HEARD CARLOS LAWRENCE

PrivateCIK: 1849267
Location

BETHESDA, MD

HEARD CARLOS LAWRENCE (Senior Vice President & CFO) purchased 8.1% of their position (300.00 shares) of SAUL CENTERS, INC. on the open market

Open‑market purchase worth $6.2K — a moderate purchase. The strongest form of insider conviction signal.

P · 1 purchase
InsiderHEARD CARLOS LAWRENCECIK 1849267
IssuerSAUL CENTERS, INC.CIK 907254
Officer· Senior Vice President & CFO
Since Apr 2021
+300.00
Net shares
Net buyer
$6.2K
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
300.00 acquired
Non-Derivative Transactions1

Series D Preferred Stock

Direct
P · Purchase

Shares

+300.00

Price / share

$20.55

Trade value

$6.17K

% of position

8.1%
11/20/2025
3.70K4K
Total

Net shares

+300.00

Net value

$6.17K

Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)1

Common Stock

Direct
Shares owned4.73K
Total
4.73K direct4.73K
Derivative Holdings (Post-Transaction)5

Employee Stock Option

Direct
Underlying security
Common Stock

Underlying shares

10K

Shares owned

10K

Exercise price

43.89

Expiration

Exercise window

Employee Stock Option

Direct
Underlying security
Common Stock

Underlying shares

15K

Shares owned

15K

Exercise price

47.90

Expiration

Exercise window

Performance Shares

Direct
Underlying security
Common Stock

Underlying shares

2K

Shares owned

2K

Exercise price

0

Expiration

Exercise window

Performance Shares

Direct
Underlying security
Common Stock

Underlying shares

1.60K

Shares owned

1.60K

Exercise price

0

Expiration

Exercise window

Employee Stock Option

Direct
Underlying security
Common Stock

Underlying shares

15K

Shares owned

15K

Exercise price

33.79

Expiration

Exercise window

Total

Underlying

43.60K

Owned

43.60K

HEARD CARLOS LAWRENCE — Insider Transaction (Form 4) Filed Nov 20, 2025 | Finecho