X0609
4
2026-05-08
0
0000907254
SAUL CENTERS, INC.
BFS
0002008933
Friedlis Zachary Maxwell
false
7501 WISCONSIN AVENUE
SUITE 1500
BETHESDA
MD
20814
0
1
0
0
Sr. VP-Director of Leasing
0
Series D Preferred Stock
3704.552
D
Common Stock
2026-05-08
4
A
0
1500
0
A
6726.575
D
Common Stock
2026-05-09
4
F
0
97
35.19
D
6629.575
D
Common Stock
2026-05-09
4
A
0
13
35.19
A
6642.575
D
Performance Shares
0
2029-05-17
2029-05-17
Common Stock
900
900
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.
Balance increased by April 30, 2026 Dividend Reinvestment Plan award of 20.482 shares.
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