S. Andrew Quist - 27 Mar 2025 Form 4 Insider Report for SECURITY NATIONAL FINANCIAL CORP (SNFCA)

Reporting relationship: Vice President/General Counsel, Director, 10%+ Owner
Issuer ticker: SNFCA
Reported as of: 27 Mar 2025
Net transaction value: +$3,077,698
SEC form: 4
Accepted by SEC: 31 Mar 2025, 18:38:55 UTC
Prior SEC filing: 26 Dec 2024
Next SEC filing: 09 Dec 2025
Source filing: View source filing
Reporting owner signature: /s/ Andrew Quist

Key filing fact

S. Andrew Quist filed Form 4 for SECURITY NATIONAL FINANCIAL CORP (SNFCA) on 31 Mar 2025.

Key facts

This page summarizes S. Andrew Quist's Form 4 filing for SECURITY NATIONAL FINANCIAL CORP (SNFCA).
12 reported transactions and 10 derivative rows are listed below.
Accepted by SEC: 31 Mar 2025, 18:38.

Change

Previous filing in this sequence was filed on 26 Dec 2024.
Current net transaction value: +$3,077,698.

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

Reported non-derivative transactions

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

SNFCA transaction

Class C Common Stock

Options Exercise

Transaction value: $149,010
Shares: +49,836
Change %: +47%
Price: $2.99
Shares after: 156,093
Date: 27 Mar 2025
Ownership: Direct

SNFCA transaction

Class A Common Stock

Disposed to Issuer

Transaction value: $149,012
Shares: -11,817
Change %: -7.6%
Price: $12.61
Shares after: 144,276
Date: 27 Mar 2025
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

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

SNFCA transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $131,346
Shares: +31,803
Change %
Price: $4.13
Shares after: 31,803
Date: 04 Dec 2015
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 31,803
Exercise price: $4.13
Footnotes: F3

SNFCA transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $137,815
Shares: +30,289
Change %: +95%
Price: $4.55
Shares after: 62,092
Date: 02 Dec 2016
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 30,289
Exercise price: $4.55
Footnotes: F4

SNFCA transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $99,234
Shares: +28,847
Change %: +46%
Price: $3.44
Shares after: 90,939
Date: 01 Dec 2017
Ownership: Direct
Underlying class: Class C Common Stock
Underlying amount: 28,847
Exercise price: $3.44
Footnotes: F5

SNFCA transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $135,986
Shares: +34,340
Change %: +38%
Price: $3.96
Shares after: 125,279
Date: 30 Nov 2018
Ownership: Direct
Underlying class: Class C Common Stock
Underlying amount: 34,340
Exercise price: $3.96
Footnotes: F6

SNFCA transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $149,010
Shares: -49,836
Change %: -28%
Price: $2.99
Shares after: 125,279
Date: 27 Mar 2020
Ownership: Direct
Underlying class: Class C Common Stock
Underlying amount: 49,836
Exercise price: $2.99
Footnotes: F7

SNFCA transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $513,295
Shares: +69,458
Change %: +55%
Price: $7.39
Shares after: 194,737
Date: 03 Dec 2021
Ownership: Direct
Underlying class: Class C Common Stock
Underlying amount: 69,458
Exercise price: $7.39
Footnotes: F8

SNFCA transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $515,970
Shares: +88,200
Change %: +45%
Price: $5.85
Shares after: 282,937
Date: 02 Dec 2022
Ownership: Direct
Underlying class: Class C Common Stock
Underlying amount: 88,200
Exercise price: $5.85
Footnotes: F9

SNFCA transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $637,560
Shares: +84,000
Change %: +30%
Price: $7.59
Shares after: 366,937
Date: 01 Dec 2023
Ownership: Direct
Underlying class: Class C Common Stock
Underlying amount: 84,000
Exercise price: $7.59
Footnotes: F10

SNFCA transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $100,010
Shares: +6,950
Change %: +1.9%
Price: $14.39
Shares after: 373,887
Date: 06 Dec 2024
Ownership: Direct
Underlying class: Class C Common Stock
Underlying amount: 6,950
Exercise price: $14.39
Footnotes: F11

SNFCA transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $955,494
Shares: +73,050
Change %: +20%
Price: $13.08
Shares after: 446,937
Date: 06 Dec 2024
Ownership: Direct
Underlying class: Class C Common Stock
Underlying amount: 73,050
Exercise price: $13.08
Footnotes: F12

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 12 footnotes

Footnote F1

Does not include 102,665 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan.

Footnote F2

Includes 42,112 shares of Class A Common Stock and 102,164 shares of Class C Common Stock.

Footnote F3

This option was granted on December 4, 2015 as an option for 20,000 shares of Class A Common Stock at an exercise price of $6.72 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 5, 2016, February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023 and July 12, 2024.

Footnote F4

This option was granted on December 2, 2016 as an option for 20,000 shares of Class A Common Stock at an exercise price of $7.03 per share, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 3, 2017, February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023 and July 12, 2024.

Footnote F5

This option was granted on December 1, 2017 as an option for either 20,000 shares of Class A Common Stock or 20,000 shares or Class C Common Stock at an exercise price of $5.05 per share. This option reflects the reporting person's election to have an option for 20,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 2, 2018, February 1, 2019, and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023 and July 12, 2024.

Footnote F6

This option was granted on November 30, 2018 as an option for either 25,000 shares of Class A Common Stock or 25,000 shares of Class C Common Stock at an exercise price of $5.52 per share. This option reflects the reporting person's election to have an option for 25,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution provisions of the 2013 Stock Option Plan to reflect 5% stock dividends paid on February 1, 2019 and February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023 and July 12, 2024.

Footnote F7

This option was granted on March 27, 2020 as an option for either 40,000 shares of Class A Common Stock or 40,000 shares of Class C Common Stock at an exercise price of $3.76 per share. This option reflects the reporting person's election to have an option for 40,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 2.5% stock dividend paid on July 17, 2020; and a 5% stock dividend paid on July 16, 2021, July 08, 2022, July 14, 2023 and July 12, 2024.

Footnote F8

This option was granted on December 3, 2021 as an option for either 60,000 shares of Class A Common Stock or 60,000 shares of Class C Common Stock at an exercise price of $8.62 per share. This option reflects the reporting person's election to have an option for 60,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 08, 2022, July 14, 2023 and July 12, 2024.

Footnote F9

This option was granted on December 2, 2022 as an option for either 80,000 shares of Class A Common Stock or 80,000 shares of Class C Common Stock at an exercise price of $6.48 per share. This option reflects the reporting person's election to have an option for 80,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 14, 2023 and July 12, 2024.

Footnote F10

This option was granted on December 1, 2023 as an option for either 80,000 shares of Class A Common Stock or 80,000 shares of Class C Common Stock at an exercise price of $7.99 per share. This option reflects the reporting person's election to have an option for 80,000 Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 12, 2024.

Footnote F11

This option was granted on December 6, 2024 as an option for either 6,950 shares of Class A Common Stock or 6,950 shares of Class C Common Stock at an exercise price of $14.39 per share. This option reflects the reporting person's election to have an option for 6,950 Class C Common Stock. The options vest in four equal quarterly installments, beginning on March 6, 2025.

Footnote F12

This option was granted on December 6, 2024 as an option for either 73,050 shares of Class A Common Stock or 73,050 shares of Class C Common Stock at an exercise price of $13.08 per share. This option reflects the reporting person's election to have an option for 73,050 Class C Common Stock. The options vest in four equal quarterly installments, beginning on March 6, 2025.