Guevara Bettina T. - 17 May 2025 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Exec. VP /Chf Legal & Adm Off
Signature
/s/ Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
17 May 2025
Net transactions value
-$5,778
Form type
4
Filing time
21 May 2025, 16:22:13 UTC
Previous filing
13 May 2025
Next filing
28 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Guevara Bettina T. Exec. VP /Chf Legal & Adm Off 7501 WISCONSIN AVENUE, SUITE 1500, BETHESDA /s/ Carlos L. Heard, by Power of Attorney 21 May 2025 0002008664

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Stock Tax liability $6,534 -190 -3.3% $34.39 5,560 17 May 2025 Direct
transaction BFS Common Stock Award $757 +22 +0.4% $34.39 5,582 17 May 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
holding BFS Employee Stock Option 2,500 17 May 2025 Common Stock 2,500 $43.89 Direct F2
holding BFS Employee Stock Option 3,000 17 May 2025 Common Stock 3,000 $47.90 Direct F2
holding BFS Employee Stock Option 4,000 17 May 2025 Common Stock 4,000 $33.79 Direct F2
holding BFS Performance Shares 2,000 17 May 2025 Common Stock 2,000 $0.000000 Direct
holding BFS Performance Shares 2,500 17 May 2025 Common Stock 2,500 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired in an exempt transaction as dividend equivalents on filer's restricted stock award, which vested on May 17, 2025.
F2 The options vest 25% per year over four years from the date of grant.