MOODY H. CRAIG 4
4 · SECURITY NATIONAL FINANCIAL CORP · Filed Apr 21, 2026
Research Summary
AI-generated summary of this filing
Security National (SNFCA) Director Moody H. Craig Exercises Options
What Happened
- Moody H. Craig, a director of Security National Financial Corp (SNFCA), exercised stock options on April 20, 2026, acquiring 4,471 shares at $4.32 ($19,315) and 862 shares at $4.52 ($3,896), for a total of 5,333 shares purchased for ~$23,211. These are reported as derivative exercises (code M) — i.e., he exercised options to obtain the shares. No immediate sale of these shares was reported in this filing.
Key Details
- Transaction dates and prices: 4,471 shares @ $4.32 and 862 shares @ $4.52, both on 2026-04-20.
- Total acquired: 5,333 shares for ~$23,211.
- Shares owned following transaction: not specified in the provided filing details.
- Relevant footnotes: F1 and F2 indicate these options were originally granted on Dec 2 and Dec 7, 2016 (adjusted for subsequent stock dividends). F10 notes a separate grant of 2,461 restricted stock units on Dec 5, 2025 that vest quarterly and fully by Dec 31, 2026.
- Filing timeliness: Form filed Apr 21, 2026 for an Apr 20, 2026 transaction (no late filing indicated).
Context
- Exercising options is an acquisition of shares but is often a routine consequence of option vesting or long-term compensation—by itself it is not a direct market buy indicating new bullish conviction. Because no sale was reported concurrent with the exercise, this was not a cashless exercise resulting in an immediate sale. The dollar amount (~$23k) is modest for a director-level transaction.
Insider Transaction Report
Form 4
MOODY H. CRAIG
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2026-04-20$4.32/sh+4,471$19,315→ 48,615 total - Exercise/Conversion
Class A Common Stock
2026-04-20$4.52/sh+862$3,896→ 49,477 total - Award
Director Stock Option (right to buy)
[F1]2016-12-02$4.32/sh−7,952$34,353→ 0 totalExercise: $4.32From: 2017-03-02Exp: 2026-12-02→ Class A Common Stock (7,952 underlying) - Award
Director Stock Option (right to buy)
[F2]2016-12-07$4.52/sh−1,590$7,187→ 0 totalExercise: $4.52From: 2017-03-07Exp: 2026-12-07→ Class A Common Stock (1,590 underlying) - Award
Director Stock Option (right to buy)
[F3]2017-12-01$3.27/sh+1,514$4,951→ 1,514 totalExercise: $3.27From: 2018-03-01Exp: 2027-12-01→ Class A Common Stock (1,514 underlying) - Award
Director Stock Option (right to buy)
[F4]2018-11-30$3.76/sh+8,657$32,550→ 10,171 totalExercise: $3.76From: 2019-02-28Exp: 2028-11-30→ Class A Common Stock (8,657 underlying) - Award
Director Stock Option (right to buy)
[F5]2019-12-06$3.91/sh+8,242$32,226→ 18,413 totalExercise: $3.91From: 2020-03-06Exp: 2029-12-06→ Class A Common Stock (8,242 underlying) - Award
Director Stock Option (right to buy)
[F6]2020-03-27$2.84/sh+7,850$22,294→ 26,263 totalExercise: $2.84From: 2020-06-27Exp: 2030-03-27→ Class A Common Stock (7,850 underlying) - Award
Director Stock Option (right to buy)
[F7]2021-12-03$7.02/sh+7,293$51,197→ 33,556 totalExercise: $7.02From: 2022-03-03Exp: 2031-12-03→ Class A Common Stock (7,293 underlying) - Award
Director Stock Option (right to buy)
[F8]2022-12-02$5.56/sh+8,104$45,058→ 41,660 totalExercise: $5.56From: 2023-03-02Exp: 2032-12-02→ Class A Common Stock (8,104 underlying) - Award
Director Stock Option (right to buy)
[F9]2023-12-01$7.21/sh+8,820$63,592→ 50,480 totalExercise: $7.21From: 2024-03-01Exp: 2033-12-01→ Class A Common Stock (8,820 underlying) - Award
Restricted Stock Unit
[F10]2025-12-05$8.53/sh+1,846$15,746→ 52,326 totalExercise: $8.53From: 2026-04-01Exp: 2026-12-31→ Class A Common Stock (1,846 underlying)
Footnotes (10)
- [F1]This option was granted on December 2, 2016 as an option for 5,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.
- [F10]These restricted stock units were granted on December 5, 2025 for 2,461 shares of Class A Common Stock under the 2022 Equity Incentive Plan at a price of $8.53 per share. The units granted vest quarterly, and will be fully vested on December 31, 2026.
- [F2]This option was granted on December 7, 2016 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.36 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.
- [F3]This option was granted on December 1, 2017 as an option for 1,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.05 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.
- [F4]This option was granted on November 30, 2018 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.52 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.
- [F5]This option was granted on December 6, 2019 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $5.46 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.
- [F6]This option was granted on March 27, 2020 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $3.76 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020, a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.
- [F7]This option was granted on December 3, 2021 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $8.62 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on July 8, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.
- [F8]This option was granted on December 2, 2022 as an option for 7,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.48, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on July 14, 2023, July 12, 2024 and July 18, 2025.
- [F9]This option was granted on December 1, 2023 as an option for 8,000 shares of Class A Common Stock under the 2022 Equity Incentive Plan at an exercise price of $7.99 per share, but adjusted pursuant to the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 12, 2024 and July 18, 2025.
Signature
/s/ H. Craig Moody|2026-04-21