---
schema_version: "secwatch.filing_event.v1"
accession: "0000907254-24-000055"
form_type: "8-K"
ticker: "BFS"
cik: "0000907254"
company_name: "SAUL CENTERS, INC."
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T11:53:11.062967+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "medium"
source: SEC EDGAR
---

# Saul Centers shareholders elect directors, approve share increase and 2024 stock plan

## Summary
- Elected Philip D. Caraci, Willoughby B. Laycock, LaSalle D. Leffall III, Earl A. Powell III, and Mark Sullivan III to board for three-year terms.
- Ratified Deloitte & Touche LLP as independent auditor with 23,013,333 votes for, 9,068 against.
- Approved 2024 Stock Incentive Plan with 14,887,693 for, 7,143,085 against.
- Charter amended to increase authorized common shares from 40M to 50M and excess stock from 41M to 51M.
- Posted annual presentation summarizing 2024 operating results and business activities on website.

## SEC filing metadata
- accession: 0000907254-24-000055
- form_type: 8-K
- ticker: BFS
- cik: 0000907254
- company_name: SAUL CENTERS, INC.
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: medium
- sec_items: 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/907254/000090725424000055/0000907254-24-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/907254/000090725424000055/bfs-20240517.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000907254-24-000055
- JSON: https://secwatch.observer/filing/0000907254-24-000055.json
- Plain text: https://secwatch.observer/filing/0000907254-24-000055.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.