Collich John 4

4 · SAUL CENTERS, INC. · Filed May 12, 2026

AI-generated summary of this filing

Updated May 13, 2026

Saul Centers (BFS) Sr. VP John Collich Receives Restricted Stock Award

What Happened

John Collich, Senior VP & Chief Acquisitions & Development Officer at Saul Centers (BFS), received a grant of 1,500 restricted shares on May 8, 2026 (reported at $0.00 grant price).
On May 9, 2026, 112 shares appear to have vested/settled: 14 shares were delivered to Collich (14 @ $35.19 = $493), and 98 shares were surrendered/withheld to satisfy tax obligations (98 @ $35.19 = $3,449). The withholding is reported as a tax payment (transaction code F). These were awards/settlements (transaction code A for grant/award).

Key Details

Transaction dates & prices: Grant 5/8/2026 (1,500 shares, $0.00); settlement/withholding 5/9/2026 (14 shares issued @ $35.19; 98 shares withheld @ $35.19).
Shares owned after transaction: not specified in the provided excerpt.
Relevant footnotes: the 1,500 shares are restricted shares that vest over the first five anniversaries of May 8, 2026 (footnote on multi-year vesting). Additional footnote indicates the 14 shares were dividend-equivalent shares that vested on May 9, 2026.
Transaction codes: A = award/grant; F = tax withholding/payment.
Filing timeliness: Form filed 2026-05-12 for transactions on 5/8–5/9/2026 — this appears later than the typical 2-business-day Form 4 filing window.

Context

This filing mainly reports an equity award and routine tax withholding on vesting — not an open-market buy or sale. Awards indicate compensation and vesting schedules rather than an immediate bullish purchase by the insider.

Form 4

Period: 2026-05-08

Sr. VP, Chief Acq. & Dev. Off.

Transactions

Award
Common Stock
[F3][F4]
2026-05-08+1,500→ 53,286.02 total
Tax Payment
Common Stock
2026-05-09$35.19/sh−98$3,449→ 53,188.02 total
Award
Common Stock
[F5]
2026-05-09$35.19/sh+14$493→ 53,202.02 total
Award
Performance Shares
[F7]
2026-05-08+1,500→ 1,500 total
Exercise: $0.00From: 2031-05-08Exp: 2031-05-08→ Common Stock (1,500 underlying)

Holdings

Series E Preferred Stock
872
Common Stock
[F1]
(indirect: By Spouse)
2,928
Common Stock
[F2]
(indirect: By IRA)
2,260
Employee Stock Option
[F6]
Exercise: $59.41From: 2017-05-05Exp: 2027-05-05→ Common Stock (20,000 underlying)
20,000
Employee Stock Option
[F6]
Exercise: $49.46From: 2018-05-11Exp: 2028-05-11→ Common Stock (20,000 underlying)
20,000
Employee Stock Option
[F6]
Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (20,000 underlying)
20,000
Employee Stock Option
[F6]
Exercise: $50.00From: 2020-04-24Exp: 2030-04-24→ Common Stock (20,000 underlying)
20,000
Employee Stock Option
[F6]
Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (20,000 underlying)
20,000
Employee Stock Option
[F6]
Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (20,000 underlying)
20,000
Employee Stock Option
[F6]
Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (20,000 underlying)
20,000
Performance Shares
Exercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (900 underlying)
900
Performance Shares
Exercise: $0.00From: 2030-05-09Exp: 2030-05-09→ Common Stock (1,200 underlying)
1,200

Footnotes (7)

[F1]Balance increased by April 30, 2026 Dividend Reinvestment Plan award of 50 shares.
[F2]Balance increased by April 30, 2026 Dividend Reinvestment Plan award of 39 shares.
[F3]Represents restricted shares of Common Stock. Such shares vest on the first five anniversaries of May 8, 2026 in equal annual installments, assuming continued employment.
[F4]Balance increased by April 30, 2026 Dividend Reinvestment Plan award of 828 shares.
[F5]Shares acquired in an exempt transaction as dividend equivalents on filers restricted stock award, which vested on May 9, 2026.
[F6]The options vest 25% per year over four years from the date of grant.
[F7]The performance share award provides for the grant of restricted shares of Common Stock on each of the five anniversaries of May 8, 2026 in equal annual installments. The number of restricted shares of such grant that vest, if any, is (i) subject to cliff-vesting on May 8, 2031, and (2) achievement of performance criteria relating to the Companys target Funds from Operations available to common stockholders and noncontrolling interests (FFO) measured against an FFO amount included in the budget established by the Board of Directors annually prior to the start of such calendar year.

Signature

/s/ Carlos L. Heard, by Power of Attorney|2026-05-12

1 file