Form 4: Security National Financial Corp: Officer Acquires Shares and Restricted Stock Units

Jeffrey Russell Stephens, General Counsel & Corp. Sec of Security National Financial Corp, reports acquisition of shares and restricted stock units.

Summary

• On April 1, 2025, Jeffrey Russell Stephens, General Counsel & Corp. Sec of Security National Financial Corp, acquired 603 shares of Class A Common Stock at $13.08 per share.
• Stephens also acquired 603 restricted stock units, each convertible to one share of Class A Common Stock.
• These restricted stock units vest quarterly and will be fully vested by December 31, 2025.
• Following these transactions, Stephens directly owns 41,436 shares of Class A Common Stock and 1,810 restricted stock units.
• Stephens indirectly owns 120,124 shares of Class A Common Stock through the 401(k) Retirement Savings Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard reporting of insider transactions.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an officer's continued investment in the company's stock.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence as it signals insider alignment with company performance.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Class A Common Stock, Security National Financial Corp, Insider Trading