Willoughby B. Laycock - 17 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
19 May 2026, 16:36:18 UTC
Prior SEC filing
12 May 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Carlos L. Heard, by Power of Attorney

Key filing fact

Willoughby B. Laycock filed Form 4 for SAUL CENTERS, INC. (BFS) on 19 May 2026.

Key facts

  • This page summarizes Willoughby B. Laycock's Form 4 filing for SAUL CENTERS, INC. (BFS).
  • 2 reported transactions and 8 derivative rows are listed below.
  • Accepted by SEC: 19 May 2026, 16:36.

Change

  • Previous filing in this sequence was filed on 12 May 2026.
  • 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 0001771496 Primary reporting owner

Laycock Willoughby B.

Relationship
SVP-Res. Design/Mrkt Research, Director
Address
7501 WISCONSIN AVE., SUITE 1400, BETHESDA
Signature
/s/ Carlos L. Heard, by Power of Attorney
Signature date
19 May 2026

Reported non-derivative transactions

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

BFS transaction

Common Stock

Tax liability

Transaction value
Shares
-35
Change %
-0.72%
Price
$33.00*
Shares after
4,804
Date
17 May 2026
Ownership
Direct
BFS transaction

Common Stock

Award

Transaction value
Shares
+10
Change %
+0.21%
Price
$33.00*
Shares after
4,814
Date
17 May 2026
Ownership
Direct
Footnotes
F1
BFS holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
250
Date
17 May 2026
Ownership
Spouse-401K

Reported derivative securities

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

BFS holding Derivative

Employee Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
5,000
Date
17 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,000
Exercise price
$55.71
Footnotes
F2
BFS holding Derivative

Director Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,500
Date
17 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,500
Exercise price
$55.71
BFS holding Derivative

Employee Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
10,000
Date
17 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,000
Exercise price
$50.00
Footnotes
F2
BFS holding Derivative

Director Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,500
Date
17 May 2026
Ownership
Direct
Underlying class
Common Shares
Underlying amount
2,500
Exercise price
$47.90
BFS holding Derivative

Phantom Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,243
Date
17 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,243
Exercise price
Footnotes
F3, F4
BFS holding Derivative

Performance Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
300
Date
17 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
300
Exercise price
$0.000000
BFS holding Derivative

Performance Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
400
Date
17 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
400
Exercise price
$0.000000
BFS holding Derivative

Performance Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
500
Date
17 May 2026
Ownership
Direct
Underlying class
Common Stock
Underlying amount
500
Exercise price
$0.000000
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Shares acquired in an exempt transaction as dividend equivalents on filers restricted stock award, which vested on May 17, 2026.

Footnote F2

The options vest 25% per year over four years from the date of grant.

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.

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