PEARSON DAVID TODD (Executive V.P.-Real Estate) purchased 3.4% of their position (2.60K shares) of SAUL CENTERS, INC. on the open market

Open‑market purchase worth $90.3K — a small addition. The strongest form of insider conviction signal.

P · 1 purchase

PEARSON DAVID TODD

Filed: 6/1/2026ACC: 0001804456-26-000003

InsiderPEARSON DAVID TODDCIK 1804456

→

IssuerSAUL CENTERS, INC.CIK 907254

Officer· Executive V.P.-Real Estate

Since Mar 2020

+2.60K

Net shares

Net buyer

$90.3K

Total acquired

Open market trades

1B · 0S

Total transactions

2.60K acquired

Non-Derivative Transactions1

Common Stock

Direct

P · Purchase

+2.60K

Price / share

$34.74

Trade value

$90.34K

% of position

3.4%

5/28/2026

76.72K→79.32K

Total

Net shares

+2.60K

Net value

$90.34K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/28/2026	P · Purchase	+2.60K	$34.74	$90.34K	3.4%	76.72K	79.32K
Total			+2.60K		$90.34K

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 Shares

Underlying shares

30K

Shares owned

30K

Exercise price

33.79

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 Stock

Underlying shares

15K

Shares owned

15K

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

—

Performance Shares

Direct

Underlying security

Common Stock

Underlying shares

10.50K

Shares owned

10.50K

Exercise price

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

Shares owned

Exercise price

49.46

Expiration

—

Exercise window

—

Performance Shares

Direct

Underlying security

Common Stock

Underlying shares

14K

Shares owned

14K

Exercise price

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

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

25K

Shares owned

25K

Exercise price

43.89

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

—

Total

Underlying

162K

Owned

162K

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