SNFCA CLO Alissa Neufeld Receives 100,000-Share Award

What Happened
Alissa Neufeld, Chief Legal Officer and Corporate Secretary of Security National Financial Corp (SNFCA), was granted an equity award on September 11, 2026 for 100,000 shares of Class A common stock (derivative). The grant price is $8.79 per share, giving a notional value of $879,000. This was a grant/award (derivative equity award), not an open-market purchase or sale.

Key Details

• Transaction date: September 11, 2026; Form 4 filed September 14, 2026 (timely filed).
• Award: 100,000 share-based units at $8.79 per share (total = $879,000 as reported).
• Vesting: 20% vests each year over five years; fully vested on September 11, 2031 (per footnote).
• Plan: Granted under the 2022 Equity Incentive Plan.
• Shares owned after transaction: Not disclosed in this filing.
• Filing type/derivative: Reported as a grant/award (derivative), not an immediate cash exercise or sale.

Context
This is an equity compensation grant (common for executives) that vests over time and does not represent an immediate cash purchase or sale of stock. Such grants are typically part of long-term incentive/retention packages; they become economically meaningful only as they vest and, if exercised or sold, depending on future stock price.