Philip D. Caraci - 08 May 2026 Form 4 Insider Report for SAUL CENTERS, INC. (BFS)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
11 May 2026, 17:30:49 UTC
Prior SEC filing
13 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Carlos L. Heard, by Power of Attorney

Key filing fact

Philip D. Caraci filed Form 4 for SAUL CENTERS, INC. (BFS) on 11 May 2026.

Key facts

  • This page summarizes Philip D. Caraci's Form 4 filing for SAUL CENTERS, INC. (BFS).
  • 1 reported transaction and 2 derivative rows are listed below.
  • Accepted by SEC: 11 May 2026, 17:30.

Change

  • Previous filing in this sequence was filed on 13 May 2025.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001228461 Primary reporting owner

CARACI PHILIP D

Relationship
Director
Address
7501 WISCONSIN AVENUE, 15TH FLOOR, BETHESDA
Signature
/s/ Carlos L. Heard, by Power of Attorney
Signature date
11 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BFS transaction

Common Stock

Award

Transaction value
Shares
+2,000
Change %
+3.7%
Price
$0.000000*
Shares after
55,416
Date
08 May 2026
Ownership
Direct
Footnotes
F2
BFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
20,564
Date
08 May 2026
Ownership
Wife's-Trust
BFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,602
Date
08 May 2026
Ownership
Wife's IRA
BFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
53,187
Date
08 May 2026
Ownership
Self-Trust
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BFS holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,500
Date
08 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,500
Exercise price
$59.41
BFS holding Derivative

Phantom Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
39,329
Date
08 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
39,329
Exercise price
Footnotes
F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Self-Trust. Reporting person is a Trustee

Footnote F2

Represents restricted shares of Common Stock. Such shares vest on the first three anniversaries of May 8, 2026 in equal annual installments, assuming continued service.

Footnote F3

New phantom shares are issuable pursuant to the Issuers Deferred Compensation Plan for Directors, as amended and restated effective May 17, 2024 (the Deferred Compensation Plan), under its 2024 Stock Incentive Plan. Phantom shares issued prior to May 17, 2024, continue to be subject to the terms of the Issuers deferred compensation plan for directors in effect prior to the amendment and restatement of the Deferred Compensation Plan.

Footnote F4

The conversion of phantom shares issued on or after May 17, 2024, into shares of the Issuers common stock is governed pursuant to terms of the Issuers Deferred Compensation Plan under its 2024 Stock Plan and the reporting persons Deferred Fee Agreement. The conversion of phantom shares issued prior to May 17, 2024, into shares of the Issuers common stock is governed pursuant to the terms of the Issuers deferred compensation plan for directors in effect prior to the amendment and restatement of the Deferred Compensation Plan and the reporting persons Deferred Fee Agreement.

Footnote F5

Includes 2,860.835 shares awarded July 31, 2025, October 31, 2025, January 30, 2026 and April 30, 2026 as dividend reinvestments on shares of phantom stock held by the reporting person pursuant to the Deferred Compensation Plan.

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