← United States · Coverage record
US · SEC FORM 4
SAUL CENTERS, INC.
BFS · NYSE · CIK 0000907254 · Real Estate · REIT—Retail
INSIDER SIGNAL
2 buyers · 2 purchase transaction lines · $94.1K gross purchase
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
What is holding the score back?
- ⚠ Cluster breadth is moderate · 2 insider(s), not 4+
- ⚠ Purchase size is modest relative to the model scale
- ⚠ Role scores low · most senior buyer: President & COO (CEO, chair and 10% owners score lowest)
- ✓ Recent activity · latest purchase 2026-09-28
Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.
US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.
Insider activity timeline
Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.
Showing the six most active owners; 15 additional owner(s) remain in Form 4 evidence.
Purchase breadth & concentration
Roles in the peak window: President & COO. Concentration uses priced qualifying P lines only and does not change the saved score.
SIGNAL HISTORY
Latest recorded score
- 52.2
- 52.0
- 51.8
- 51.7
- 51.4
Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.
Recent Form 4 activity
P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.
Market context
Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.
Price performance
- 1M
- -5.2%
- 3M
- -17.3%
- 6M
- -11.4%
- 12M
- -2.5%
Volatility & liquidity
- Volatility
- 20.3%
- Beta
- —
- Avg daily value
- USD 3.5M
Valuation
- Market cap
- USD 741.5M
- P/E
- 19.8×
Fundamentals
- Profit margin
- 12.9%
- ROE
- 12.2%
- Industry
- REIT—Retail
Market data
Price data up to: 2026-10-11 · Price source: OpenBB/yfinance; volume from price cache (yfinance) · From SEC filings: Market cap, P/E, Profit margin, ROE · Fiscal year ended: 2025-12-31 · Market cap is the shares outstanding stated on the filing cover multiplied by the latest close. Share count date: 2026-08-03 · Status: PASS
Short interest
Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.
- Shares short
- 495,953
- Previous report
- 502,575
- Avg daily volume
- 166,052
- Days to cover
- 3.0
FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.
Historical equity purchases
Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.
| Transaction date | Reporting owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-09-28 | Friedman Joel Albert | Purchase (P) | Series E Preferred Stock | 200 | USD 18.53 | USD 3,706 | SEC filing ↗ |
| 2026-05-28 | Pearson David Todd | Purchase (P) | Common Stock | 2,600 | USD 34.75 | USD 90,350 | SEC filing ↗ |
| 2025-11-20 | Heard Carlos Lawrence | Purchase (P) | Series D Preferred Stock | 300 | USD 20.55 | USD 6,165 | SEC filing ↗ |
| 2025-11-18 | Heard Carlos Lawrence | Purchase (P) | Series D Preferred Stock | 600 | USD 20.35 | USD 12,210 | SEC filing ↗ |
| 2025-11-17 | Heard Carlos Lawrence | Purchase (P) | Series D Preferred Stock | 600 | USD 20.54 | USD 12,324 | SEC filing ↗ |
| 2025-11-14 | Heard Carlos Lawrence | Purchase (P) | Series D Preferred Stock | 450 | USD 20.50 | USD 9,225 | SEC filing ↗ |
| 2025-11-13 | Heard Carlos Lawrence | Purchase (P) | Series D Preferred Stock | 450 | USD 20.60 | USD 9,270 | SEC filing ↗ |
| 2025-11-12 | Pearson David Todd | Purchase (P) | Common Stock | 3,348 | USD 29.86 | USD 99,971 | SEC filing ↗ |
| 2025-11-12 | Heard Carlos Lawrence | Purchase (P) | Series D Preferred Stock | 450 | USD 20.70 | USD 9,315 | SEC filing ↗ |
| 2025-11-12 | Collich John | Purchase (P) | Common Stock | 2,000 | USD 29.99 | USD 59,980 | SEC filing ↗ |
| 2025-11-11 | Heard Carlos Lawrence | Purchase (P) | Series D Preferred Stock | 450 | USD 20.85 | USD 9,382 | SEC filing ↗ |
| 2025-05-21 | Guevara Bettina T. | Purchase (P) | Common Stock | 210 | USD 33.00 | USD 6,930 | SEC filing ↗ |
| 2025-05-21 | Pearson David Todd | Purchase (P) | Common Stock | 1,362 | USD 32.96 | USD 44,892 | SEC filing ↗ |
| 2025-05-14 | SAUL B FRANCIS II | Purchase (P) | Common Stock | 2,821 | USD 33.22 | USD 93,714 | SEC filing ↗ |
| 2025-05-13 | SAUL B FRANCIS II | Purchase (P) | Common Stock | 7,179 | USD 33.59 | USD 241,143 | SEC filing ↗ |
Form 4 evidence
100 transaction lines in the latest 365-day window; 341 in local history.
