0001849366-26-000001.txt : 20260512 0001849366-26-000001.hdr.sgml : 20260512 20260512205641 ACCESSION NUMBER: 0001849366-26-000001 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20260508 FILED AS OF DATE: 20260512 DATE AS OF CHANGE: 20260512 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Garland Judith K. CENTRAL INDEX KEY: 0001849366 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12254 FILM NUMBER: 26970545 MAIL ADDRESS: STREET 1: 7501 WISCONSIN AVENUE STREET 2: SUITE 1500 CITY: BETHESDA STATE: MD ZIP: 20814 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SAUL CENTERS, INC. CENTRAL INDEX KEY: 0000907254 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction EIN: 521833074 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7501 WISCONSIN AVENUE STREET 2: SUITE 1500 CITY: BETHESDA STATE: MD ZIP: 20814 BUSINESS PHONE: 301-986-7737 MAIL ADDRESS: STREET 1: 7501 WISCONSIN AVENUE STREET 2: SUITE 1500 CITY: BETHESDA STATE: MD ZIP: 20814 FORMER COMPANY: FORMER CONFORMED NAME: SAUL CENTERS INC DATE OF NAME CHANGE: 19930617 4 1 wk-form4_1778633799.xml FORM 4 X0609 4 2026-05-08 0 0000907254 SAUL CENTERS, INC. BFS 0001849366 Garland Judith K. false 7501 WISCONSIN AVENUE SUITE 1500 BETHESDA MD 20814 0 1 0 0 SVP, Office and Retail 0 Common Stock 2026-05-08 4 A 0 1500 0 A 4989 D Common Stock 2026-05-09 4 F 0 106 35.19 D 4883 D Common Stock 2026-05-09 4 A 0 13 35.19 A 4896 D Employee Stock Option 43.89 2021-05-07 2031-05-07 Common Stock 5000 5000 D Employee Stock Option 47.90 2022-05-13 2032-05-13 Common Stock 5000 5000 D Employee Stock Option 33.79 2023-05-12 2033-05-12 Common Stock 10000 10000 D Performance Shares 0 2029-05-17 2029-05-17 Common Stock 600 600 D Performance Shares 0 2030-05-09 2030-05-09 Common Stock 1200 1200 D Performance Shares 0 2026-05-08 4 A 0 1500 0 A 2031-05-08 2031-05-08 Common Stock 1500 1500 D Represents restricted shares of Common Stock. Such shares vest on the first five anniversaries of May 8, 2026 in equal annual installments, assuming continued employment. Shares acquired in an exempt transaction as dividend equivalents on filers restricted stock award, which vested on May 9, 2026. The options vest 25% per year over four years from the date of grant. The performance share award provides for the grant of restricted shares of Common Stock on each of the five anniversaries of May 8, 2026 in equal annual installments. The number of restricted shares of such grant that vest, if any, is (i) subject to cliff-vesting on May 8, 2031, and (2) achievement of performance criteria relating to the Companys target Funds from Operations available to common stockholders and noncontrolling interests (FFO) measured against an FFO amount included in the budget established by the Board of Directors annually prior to the start of such calendar year. /s/ Carlos L. Heard, by Power of Attorney 2026-05-12