SECURITY NATIONAL FINANCIAL CORP
For the period ended Jun 30, 2026. Filed Aug 10, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unregistered Sales of Equity Securities and Use of Proceeds
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds. |
|---|
Recent Sales of Unregistered Securities and Use of Proceeds from Registered Securities
None.
Issuer Purchases of Equity Securities
On February 16, 2026, the Company executed a 10b5-1 agreement with a broker to repurchase shares of the Company’s Class A Common Stock. Under the terms of the agreement, the broker is permitted to repurchase up to $1,000,000 of the Company’s Class A Common Stock. Purchases commenced on March 16, 2026. The agreement is subject to the daily time, price, and volume conditions of Rule 10b-18. On June 16, 2026 the Company terminated the 10b5-1 share repurchase plan because the authorized repurchase limit of 1,000,000 shares had been reached.
The following table shows the Company’s repurchase activity during the three-month period ended June 30, 2026, under the 10b5-1 agreement.
| Period | (a) Total Number of Class A Shares Purchased | (b) Average Price Paid per Class A Share (1) | (c) Total Number of Class A Shares Purchased as Part of Publicly Announced Plan or Program | (d) Maximum Number (or Approximate Dollar Value) of Class A Shares that May Yet Be Purchased Under the Plan or Program (2) |
|---|---|---|---|---|
| 4/1/2026-4/30/2026 | 12,030 | $9.48 | - | 37,342 |
| 5/1/2026-5/31/2026 | 28,102 | 9.41 | - | 9,240 |
| 6/1/2026-6/30/2026 | 10,441 | 9.43 | - | (1,201) |
| Total | 50,573 | $9.43 | - | (1,201) |
| (1) | Includes fees and commissions paid on stock repurchases. |
| (2) | In September 2018, the Board of Directors of the Company approved a Stock Repurchase Plan that authorized the repurchase of 300,000 shares of the Company’s Class A Common Stock in the open market. The Company amended the Stock Repurchase Plan on December 4, 2020. The amendment authorized the repurchase of a total of 1,000,000 shares of the Company’s Class A Common Stock in the open market. Any repurchased shares of Class A common stock are to be held as treasury shares to be used as the Company’s employer matching contribution to the Employee 401(k) Retirement Savings Plan and for shares held in the Deferred Compensation Plan. |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.