Form 4: Security National Financial Corp Director, H. Craig Moody, Reports Stock Sale and Option Holdings
Form 4 Filing
Director H. Craig Moody sold 2,000 shares of Security National Financial Corp Class A Common Stock at $12.38 per share and holds a variety of stock options and restricted stock units.
Summary
- On February 3, 2025, H. Craig Moody, a director of Security National Financial Corp, sold 2,000 shares of Class A Common Stock at a price of $12.38 per share.
- Following the transaction, Moody directly owns 39,769 shares of Class A Common Stock.
- Moody also holds multiple director stock options with varying exercise prices and expiration dates, granted under the 2014 Director Stock Option Plan and the 2022 Equity Incentive Plan.
- These options have been adjusted to reflect stock dividends paid over the years.
- Additionally, Moody holds 2,509 restricted stock units granted on December 6, 2024, which vest quarterly and will be fully vested by December 31, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency to investors regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by shareholders, but the overall impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 12/02/2016 | Grant date of stock option with exercise price of $4.55 |
| 12/07/2016 | Grant date of stock option with exercise price of $4.76 |
| 03/02/2017 | Date stock option with exercise price of $4.55 first becomes exercisable |
| 03/07/2017 | Date stock option with exercise price of $4.76 first becomes exercisable |
| 12/01/2017 | Grant date of stock option with exercise price of $3.44 |
| 03/01/2018 | Date stock option with exercise price of $3.44 first becomes exercisable |
| 11/30/2018 | Grant date of stock option with exercise price of $3.96 |
| 02/28/2019 | Date stock option with exercise price of $3.96 first becomes exercisable |
| 12/06/2019 | Grant date of stock option with exercise price of $4.12 |
| 03/06/2020 | Date stock option with exercise price of $4.12 first becomes exercisable |
| 03/27/2020 | Grant date of stock option with exercise price of $2.99 |
| 06/27/2020 | Date stock option with exercise price of $2.99 first becomes exercisable |
| 12/03/2021 | Grant date of stock option with exercise price of $7.39 |
| 03/03/2022 | Date stock option with exercise price of $7.39 first becomes exercisable |
| 12/02/2022 | Grant date of stock option with exercise price of $5.85 |
| 03/02/2023 | Date stock option with exercise price of $5.85 first becomes exercisable |
| 12/01/2023 | Grant date of stock option with exercise price of $7.59 |
| 03/01/2024 | Date stock option with exercise price of $7.59 first becomes exercisable |
| 12/06/2024 | Grant date of restricted stock units |
| 01/02/2025 | Date of transaction for Class A Common Stock |
| 02/03/2025 | Date of earliest transaction reported |
| 02/04/2025 | Date of signature |
| 04/06/2025 | Date restricted stock units first become exercisable |
| 12/31/2025 | Date restricted stock units are fully vested |
Keywords
Form 4, Director, Stock Options, Class A Common Stock, Security National Financial Corp, SNFCA, Moody, Insider Trading
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