Form 4: Security National Financial Corp Director Gilbert A. Fuller Reports Stock Transactions
SEC Form 4
Director Gilbert A. Fuller reports acquisition and disposal of Class A Common Stock and derivative securities in Security National Financial Corp.
Summary
- On April 1, 2023, Gilbert A. Fuller acquired 405 shares of Class A Common Stock at $6.58 per share.
- On April 3, 2023, Fuller disposed of 405 shares of Class A Common Stock at $6.58 per share.
- Following these transactions, Fuller directly owns 6,672 shares of Class A Common Stock.
- Fuller also holds various director stock options with exercise prices ranging from $3.26 to $8.19, expiring between 2024 and 2031.
- Fuller holds 56,188 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports transactions without expressing any opinion on the company's performance or future prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These transactions can be influenced by various factors, including personal financial planning and the insider's view of the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders, as insider transactions are often monitored for signals about a company's health.
- The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 12/05/2014 | Date of grant for director stock option with exercise price $3.26, exercisable from 03/05/2015, expiring 12/05/2024 for 7,573 shares. |
| 12/07/2014 | Date of grant for director stock option with exercise price $3.26, exercisable from 03/07/2015, expiring 12/07/2024 for 1,516 shares. |
| 12/04/2015 | Date of grant for director stock option with exercise price $4.58, exercisable from 03/04/2016, expiring 12/04/2025 for 7,211 shares. |
| 12/07/2015 | Date of grant for director stock option with exercise price $4.58, exercisable from 03/07/2016, expiring 12/07/2025 for 1,444 shares. |
| 12/02/2016 | Date of grant for director stock option with exercise price $5.04, exercisable from 03/02/2017, expiring 12/02/2026 for 6,869 shares. |
| 12/07/2016 | Date of grant for director stock option with exercise price $5.27, exercisable from 03/07/2017, expiring 12/07/2026 for 1,373 shares. |
| 12/01/2017 | Date of grant for director stock option with exercise price $3.81, exercisable from 03/01/2018, expiring 12/01/2027 for 1,308 shares. |
| 11/30/2018 | Date of grant for director stock option with exercise price $4.39, exercisable from 02/28/2019, expiring 01/30/2028 for 7,478 shares. |
| 12/06/2019 | Date of grant for director stock option with exercise price $4.57, exercisable from 03/06/2020, expiring 12/06/2029 for 7,120 shares. |
| 03/27/2020 | Date of grant for director stock option with exercise price $3.32, exercisable from 06/27/2020, expiring 03/27/2030 for 6,781 shares. |
| 12/03/2021 | Date of grant for director stock option with exercise price $8.19, exercisable from 03/03/2022, expiring 12/03/2031 for 6,300 shares. |
| 12/02/2022 | Date of grant for restricted stock units at a price of $6.48, vesting quarterly and fully vested on 12/31/2023 for 1,620 shares. |
| 04/01/2023 | Acquisition of 405 shares of Class A Common Stock at $6.58 per share; disposal of 405 restricted stock units. |
| 04/03/2023 | Disposal of 405 shares of Class A Common Stock at $6.58 per share. |
| 05/03/2023 | Date of signature for the Form 4 filing. |
| 12/31/2023 | Restricted stock units granted on 12/02/2022 will be fully vested. |
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