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-09-28 | Friedman Joel Albert | Purchase (P) | Series E Preferred Stock | 200 | USD 18.53 | USD 3,706 | SEC filing ↗ |
| 2026-05-28 | Pearson David Todd | Purchase (P) | Common Stock | 2,600 | USD 34.75 | USD 90,350 | SEC filing ↗ |
| 2026-05-17 | Saul Patricia E. | Tax withholding (F) | Common Stock | 152 | USD 33.00 | USD 5,016 | SEC filing ↗ |
Show recent Form 4 evidence (30 grouped rows)
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-09-28 | Friedman Joel Albert | Purchase (P) | Series E Preferred Stock | 200 | USD 18.53 | USD 3,706 | SEC filing ↗ |
| 2026-05-28 | Pearson David Todd | Purchase (P) | Common Stock | 2,600 | USD 34.75 | USD 90,350 | SEC filing ↗ |
| 2026-05-17 | Saul Patricia E. | Tax withholding (F) | Common Stock | 152 | USD 33.00 | USD 5,016 | SEC filing ↗ |
| 2026-05-17 | Saul Patricia E. | Award / grant (A) | Common Stock | 37 | USD 33.00 | USD 1,221 | SEC filing ↗ |
| 2026-05-17 | SAUL B FRANCIS II | Award / grant (A) | Common Stock | 572 | USD 33.00 | USD 18,876 | SEC filing ↗ |
| 2026-05-17 | Pearson David Todd | Tax withholding (F) | Common Stock | 1,205 | USD 33.00 | USD 39,765 | SEC filing ↗ |
| 2026-05-17 | Pearson David Todd | Award / grant (A) | Common Stock | 341 | USD 33.00 | USD 11,253 | SEC filing ↗ |
| 2026-05-17 | Laycock Willoughby B. | Tax withholding (F) | Common Stock | 35 | USD 33.00 | USD 1,155 | SEC filing ↗ |
| 2026-05-17 | Laycock Willoughby B. | Award / grant (A) | Common Stock | 10 | USD 33.00 | USD 330 | SEC filing ↗ |
| 2026-05-17 | Heard Carlos Lawrence | Tax withholding (F) | Common Stock | 131 | USD 33.00 | USD 4,323 | SEC filing ↗ |
| 2026-05-17 | Heard Carlos Lawrence | Award / grant (A) | Common Stock | 40 | USD 33.00 | USD 1,320 | SEC filing ↗ |
| 2026-05-17 | Hachey Donald A | Tax withholding (F) | Common Stock | 93 | USD 33.00 | USD 3,069 | SEC filing ↗ |
| 2026-05-17 | Hachey Donald A | Award / grant (A) | Common Stock | 31 | USD 33.00 | USD 1,023 | SEC filing ↗ |
| 2026-05-17 | Guevara Bettina T. | Tax withholding (F) | Common Stock | 179 | USD 33.00 | USD 5,907 | SEC filing ↗ |
| 2026-05-17 | Guevara Bettina T. | Award / grant (A) | Common Stock | 45 | USD 33.00 | USD 1,485 | SEC filing ↗ |
| 2026-05-17 | Godby Lori | Tax withholding (F) | Common Stock | 34 | USD 33.00 | USD 1,122 | SEC filing ↗ |
| 2026-05-17 | Garland Judith K. | Tax withholding (F) | Common Stock | 71 | USD 33.00 | USD 2,343 | SEC filing ↗ |
| 2026-05-17 | Garland Judith K. | Award / grant (A) | Common Stock | 19 | USD 33.00 | USD 627 | SEC filing ↗ |
| 2026-05-17 | Friedman Joel Albert | Tax withholding (F) | Common Stock | 130 | USD 33.00 | USD 4,290 | SEC filing ↗ |
| 2026-05-17 | Friedman Joel Albert | Award / grant (A) | Common Stock | 40 | USD 33.00 | USD 1,320 | SEC filing ↗ |
| 2026-05-17 | Friedlis Zachary Maxwell | Tax withholding (F) | Common Stock | 96 | USD 33.00 | USD 3,168 | SEC filing ↗ |
| 2026-05-17 | Friedlis Zachary Maxwell | Award / grant (A) | Common Stock | 31 | USD 33.00 | USD 1,023 | SEC filing ↗ |
| 2026-05-17 | Collich John | Tax withholding (F) | Common Stock | 98 | USD 33.00 | USD 3,234 | SEC filing ↗ |
| 2026-05-17 | Collich John | Award / grant (A) | Common Stock | 30 | USD 33.00 | USD 990 | SEC filing ↗ |
| 2026-05-09 | SAUL B FRANCIS II | Award / grant (A) | Common Stock | 268 | USD 35.19 | USD 9,431 | SEC filing ↗ |
| 2026-05-09 | Pearson David Todd | Tax withholding (F) | Common Stock | 1,206 | USD 35.19 | USD 42,439 | SEC filing ↗ |
| 2026-05-09 | Pearson David Todd | Award / grant (A) | Common Stock | 157 | USD 35.19 | USD 5,525 | SEC filing ↗ |
| 2026-05-09 | Lotuff Patricia Saul | Tax withholding (F) | Common Stock | 152 | USD 35.19 | USD 5,349 | SEC filing ↗ |
| 2026-05-09 | Lotuff Patricia Saul | Award / grant (A) | Common Stock | 18 | USD 35.19 | USD 633 | SEC filing ↗ |
| 2026-05-09 | Laycock Willoughby B. | Tax withholding (F) | Common Stock | 36 | USD 35.19 | USD 1,267 | SEC filing ↗ |
Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.
Snapshot & identity
| Snapshot date | 2026-10-18 |
|---|---|
| Ranking version | US-v1.2 |
| Data quality | PASS ELIGIBLE · — |
| Ticker | BFS |
| CIK | 0000907254 |
| Sector | Real Estate |
| Industry | REIT—Retail Yahoo Finance |
| SEC SIC | 6798 Real Estate Investment Trusts |
| Exchange | NYSE |
Data coverage
| Local Form 4 history | 341 transaction lines from 2020-01-27 to 2026-09-28 51 P purchase lines · 25 S sale lines · 265 other lines |
|---|---|
| SEC company submissions | Open SEC filings ↗ |
Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.