Heard Carlos Lawrence 4
4 · SAUL CENTERS, INC. · Filed Nov 13, 2025
Insider Transaction Report
Form 4
Heard Carlos Lawrence
Senior Vice President & CFO
Transactions
- Purchase
Series D Preferred Stock
2025-11-12$20.70/sh+450$9,315→ 1,600 total - Purchase
Series D Preferred Stock
2025-11-13$20.60/sh+450$9,270→ 2,050 total - Purchase
Series D Preferred Stock
2025-11-11$20.85/sh+450$9,383→ 1,150 total
Holdings
- 15,000
Employee Stock Option
Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (15,000 underlying) - 1,600
Performance Shares
Exercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (1,600 underlying) - 4,725.176
Common Stock
- 2,000
Performance Shares
Exercise: $0.00From: 2030-05-09Exp: 2030-05-09→ Common Stock (2,000 underlying) - 10,000
Employee Stock Option
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (10,000 underlying) - 15,000
Employee Stock Option
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (15,000 underlying)
Footnotes (2)
- [F1]Balance increased by October 31, 2025 Dividend Reinvestment Plan award of 5.924 shares.
- [F2]The options vest 25% per year over four years from the date of grant.