John Collich - 12 Nov 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
12 Nov 2025
Net transactions value
+$59,987
Form type
4
Filing time
13 Nov 2025, 16:54:52 UTC
Previous filing
21 May 2025
Next filing
12 Mar 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Collich John Sr. VP, Chief Acq. & Dev. Off. 7501 WISCONSIN AVENUE, 15TH FLOOR, BETHESDA /s/ Carlos L. Heard, by Power of Attorney 13 Nov 2025 0001228472

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Stock Purchase $59,987 +2,000 +4.2% $29.99 49,260 12 Nov 2025 Direct F3
holding BFS Series E Preferred Stock 872 12 Nov 2025 Direct
holding BFS Common Stock 2,180 12 Nov 2025 IRA F1
holding BFS Common Stock 2,824 12 Nov 2025 Wife F2

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 20,000 12 Nov 2025 Common Stock 20,000 $57.74 Direct F4
holding BFS Employee Stock Option 20,000 12 Nov 2025 Common Stock 20,000 $59.41 Direct F4
holding BFS Employee Stock Option 20,000 12 Nov 2025 Common Stock 20,000 $49.46 Direct F4
holding BFS Employee Stock Option 20,000 12 Nov 2025 Common Stock 20,000 $55.71 Direct F4
holding BFS Employee Stock Option 20,000 12 Nov 2025 Common Stock 20,000 $50.00 Direct F4
holding BFS Employee Stock Option 20,000 12 Nov 2025 Common Stock 20,000 $43.89 Direct F4
holding BFS Employee Stock Option 20,000 12 Nov 2025 Common Stock 20,000 $47.90 Direct F4
holding BFS Employee Stock Option 20,000 12 Nov 2025 Common Stock 20,000 $33.79 Direct F4
holding BFS Performance Shares 1,200 12 Nov 2025 Common Stock 1,200 $0.000000 Direct
holding BFS Performance Shares 1,500 12 Nov 2025 Common Stock 1,500 $0.000000 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 31, 2025 Dividend Reinvestment Plan award and October 31, 2025 award totaling 82 shares.
F2 Balance increased by July 31, 2025 Dividend Reinvestment Plan award and October 31, 2025 award totaling 107 shares.
F3 Balance increased by July 31, 2025 Dividend Reinvestment Plan award and October 31, 2025 award totaling 1,683.62 shares.
F4 The options vest 25% per year over four years from the date of grant.