Insider Trading April 7, 2026

Security National Financial Director Sells 10,000 Shares in $94,500 Transaction

Gilbert A. Fuller reduces direct holdings as restricted equity awards continue to vest through 2026

By Maya Rios SNFCA
Security National Financial Director Sells 10,000 Shares in $94,500 Transaction
SNFCA

Security National Financial Corp director Gilbert A. Fuller disposed of 10,000 shares of Class A common stock on April 7, 2026, for $9.45 a share, a transaction valued at $94,500. The sale took place near the quoted market price and follows previously granted restricted stock units that will vest through the end of 2026.

Key Points

  • Director Gilbert A. Fuller sold 10,000 Class A shares at $9.45 each on April 7, 2026, totaling $94,500.
  • Following the sale Fuller directly holds 31,973 shares and received 1,846 Restricted Stock Units on December 5, 2025 that vest quarterly and fully by December 31, 2026.
  • The company was trading near $9.51 with a reported P/E ratio of 7.52; InvestingPro flags a low P/E relative to near-term earnings growth while its Fair Value model suggests the stock is fairly valued.

Director Gilbert A. Fuller reported the sale of 10,000 shares of Class A Common Stock of Security National Financial Corp (NASDAQ:SNFCA) on April 7, 2026, according to a Form 4 filing with the Securities and Exchange Commission.

The shares changed hands at $9.45 apiece, producing a total transaction value of $94,500. That execution price was close to the companys then-current trading level of $9.51, and the filing notes a trailing price-to-earnings ratio of 7.52 for the company.

Analysis cited in the filing notes that, by InvestingPros measures, SNFCA is trading at a relatively low P/E ratio when compared with near-term earnings growth expectations, while the platforms Fair Value assessment indicates the stock is fairly valued.

After completing the sale, Fuller retains direct ownership of 31,973 shares of Security National Financial Corp. The same Form 4 also discloses equity awarded to Fuller earlier: on December 5, 2025 he was granted 1,846 Restricted Stock Units under the companys 2022 Equity Incentive Plan.

Those restricted units were issued at an effective per-share price of $8.53. They are scheduled to vest on a quarterly basis and, according to the disclosure, are set to be fully vested by December 31, 2026.


Summary of key transaction details:

  • Seller: Gilbert A. Fuller, director of Security National Financial Corp
  • Date of sale: April 7, 2026
  • Quantity sold: 10,000 shares of Class A Common Stock
  • Sale price: $9.45 per share
  • Total value: $94,500
  • Post-transaction direct holdings: 31,973 shares
  • Restricted Stock Units granted: 1,846 on December 5, 2025 at $8.53 per unit; vest quarterly and fully vest by December 31, 2026

The filing provides a snapshot of a director-level liquidity event alongside ongoing equity compensation that remains subject to a defined vesting schedule. The disclosure also situates the trade relative to market metrics, noting both the contemporaneous share price and a reported P/E ratio, with InvestingPro commentary on valuation dynamics.

There is no additional context in the filing about the motivations for the sale or any planned future transactions, and the information provided is limited to the items disclosed on the Form 4.

Risks

  • The filing does not disclose a rationale for the sale, leaving intent and potential future insider activity unclear - this uncertainty can affect investor interpretation of insider transactions.
  • A portion of the directors equity position is tied up in Restricted Stock Units that do not fully vest until December 31, 2026, creating timing and liquidity considerations for holdings.
  • Valuation indicators present mixed signals: a low P/E relative to near-term earnings growth alongside a Fair Value assessment of fair valuation, highlighting ambiguity in how market participants may price the shares.

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