X0609 4 2026-05-08 0 0000907254 SAUL CENTERS, INC. BFS 0001972629 Lotuff Patricia Saul false 7501 WISCONSIN AVENUE SUITE 1500 BETHESDA MD 20814 1 1 0 0 Vice Chair 0 Common Stock 2026-05-08 4 A 0 2000 0 A 23833.641 D Common Stock 2026-05-09 4 F 0 152 35.19 D 23681.641 D Common Stock 2026-05-09 4 A 0 18 35.19 A 23699.641 D Director Stock Option 33.79 2023-05-12 2033-05-12 Common Stock 2500 2500 D Performance Shares 0 2029-05-17 2029-05-17 Common Stock 1200 1200 D Performance Shares 0 2030-05-09 2030-05-09 Common Stock 1600 1600 D Performance Shares 0 2026-05-08 4 A 0 2000 0 A 2031-05-08 2031-05-08 Common Stock 2000 2000 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 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