Lori Godby - 17 May 2025 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Signature
/s/ Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
17 May 2025
Net transactions value
-$1,169
Form type
4
Filing time
21 May 2025, 16:20:19 UTC
Previous filing
13 May 2025
Next filing
12 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Godby Lori Senior Vice Pres.-Residential 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA /s/ Carlos L. Heard, by Power of Attorney 21 May 2025 0001851292

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Stock Tax liability $1,169 -34 -3% $34.39 1,116 17 May 2025 Direct

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
holding BFS Employee Stock Option 5,000 17 May 2025 Common Stock 5,000 $43.89 Direct F1
holding BFS Employee Stock Option 5,000 17 May 2025 Common Stock 5,000 $47.90 Direct F1
holding BFS Employee Stock Option 5,000 17 May 2025 Common Stock 5,000 $33.79 Direct F1
holding BFS Performance Shares 400 17 May 2025 Common Stock 400 $0.000000 Direct
holding BFS Performance Shares 500 17 May 2025 Common Stock 500 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest 25% per year over four years from the date of grant.