John Collich - 11 Mar 2026 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Role
Sr. VP, Chief Acq. & Dev. Off.
Signature
/s/ Carlos L. Heard, by Power of Attorney
Issuer symbol
BFS
Transactions as of
11 Mar 2026
Net transactions value
$0
Form type
4
Filing time
12 Mar 2026, 17:24:38 UTC
Previous filing
13 Nov 2025
SEC
View on sec.gov

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 12 Mar 2026 0001228472

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BFS Common Stock Options Exercise +600 +1.2% $0.000000* 49,860 11 Mar 2026 Direct F3, F4
transaction BFS Common Stock Award +300 +0.59% $0.000000* 51,043 11 Mar 2026 Direct F5
holding BFS Common Stock 2,878 11 Mar 2026 Wife F1
holding BFS Series E Preferred Stock 872 11 Mar 2026 Direct
holding BFS Common Stock 2,221 11 Mar 2026 IRA 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
transaction BFS Performance Shares Options Exercise -300 -25% $0.000000* 900 11 Mar 2026 Common Stock 300 $0.000000 Direct
transaction BFS Performance Shares Options Exercise -300 -20% $0.000000* 1,200 11 Mar 2026 Common Stock 300 $0.000000 Direct
holding BFS Employee Stock Option 20,000 11 Mar 2026 Common Stock 20,000 $57.74 Direct F6
holding BFS Employee Stock Option 20,000 11 Mar 2026 Common Stock 20,000 $59.41 Direct F6
holding BFS Employee Stock Option 20,000 11 Mar 2026 Common Stock 20,000 $49.46 Direct F6
holding BFS Employee Stock Option 20,000 11 Mar 2026 Common Stock 20,000 $55.71 Direct F6
holding BFS Employee Stock Option 20,000 11 Mar 2026 Common Stock 20,000 $50.00 Direct F6
holding BFS Employee Stock Option 20,000 11 Mar 2026 Common Stock 20,000 $43.89 Direct F6
holding BFS Employee Stock Option 20,000 11 Mar 2026 Common Stock 20,000 $47.90 Direct F6
holding BFS Employee Stock Option 20,000 11 Mar 2026 Common Stock 20,000 $33.79 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Balance increased by January 31, 2026 Dividend Reinvestment Plan award of 54 shares.
F2 Balance increased by January 31, 2026 Dividend Reinvestment Plan award of 41 shares.
F3 Represents restricted shares of Common Stock. Fifty percent (50%) of the shares vest on May 17, 2029, and the remaining fifty percent (50%) vest on May 9, 2030, subject to the reporting persons continued employment through the applicable vesting dates.
F4 Balance increased by January 31, 2026 Dividend Reinvestment Plan award of 883 shares.
F5 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, 2025 and ending on December 31, 2025. Fifty percent (50%) of the shares vest on May 17, 2029, and the remaining fifty percent (50%) vest on May 9, 2030, subject to the reporting persons continued employment through the applicable vesting dates.
F6 The options vest 25% per year over four years from the date of grant.