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SAUL CENTERS, INC.·4

May 19, 4:36 PM ET

Godby Lori 4

4 · SAUL CENTERS, INC. · Filed May 19, 2026

Research Summary

AI-generated summary of this filing

Updated

SAUL CENTERS (BFS) Lori Godby Withholds 34 Shares for Taxes

What Happened

  • Lori Godby, Senior Vice President—Residential at SAUL CENTERS (BFS), had 34 shares disposed/withheld to satisfy tax withholding related to a prior option exercise. The shares were valued at $33.00 each for a total of $1,122. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-05-17
  • Filing date: 2026-05-19 (filed within the typical 2-business-day reporting window)
  • Price per share: $33.00; total value of shares withheld: $1,122
  • Shares owned after the transaction: not specified in the provided filing details
  • Footnote: F1 — the related options vest 25% per year over four years from the grant date
  • Transaction type: F (payment of exercise price or tax liability via share withholding)

Context

  • This was a routine tax-withholding event following an options exercise — common when executives exercise equity awards. Such withholdings are administrative and do not necessarily indicate a buy/sell sentiment about the company's stock.

Insider Transaction Report

Form 4
Period: 2026-05-17
SAUL CENTERS, INC.BFS
Godby Lori
Senior Vice Pres.-Residential
Transactions
  • Tax Payment

    Common Stock

    2026-05-17$33.00/sh−34$1,122→ 1,848 total
Holdings

  • Employee Stock Option

    [F1]
    Exercise: $43.89From: 2021-05-07Exp: 2031-05-07→ Common Stock (5,000 underlying)
    5,000

  • Employee Stock Option

    [F1]
    Exercise: $47.90From: 2022-05-13Exp: 2032-05-13→ Common Stock (5,000 underlying)
    5,000

  • Employee Stock Option

    [F1]
    Exercise: $33.79From: 2023-05-12Exp: 2033-05-12→ Common Stock (5,000 underlying)
    5,000

  • Performance Shares

    Exercise: $0.00From: 2029-05-17Exp: 2029-05-17→ Common Stock (300 underlying)
    300

  • Performance Shares

    Exercise: $0.00From: 2030-05-09Exp: 2030-05-09→ Common Stock (400 underlying)
    400

  • Performance Shares

    Exercise: $0.00From: 2031-05-08Exp: 2031-05-08→ Common Stock (500 underlying)
    500
Footnotes (1)
  • [F1]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

Documents

1 file
  • 4
    wk-form4_1779222966.xmlPrimary

    FORM 4