FULLER GILBERT A 4

What Happened

• Gilbert A. Fuller, a director of Security National Financial Corp (SNFCA), disposed of 10,000 shares in an open-market/private sale on April 7, 2026 at $9.45 per share, for proceeds of $94,500.
• The filing also records an award (derivative) on December 5, 2025 of 1,846 shares valued at $8.53 each ($15,746). The award is reported as restricted stock units (RSUs) in the footnote.

Key Details

• Sale: 10,000 shares on 2026-04-07 at $9.45 — total proceeds $94,500.
• Award (derivative): 1,846 RSU-based shares recorded on 2025-12-05 at $8.53 — $15,746 reported; footnote states a grant of 2,461 RSUs at $8.53 per share.
• Footnote: The RSUs were granted 12/05/2025 for 2,461 Class A shares under the 2022 Equity Incentive Plan, vest quarterly and are scheduled to be fully vested on 12/31/2026.
• Shares owned after the transactions: not specified in the provided filing.
• Filing timeliness: Report filed on 2026-04-07 (same date as the sale), indicating a timely filing.

Context

• The April 2026 activity was a sale (disposition). Sales by insiders can be routine (diversification, liquidity, tax planning) and do not by themselves indicate company prospects.
• The December 2025 entry reflects an RSU award (a derivative grant) with a multi-quarter vesting schedule; RSU grants confirm compensation but do not equal immediate ownership until vested.