PEARSON DAVID TODD (Executive V.P.-Real Estate) received a stock award from SAUL CENTERS, INC.

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

A · 1 award

PEARSON DAVID TODD

Filed: 5/19/2026ACC: 0001804456-26-000002

InsiderPEARSON DAVID TODDCIK 1804456

→

IssuerSAUL CENTERS, INC.CIK 907254

Officer· Executive V.P.-Real Estate

Since Mar 2020

-864.00

Net shares

Net seller

$39.8K

Total sold

Open market trades

0B · 0S

Total transactions

341.00 acquired · 1.21K disposed

Non-Derivative Transactions2

Common Stock

Direct

F · Tax Withholding

−1.21K

Price / share

$33.00

Trade value

$39.77K

% of position

1.6%

5/17/2026

77.59K→76.38K

Common Stock

Direct

A · Award

+341.00

Price / share

$33.00

Trade value

$11.25K

% of position

0.4%

5/17/2026

76.38K→76.72K

Total

Net shares

−864.00

Net value

-$28.51K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/17/2026	F · Tax Withholding	−1.21K	$33.00	$39.77K	1.6%	77.59K	76.38K
Common Stock Direct	5/17/2026	A · Award	+341.00	$33.00	$11.25K	0.4%	76.38K	76.72K
Total			−864.00		-$28.51K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned2.46K

Total

2.46K indirect2.46K

Security Title	Shares Owned	Ownership Type
Common Stock	2.46K	Indirect
Total	2.46K	2.46K indirect

Derivative Holdings (Post-Transaction)11

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

25K

Shares owned

25K

Exercise price

43.89

Expiration

—

Exercise window

—

Performance Shares

Direct

Underlying security

Common Stock

Underlying shares

14K

Shares owned

14K

Exercise price

Expiration

—

Exercise window

—

Performance Shares

Direct

Underlying security

Common Stock

Underlying shares

10.50K

Shares owned

10.50K

Exercise price

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

30K

Shares owned

30K

Exercise price

47.90

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

49.46

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

7.50K

Shares owned

7.50K

Exercise price

55.71

Expiration

—

Exercise window

—

Director Stock Option

Direct

Underlying security

Common Stock

Underlying shares

2.50K

Shares owned

2.50K

Exercise price

33.79

Expiration

—

Exercise window

—

Performance Shares

Direct

Underlying security

Common Stock

Underlying shares

17.50K

Shares owned

17.50K

Exercise price

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

15K

Shares owned

15K

Exercise price

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

59.41

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Shares

Underlying shares

30K

Shares owned

30K

Exercise price

33.79

Expiration

—

Exercise window

—

Total

Underlying

162K

Owned

162K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option Direct	Common Stock	43.89	—	—	25K	25K
Performance Shares Direct	Common Stock	0	—	—	14K	14K
Performance Shares Direct	Common Stock	0	—	—	10.50K	10.50K
Employee Stock Option Direct	Common Stock	47.90	—	—	30K	30K
Employee Stock Option Direct	Common Stock	49.46	—	—	5K	5K
Employee Stock Option Direct	Common Stock	55.71	—	—	7.50K	7.50K
Director Stock Option Direct	Common Stock	33.79	—	—	2.50K	2.50K
Performance Shares Direct	Common Stock	0	—	—	17.50K	17.50K
Employee Stock Option Direct	Common Stock	50	—	—	15K	15K
Employee Stock Option Direct	Common Stock	59.41	—	—	5K	5K
Employee Stock Option Direct	Common Shares	33.79	—	—	30K	30K
Total					162K	162K