SECURITY NATIONAL FINANCIAL CORP 10-K

Item 5. Market for the Registrant’s Common Stock, Related Stockholder Matters, and Issuer Purchases of Equity Securities The Company’s Class A Common Stock trades on The Nasdaq Global Select Market under the symbol “SNFCA.” As of March 12, 2026, the closing stock price of the Class A Common Stock was $8.67 per share. As of March 12, 2026, there were 1,521 registered stockholders of record of the Company’s Class A Common Stock and 43 registered stockholders of record of the Company’s Class C Common Stock. Because many of the Company’s shares of Class A Common Stock are held by brokers and other institutions on behalf of the stockholders, the Company is unable to estimate the total number of stockholders represented by these record holders. The following were the high and low market closing stock prices for the Class A Common Stock by quarter as reported by NASDAQ since January 1, 2024: Price Range (1) High Low Period (Calendar Year) 2024 First Quarter $ 8.20 $ 6.91 Second Quarter $ 7.62 $ 5.90 Third Quarter $ 8.76 $ 7.10 Fourth Quarter $ 12.78 $ 8.69 2025 First Quarter $ 12.82 $ 10.77 Second Quarter $ 10.81 $ 8.53 Third Quarter $ 9.91 $ 8.35 Fourth Quarter $ 9.44 $ 7.76 2026 First Quarter (through March 12, 2026) $ 9.36 $ 8.53 (1) Stock prices have been adjusted retroactively for the effect of annual stock dividends. The Class C Common Stock is not registered or traded on a national exchange. See Note 18 of the Notes to Consolidated Financial Statements. The Company has never paid a cash dividend on its Class A or Class C Common Stock. The Company currently anticipates that all its earnings will be retained for use in the operation and expansion of its business and does not intend to pay any cash dividends on its Class A or Class C Common Stock in the foreseeable future. Any future determination as to cash dividends will depend upon the earnings and financial position of the Company and such other factors as its Board of Directors may deem appropriate. The Company paid a 5% stock dividend on Class A and Class C Common Stock each year from 1990 through 2019, a 7.5% stock dividend for the year 2020, and a 5.0% stock dividend for the years 2021 through 2025. 16 The Company did not have any share repurchases during the three-month period ended December 31, 2025. The Company did not have a 10b5-1 share repurchase plan in effect during the three-month period ended December 31, 2025. 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 may commence on March 16, 2026. The agreement is subject to the daily time, price, and volume conditions of Rule 10b-18. The agreement expires on December 31, 2026. Period (a) Total Number of Class A Shares Purchased (b) Average Price Paid per Class A Share (c) Total Number of Class A Shares Purchased as Part of Publicly Announced Plan or Program (d) Maximum Number of Class A Shares that May Yet Be Purchased Under the Plan or Program 10/1/2025-10/31/2025 - $ - - 94,565 11/1/2025-11/30/2025 - - - 94,565 12/1/2025-12/31/2025 - - - 94,565 Total - $ - - 94,565 See Note 21 to Notes to the Consolidated Financial Statements for information about the Company’s equity compensation plans approved by security holders. 17 The graph below compares the cumulative total stockholder return of the Company’s Class A Common Stock with the cumulative total return on the Standard & Poor’s 500 Stock Index and the Standard & Poor’s Insurance Index for the period from December 31, 2021 through December 31, 2025. The graph assumes that the value of the investment in the Company’s Class A Common Stock and in each of the indexes was $100 as of December 31, 2021 and that all dividends were reinvested. The comparisons in the graph below are based on historical data and are not intended to forecast the possible future performance of the Company’s Class A Common Stock. 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 SNFC 100 83 108 151 119 S & P 500 100 81 100 123 144 S & P Insurance 100 108 116 145 148 The stock performance graph set forth above is required by the Securities and Exchange Commission and shall not be deemed to be incorporated by reference by any general statement incorporating by reference this Form 10-K into any filing under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, except to the extent that the Company specifically incorporates this information by reference, and shall not otherwise be deemed soliciting material or filed under such acts. Item 6. [Reserved] As a smaller reporting company, the Company is not required to provide information typically disclosed under this item. 18