SHITAL A. MEHTA - 05 Dec 2025 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Role: Director
Signature: /s/ Shital A. Mehta
Issuer symbol: SNFCA
Transactions as of: 05 Dec 2025
Transactions value $: $384,295
Form type: 4
Filing time: 09 Dec 2025, 16:49:25 UTC
Previous filing: 09 Dec 2024
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
MEHTA SHITAL ASHOK	Director	301 MISSION ST APT 45F, SAN FRANCISCO	/s/ Shital A. Mehta	09 Dec 2025	0001859372

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	SNFCA	Director Stock Option (right to buy)	Award	$51.2K	+7.29K		$7.02	7.29K	03 Dec 2021	Class A Common Stock	7.29K	$7.02	Direct	F1
transaction	SNFCA	Director Stock Option (right to buy)	Award	$45.1K	+8.1K	+111.12%	$5.56	15.4K	02 Dec 2022	Class A Common Stock	8.1K	$5.56	Direct	F2
transaction	SNFCA	Director Stock Option (right to buy)	Award	$63.6K	+8.82K	+57.28%	$7.21	24.2K	01 Dec 2023	Class A Common Stock	8.82K	$7.21	Direct	F3
transaction	SNFCA	Director Stock Option (right to buy)	Award	$136K	+10.9K	+45.09%	$12.43	35.1K	06 Dec 2024	Class A Common Stock	10.9K	$12.43	Direct	F4
transaction	SNFCA	Director Stock Option (right to buy)	Award	$88.7K	+10.4K	+29.6%	$8.53	45.5K	05 Dec 2025	Class A Common Stock	10.4K	$8.53	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This option was granted on December 3, 2021 as an option for 6,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $8.62 per share but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on July 8, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.
F2	This option was granted on December 2, 2022 as an option for 7,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $6.48 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on July 14, 2023, July 12, 2024 and July 18, 2025.
F3	This option was granted on December 1, 2023 as an option for 8,000 shares of Class A Common Stock under the 2014 Director Stock Option Plan at an exercise price of $7.99 per share, but adjusted pursuant to the anti-dilution provisions of the 2014 Director Stock Option Plan to reflect a 5% stock dividend paid on July 12, 2024 and July 18, 2025.
F4	This option was granted on December 6, 2024 as an option for 10,400 shares of Class A Common Stock under the 2022 Equity Incentive Plan at an exercise price of $13.08 per share, but adjusted pursuant to the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 18, 2025.
F5	This option was granted on December 5, 2025 as an option for 10,400 shares of Class A Common Stock under the 2022 Equity Incentive Plan at an exercise price of $8.53 per share. The options vest in quarterly installments beginning March 5, 2026.