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    Saul Centers Inc. filed SEC Form 8-K: Leadership Update

    11/26/25 1:20:54 PM ET
    $BFS
    Real Estate Investment Trusts
    Real Estate
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    bfs-20251125
    0000907254false00009072542025-11-252025-11-250000907254us-gaap:CommonStockMember2025-11-252025-11-250000907254us-gaap:SeriesDPreferredStockMember2025-11-252025-11-250000907254us-gaap:SeriesEPreferredStockMember2025-11-252025-11-25

    `
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    FORM8-K
    CURRENT REPORT
    PURSUANT TO SECTION 13 OR 15(d)
    OF THE SECURITIES EXCHANGE ACT OF 1934
    Date of Report (Date of earliest event reported): November 25, 2025
     
    SAUL CENTERS, INC.
    (Exact name of registrant as specified in its charter)
    Maryland1-1225452-1833074
    (State or Other Jurisdiction of Incorporation)
    (Commission File Number)
    (IRS Employer Identification Number)
    7501 Wisconsin Avenue, Suite 1500E, Bethesda, Maryland 20814
    (Address of principal executive office) (Zip Code)
    Registrant's telephone number, including area code (301) 986-6200
    Not Applicable
    (Former name or former address, if changed since last report)
    _______________________________

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
    ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each class:
    Trading symbol:
    Name of exchange on which registered:
    Common Stock, Par Value $0.01 Per ShareBFSNew York Stock Exchange
    Depositary Shares each representing 1/100th of a share of 6.125% Series D Cumulative Redeemable Preferred Stock, Par Value $0.01 Per ShareBFS/PRDNew York Stock Exchange
    Depositary Shares each representing 1/100th of a share of 6.000% Series E Cumulative Redeemable Preferred Stock, Par Value $0.01 Per ShareBFS/PRENew York Stock Exchange
        Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
        Emerging growth company ☐
        If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    ☐



    Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

    On November 25, 2025, John E. Chapoton resigned from the Board of Directors of Saul Centers, Inc. (the “Company”), effective as of the same date. Mr. Chapoton’s resignation is not the result of any disagreement with the Company about its operations, policies or practices.

    2


    SIGNATURES
        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

                            SAUL CENTERS, INC.
                            By:    /s/ Carlos L. Heard
                                Carlos L. Heard
    Senior Vice President and Chief Financial Officer
                                                                                            
    Dated: November 26, 2025    

    3
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