Godby Lori 4

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.