MarketPeel
Insider Trading Intelligence
CH

Carlos Lawrence Heard

BFS
SENIOR VICE PRESIDENT & CFO · SAUL CENTERS, INC. · CIK 0001849267
FILING MIX · LIFETIME83%/17%
BUYS
29
SELLS
6
TOTAL VALUE
$556.3K
COMPANIES
1
ACTIVE SINCE
May 2021
HOLDINGS NOW
7,733
AVG SELL PX
$34.19
TRADE KIND
SHOWING 35 / 35
Trades · vs SPY
Loading price series…
Performance · forward returns vs SPY
13 backtested trades · 8 horizons · 19 pendingHow are these numbers computed? →
Forward-return performance of every backtestable P/S trade by Carlos Lawrence Heard, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d13+84.62%+1.91%+0.59%+1.32%+2.02%
14d13+69.23%+2.48%+2.13%+0.35%+0.99%
30d13+76.92%+3.40%+1.97%+1.42%+2.60%
60d13+84.62%+4.62%+3.73%+0.67%+2.47%
90d13+84.62%+10.08%+4.16%+5.92%+8.75%
180d13(1 pending)+75.00%+6.18%+7.92%-1.74%-1.84%
1y13(8 pending)+20.00%-12.71%+15.04%-27.75%-30.18%
2y13(10 pending)+0.00%-6.98%+41.63%-48.61%-49.10%
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
BFS · 7,733.16 shares · as of May 17, 2026
03,7507,50011,25015,00020222023202420252026SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2021
2021
2021
2022
2022
2022
2022
2023
2023
2023
2023
2024
2024
2024
2024
2025
2025
2025
2025
2026
2026
FLOW · 29 buys / 6 sellsCOVERAGE · 21 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
BFS
SAUL CENTERS, INC.
SALE
Senior Vice President & CFO
131$33.00$4.3K7,693.16May 17, 2026May 19, 2026View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
40$33.00$1.3K7,733.16May 17, 2026May 19, 2026View →
BFS
SAUL CENTERS, INC.
SALE
Senior Vice President & CFO
131$35.19$4.6K7,805.16May 9, 2026May 12, 2026View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
19$35.19$6697,824.16May 9, 2026May 12, 2026View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
2,0007,936.16May 8, 2026May 12, 2026View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
2,0002,000May 8, 2026May 12, 2026View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
500$20.60$10.3K4,500Mar 30, 2026Apr 1, 2026View →
BFS
SAUL CENTERS, INC.
SALE
Senior Vice President & CFO
4001,200Mar 11, 2026Mar 12, 2026View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
8005,530.835Mar 11, 2026Mar 12, 2026View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
4005,930.835Mar 11, 2026Mar 12, 2026View →
BFS
SAUL CENTERS, INC.
SALE
Senior Vice President & CFO
4001,600Mar 11, 2026Mar 12, 2026View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
300$20.55$6.2K4,000Nov 20, 2025Nov 20, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
600$20.35$12.2K3,700Nov 18, 2025Nov 18, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
600$20.54$12.3K3,100Nov 17, 2025Nov 18, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
450$20.50$9.2K2,500Nov 14, 2025Nov 18, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
450$20.60$9.3K2,050Nov 13, 2025Nov 13, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
450$20.70$9.3K1,600Nov 12, 2025Nov 13, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
450$20.85$9.4K1,150Nov 11, 2025Nov 13, 2025View →
BFS
SAUL CENTERS, INC.
SALE
Senior Vice President & CFO
131$34.39$4.5K4,699.252May 17, 2025May 21, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
20$34.39$6884,719.252May 17, 2025May 21, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
2,0002,000May 9, 2025May 13, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
2,0004,830.252May 9, 2025May 13, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
4002,622.632Mar 6, 2025Mar 10, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
2002,826.191Mar 6, 2025Mar 10, 2025View →
BFS
SAUL CENTERS, INC.
SALE
Senior Vice President & CFO
4001,600Mar 6, 2025Mar 10, 2025View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
300$21.69$6.5K700Dec 17, 2024Dec 19, 2024View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
200$23.25$4.7K400Sep 27, 2024Oct 1, 2024View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
2,0002,219.266May 17, 2024May 21, 2024View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
2,0002,000May 17, 2024May 21, 2024View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
200$20.75$4.2K200May 7, 2024May 9, 2024View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
15,00015,000May 12, 2023May 16, 2023View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
100$32.75$3.3K205.71May 9, 2023May 11, 2023View →
BFS
SAUL CENTERS, INC.
PURCHASE
Senior Vice President & CFO
100$45.25$4.5K100May 20, 2022May 23, 2022View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
15,00015,000May 13, 2022May 17, 2022View →
BFS
SAUL CENTERS, INC.
PURCHASEGRANT
Stock grant
10,000$43.89$438.9K10,000May 7, 2021May 11, 2021View →
Other insiders · BFS
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About this filer
CIK 0001849267
ROLE
Senior Vice President & CFO
PRIMARY
BFS
COMPANIES
1
ACTIVE SINCE
May 2021
MARKETPEEL · /INSIDER/0001849267DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
FREE · DAILY · 6 AM ET

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