Compensation award — excluded from discretionary-purchase analysis.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
May 8, 2026
Reporting period
Not applicable
Filed with the SEC
May 13, 2026
OfficerGrant / award
Context
Classification
grant award
Code A — grant or award
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001472420-26-000002
Filed / recorded
May 13, 2026, 12:57 AM UTC
Added to OQRO
Oct 6, 2026, 10:14 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
SAUL CENTERS, INC.
Issuer CIK
907254
Ticker
BFS
Reporting person
Joel Albert Friedman
Relationship
Officer
Officer title
Exec VP, CAO & Treasurer
Security
Performance Shares
Table
Derivative (Table II)
Transaction date
May 8, 2026
Transaction code
A
Shares / units
2,000
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
2,000
Ownership form
Direct
Amendment
No
Footnotes from the filing
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.