12/02/2026 | Expiration date of fifth stock option listed |
| 12/07/2026 | Expiration date of sixth stock option listed |
| 12/01/2027 | Expiration date of seventh stock option listed |
| 11/30/2028 | Expiration date of eighth stock option listed |
| 12/06/2029 | Expiration date of ninth stock option listed |
| 03/27/2030 | Expiration date of tenth stock option listed |
| 12/03/2031 | Expiration date of eleventh stock option listed |
| 12/02/2032 | Expiration date of twelfth stock option listed |
| 12/01/2033 | Expiration date of thirteenth stock option listed |
| 06/07/2024 | Date of signature |
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