Security National (NASDAQ: SNFCA) director reports RSU grant, share exercise and disposition

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

SECURITY NATIONAL FINANCIAL CORP director Gilbert A. Fuller reported equity compensation activity involving restricted stock units and Class A Common Stock. On April 1, 2026, he was credited with 615 restricted stock units tied to Class A Common Stock at $8.53 per share and exercised derivative rights to acquire 615 Class A Common shares. On the same date, 615 Class A Common shares were disposed of back to the issuer at $9.46 per share, leaving 41,973 Class A Common shares held directly. A prior grant on December 5, 2025 awarded 2,461 restricted stock units at $8.53 per share under the 2022 Equity Incentive Plan, vesting quarterly and fully vesting on December 31, 2026, with 1,846 restricted stock units remaining after the April transactions.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider FULLER GILBERT A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit	615	$8.53	$5K
Exercise	Class A Common Stock	615	$8.53	$5K
Disposition	Class A Common Stock	615	$9.46	$6K
Grant/Award	Restricted Stock Unit	2,461	$8.53	$21K

Holdings After Transaction: Restricted Stock Unit — 1,846 shares (Direct); Class A Common Stock — 42,588 shares (Direct)

Footnotes (1)

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Key Figures

RSU grant size: 2,461 units at $8.53 RSUs remaining: 1,846 units RSUs vested/credited: 615 units at $8.53 +4 more

7 metrics

RSU grant size 2,461 units at $8.53 Restricted stock units granted on December 5, 2025

RSUs remaining 1,846 units Restricted stock units following April 1, 2026 transaction

RSUs vested/credited 615 units at $8.53 Restricted stock units transaction on April 1, 2026

Shares acquired via exercise 615 shares Class A Common Stock from derivative exercise on April 1, 2026

Shares disposed to issuer 615 shares at $9.46 Class A Common Stock disposition to issuer on April 1, 2026

Common shares held after 41,973 shares Class A Common Stock directly held post-transaction

RSU full vesting date December 31, 2026 Scheduled full vesting of 2,461-unit RSU grant

Key Terms

Restricted Stock Unit, 2022 Equity Incentive Plan, disposition to issuer, Class A Common Stock, +1 more

5 terms

Restricted Stock Unit financial

"These restricted stock units were granted on December 5, 2025 for 2,461 shares"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

2022 Equity Incentive Plan financial

"shares of Class A Common Stock under the 2022 Equity Incentive Plan at a price of $8.53"

disposition to issuer financial

"transaction_code_description": "Disposition to issuer""

Class A Common Stock financial

"shares of Class A Common Stock under the 2022 Equity Incentive Plan"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

vest quarterly financial

"The units granted vest quarterly, and will be fully vested on December 31, 2026."

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 02:48 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

FULLER GILBERT A

(Last)

(First)

(Middle)

55 WANDERWOOD WAY

(Street)

SANDY

UTAH

84092

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SECURITY NATIONAL FINANCIAL CORP [ SNFCA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/01/2026	04/01/2026	M		615	A	$8.53	42,588	D
Class A Common Stock	04/01/2026	04/01/2026	D		615	D	$9.46	41,973	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	$8.53⁽¹⁾	12/05/2025		A		2,461		04/01/2026	12/31/2026	Class A Common Stock	2,461	$8.53	2,461	D
Restricted Stock Unit	$8.53⁽¹⁾	04/01/2026		A			615	04/01/2026	12/31/2026	Class A Common Stock	615	$8.53	1,846	D

Explanation of Responses:

1. These restricted stock units were granted on December 5, 2025 for 2,461 shares of Class A Common Stock under the 2022 Equity Incentive Plan at a price of $8.53 per share. The units granted vest quarterly, and will be fully vested on December 31, 2026.

	/s/ Gilbert A. Fuller	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Gilbert A. Fuller report for SNFCA on April 1, 2026?

On April 1, 2026, Gilbert A. Fuller was credited with 615 restricted stock units and acquired 615 shares of Class A Common Stock, then disposed of 615 Class A Common shares back to the issuer at $9.46 per share.

How many Security National Financial (SNFCA) shares does Gilbert A. Fuller hold after these transactions?

After the reported transactions, Gilbert A. Fuller directly holds 41,973 shares of Security National Financial Class A Common Stock and 1,846 restricted stock units that remain from an earlier 2,461-unit grant made under the 2022 Equity Incentive Plan.

What are the key terms of Gilbert A. Fuller’s restricted stock unit grant at SNFCA?

Fuller’s restricted stock units were granted on December 5, 2025 for 2,461 shares of Class A Common Stock at $8.53 per share. The units vest quarterly and are scheduled to be fully vested on December 31, 2026, under the 2022 Equity Incentive Plan.

What does the disposition to issuer mean in Gilbert A. Fuller’s SNFCA Form 4?

The Form 4 shows a disposition to issuer of 615 Class A Common shares at $9.46 per share. This means 615 shares were transferred back to Security National Financial Corp, reducing Fuller’s directly held Class A Common share count from 42,588 to 41,973.

Did Gilbert A. Fuller buy or sell SNFCA shares on the open market?

The reported transactions involve equity awards, derivative exercise, and a disposition to the issuer, not open-market purchases or sales. Codes A, M, and D indicate grant or award acquisition, derivative exercise or conversion, and disposition to issuer, respectively, rather than market trades.