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SECURITY NATIONAL FINANCIAL CORP·4

Jul 6, 11:46 AM ET

MOODY H. CRAIG 4

4 · SECURITY NATIONAL FINANCIAL CORP · Filed Jul 6, 2026

Research Summary

AI-generated summary of this filing

Updated

Security National (SNFCA) Director Moody H. Craig Exercises Options

What Happened
Moody H. Craig, a director of Security National Financial Corp (SNFCA), exercised or converted derivative awards on July 1, 2026, resulting in the acquisition of 616 shares at an exercise price of $8.53 per share (total value reported $5,254). The same Form 4 also reports a related derivative entry for 616 shares at $8.53 shown as disposed (also $5,254) on July 1, 2026. The filing includes multiple prior director option grants dating back to 2017 and restricted stock units granted in December 2025.

Key Details

  • Primary transaction date: July 1, 2026 — 616 shares acquired via exercise/conversion at $8.53/share (M code), value $5,254.
  • Related same‑day entry: 616 shares shown as disposed (A code) at $8.53/share, value $5,254.
  • Earlier derivative grants listed (2017–2025) reflect options/awards adjusted for periodic stock dividends (see footnotes F1–F7).
  • Restricted stock units: 2,461 RSUs granted Dec 5, 2025 (F8) at $8.53; vest quarterly and fully vest on Dec 31, 2026.
  • Shares owned after transaction: not specified in the information provided on the Form 4.
  • Filing date: July 6, 2026 — filed after the July 1 transaction (appears to be late relative to the typical 2-business‑day Form 4 deadline).
  • Transaction codes: M = option exercise/conversion; A = grant/award/derivative transaction. (F in Form 4 footnotes here are reference numbers for grant details, not the withholding code.)

Context

  • Derivative transactions: the M code indicates an option exercise/conversion into common shares. The filing shows both acquisition and a same‑day derivative disposition of the same 616 shares; the Form 4 does not specify the reason for the disposition (e.g., sale, tax withholding, or surrender).
  • For retail investors: direct purchases are generally considered stronger bullish signals than exercises (which often convert existing options into shares). This filing documents an exercise and related derivative activity rather than an open‑market buy.
  • No 10b5‑1 plan, late‑filing explanation, or explicit sale purpose is disclosed on the Form 4.

Insider Transaction Report

Form 4
Period: 2026-07-01
SECURITY NATIONAL FINANCIAL CORPSNFCA
MOODY H. CRAIG
Director
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2026-07-01$8.53/sh+616$5,254→ 50,093 total
  • Award

    Director Stock Option (right to buy)

    [F1]
    2017-12-01$3.27/sh+1,514$4,951→ 1,514 total
    Exercise: $3.27From: 2018-03-01Exp: 2027-12-01→ Class A Common Stock (1,514 underlying)
  • Award

    Director Stock Option (right to buy)

    [F2]
    2018-11-30$3.76/sh+8,657$32,550→ 10,171 total
    Exercise: $3.76From: 2019-02-28Exp: 2028-11-30→ Class A Common Stock (8,657 underlying)
  • Award

    Director Stock Option (right to buy)

    [F3]
    2019-12-06$3.91/sh+8,242$32,226→ 18,413 total
    Exercise: $3.91From: 2020-03-06Exp: 2029-12-06→ Class A Common Stock (8,242 underlying)
  • Award

    Director Stock Option (right to buy)

    [F4]
    2020-03-27$2.84/sh+7,850$22,294→ 26,263 total
    Exercise: $2.84From: 2020-06-27Exp: 2030-03-27→ Class A Common Stock (7,850 underlying)
  • Award

    Director Stock Option (right to buy)

    [F5]
    2021-12-03$7.02/sh+7,293$51,197→ 33,556 total
    Exercise: $7.02From: 2022-03-03Exp: 2031-12-03→ Class A Common Stock (7,293 underlying)
  • Award

    Director Stock Option (right to buy)

    [F6]
    2022-12-02$5.56/sh+8,104$45,058→ 41,660 total
    Exercise: $5.56From: 2023-03-02Exp: 2032-12-02→ Class A Common Stock (8,104 underlying)
  • Award

    Director Stock Option (right to buy)

    [F7]
    2023-12-01$7.21/sh+8,820$63,592→ 50,480 total
    Exercise: $7.21From: 2024-03-01Exp: 2033-12-01→ Class A Common Stock (8,820 underlying)
  • Award

    Restricted Stock Unit

    [F8]
    2025-12-05$8.53/sh+1,846$15,746→ 52,326 total
    Exercise: $8.53From: 2026-04-01Exp: 2026-12-31→ Class A Common Stock (1,846 underlying)
  • Award

    Restricted Stock Unit

    [F8]
    2026-07-01$8.53/sh−616$5,254→ 51,710 total
    Exercise: $8.53From: 2026-07-01Exp: 2026-12-31→ Class A Common Stock (616 underlying)
Footnotes (8)
  • [F1]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.
  • [F2]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.
  • [F3]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.
  • [F4]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.
  • [F5]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.
  • [F6]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.
  • [F7]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.
  • [F8]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.
Signature
/s/ H. Craig Moody|2026-07-06

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT