Hachey Donald A 4
4 · SAUL CENTERS, INC. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Saul Centers SVP Donald Hachey Receives Award; 93 Shares Sold for Taxes
What Happened
- Donald A. Hachey, SVP & Chief Construction Officer of Saul Centers, received 31 shares (awarded as dividend equivalents on a restricted stock award that vested) at $33.00 per share (value $1,023) on May 17, 2026. To cover tax liability, 93 shares were disposed/withheld at $33.00 per share (value $3,069) the same day.
Key Details
- Transaction dates and prices: May 17, 2026 — 31 shares acquired at $33.00 ($1,023); 93 shares disposed/withheld at $33.00 ($3,069).
- Type of transactions: A = Award/acquisition (dividend equivalents on vested restricted stock); F = payment of tax liability/tax withholding (disposition of shares).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 — shares acquired were dividend equivalents on a restricted stock award that vested May 17, 2026. F2 — options referenced vest 25% per year over four years from grant date (general vesting schedule note).
- Filing timeliness: Report filed May 19, 2026 for May 17 transactions; appears to be filed within the typical 2-business-day window.
Context
- This is a routine vesting and tax-withholding transaction: 31 shares were granted as dividend equivalents when a restricted award vested, and 93 shares were surrendered/withheld to cover the resulting tax liability. Such withholding disposals are common and generally reflect tax mechanics rather than an independent market sale signal.
Insider Transaction Report
Form 4
Hachey Donald A
SVP-Chief Construction Officer
Transactions
- Tax Payment
Common Stock
2026-05-17$33.00/sh−93$3,069→ 5,602.812 total - Award
Common Stock
[F1]2026-05-17$33.00/sh+31$1,023→ 5,633.812 total
Holdings
- 5,000
Employee Stock Option
[F2]Exercise: $59.41From: 2017-05-05Exp: 2027-05-05→ Common Stock (5,000 underlying) - 5,000
Employee Stock Option
[F2]Exercise: $49.46From: 2018-05-11Exp: 2028-05-11→ Common Stock (5,000 underlying) - 5,000
Employee Stock Option
[F2]Exercise: $55.71From: 2019-05-03Exp: 2029-05-03→ Common Stock (5,000 underlying) - 7,500
Employee Stock Option
[F2]Exercise: $50.00From: 2020-04-24Exp: 2030-04-24→ Common Stock (7,500 underlying) - 10,000
Employee Stock Option
[F2]Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (10,000 underlying) - 10,000
Employee Stock Option
[F2]Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (10,000 underlying) - 15,000
Employee Stock Option
[F2]Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (15,000 underlying) - 900
Performance Shares
Exercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (900 underlying) - 1,200
Performance Shares
Exercise: $0.00From: 2030-05-09Exp: 2030-05-09→ Common Stock (1,200 underlying) - 1,500
Performance Shares
Exercise: $0.00From: 2031-05-08Exp: 2031-05-08→ Common Stock (1,500 underlying)
Footnotes (2)
- [F1]Shares acquired in an exempt transaction as dividend equivalents on filers restricted stock award, which vested on May 17, 2026.
- [F2]The options vest 25% per year over four years from the date of grant.
Signature
/s/ Carlos L. Heard, by Power of Attorney|2026-05-19