Zachary Maxwell Friedlis - Mar 6, 2025 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Sr. VP-Director of Leasing
Signature
/s/ Carlos L. Heard, by Power of Attorney
Stock symbol
BFS
Transactions as of
Mar 6, 2025
Transactions value $
$0
Form type
4
Date filed
3/10/2025, 05:48 PM
Previous filing
May 21, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Stock Options Exercise $0 +300 +12.92% $0.00 2.62K Mar 6, 2025 Direct F2
transaction BFS Common Stock Award $0 +150 +5.64% $0.00 2.81K Mar 6, 2025 Direct F3, F4
holding BFS Series D Preferred Stock 3.45K Mar 6, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BFS Performance Shares Options Exercise $0 -300 -20% $0.00 1.2K Mar 6, 2025 Common Stock 300 $0.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance increased by July 15, 2024, October 15, 2024 and January 15, 2025 dividend reinvestments totaling 177.571 shares.
F2 Represents restricted shares of Common Stock. Such shares vest, assuming continued employment, on May 17, 2029.
F3 Represents additional restricted shares of Common Stock earned based on the achievement of performance criteria with respect to a performance period commencing on January 1, 2024 and ending on December 31, 2024. Such shares vest, assuming continued employment, on May 17, 2029.
F4 Balance increased by July 31, 2024, October 31, 2024 and January 31, 2025 Dividend Reinvestment Plan awards totaling 39.342 shares.