GODBY LORI (Senior Vice Pres.-Residential) received a stock award from SAUL CENTERS, INC.

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 1 award

GODBY LORI

Filed: 5/13/2026ACC: 0001851292-26-000001

InsiderGODBY LORICIK 1851292

→

IssuerSAUL CENTERS, INC.CIK 907254

Officer· Senior Vice Pres.-Residential

Since May 2021

+966.00

Net shares

Net buyer

$1.2K

Total sold

Open market trades

0B · 0S

Total transactions

1K acquired · 34.00 disposed

Non-Derivative Transactions2

Common Stock

Direct

A · Award

+500.00

Price / share

—

Trade value

—

% of position

35.3%

5/8/2026

1.42K→1.92K

Common Stock

Direct

F · Tax Withholding

−34.00

Price / share

$35.19

Trade value

$1.20K

% of position

1.8%

5/9/2026

1.92K→1.88K

Total

Net shares

+466.00

Net value

-$1.20K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/8/2026	A · Award	+500.00	—	—	35.3%	1.42K	1.92K
Common Stock Direct	5/9/2026	F · Tax Withholding	−34.00	$35.19	$1.20K	1.8%	1.92K	1.88K
Total			+466.00		-$1.20K

Derivative Transactions1

Performance Shares

Direct

A · Award

Converts to

Common Stock

500.00 shares

+500.00

Strike price

Held after

500.00

Exercisable

—

5/8/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Performance Shares Direct	Common Stock500.00 shares	5/8/2026	A · Award	+500.00	0	—	500.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)5

Performance Shares

Direct

Underlying security

Common Stock

Underlying shares

300.00

Shares owned

300.00

Exercise price

Expiration

—

Exercise window

—

Performance Shares

Direct

Underlying security

Common Stock

Underlying shares

400.00

Shares owned

400.00

Exercise price

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

43.89

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

33.79

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

47.90

Expiration

—

Exercise window

—

Total

Underlying

15.70K

Owned

15.70K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Performance Shares Direct	Common Stock	0	—	—	300.00	300.00
Performance Shares Direct	Common Stock	0	—	—	400.00	400.00
Employee Stock Option Direct	Common Stock	43.89	—	—	5K	5K
Employee Stock Option Direct	Common Stock	33.79	—	—	5K	5K
Employee Stock Option Direct	Common Stock	47.90	—	—	5K	5K
Total					15.70K	15.70K