# EDGAR Filing Document

**Accession Number:** 0000318673
**File Stem:** 0001096906-25-002191
**Filing Date:** 2025-12
**Character Count:** 11728
**Document Hash:** 1282e1489790c597ea60f87b9d3de76c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001096906-25-002191.hdr.sgml**: 20251231

**ACCESSION NUMBER**: 0001096906-25-002191

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251205

**FILED AS OF DATE**: 20251231

**DATE AS OF CHANGE**: 20251231

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Overbaugh Jason G.
- **CENTRAL INDEX KEY:** 0001588310

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-09341
- **FILM NUMBER:** 251618235

**MAIL ADDRESS:**
- **STREET 1:** 13471 SOUTH TUSCALEE WAY
- **CITY:** DRAPER
- **STATE:** UT
- **ZIP:** 84020
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SECURITY NATIONAL FINANCIAL CORP
- **CENTRAL INDEX KEY:** 0000318673
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 870345941
- **STATE OF INCORPORATION:** UT
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** PO BOX 57220
- **CITY:** SALT LAKE CITY
- **STATE:** UT
- **ZIP:** 84157
- **BUSINESS PHONE:** 8012641060

**MAIL ADDRESS:**
- **STREET 1:** PO BOX 57220
- **CITY:** SALT LAKE CITY
- **STATE:** UT
- **ZIP:** 84157

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SNL FINANCIAL CORP
- **DATE OF NAME CHANGE:** 19910401

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Overbaugh Jason G.<br><sub>(Last) (First) (Middle)</sub><br>13471 SOUTH TUSCALEE WAY<br><sub>(Street)</sub><br>DRAPER, UT 84020<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-12-05 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [X] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_VP & Nat Mark Dir of Life Ins_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>SECURITY NATIONAL FINANCIAL CORP [ snfca ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2025-12-30 |  | G |  | 4500 | D | $9.21 | 88789<sup>(1)(2)(3)</sup> | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Employee Stock Option (right to buy) | 3.76<sup>(4)</sup> | 2019-12-06 |  | A |  | 41208 |  | 2020-03-06 | 2029-12-06 | Class C Common Stock | 41208 | $3.76 | 41208 | D |  |
| Employee Stock Option (right to buy) | 2.84<sup>(5)</sup> | 2020-03-27 |  | A |  | 39246 |  | 2020-06-27 | 2030-03-27 | Class C Common Stock | 39246 | $2.84 | 80454 | D |  |
| Employee Stock Option (right to buy) | 7.02<sup>(6)</sup> | 2021-12-03 |  | A |  | 36465 |  | 2022-03-03 | 2031-12-03 | Class C Common Stock | 36465 | $7.02 | 116919 | D |  |
| Employee Stock Option (right to buy) | 5.56<sup>(7)</sup> | 2022-12-02 |  | A |  | 40517 |  | 2023-03-02 | 2032-12-02 | Class C Common Stock | 40517 | $5.56 | 157436 | D |  |
| Employee Stock Option (right to buy) | 7.21<sup>(8)</sup> | 2023-12-01 |  | A |  | 44100 |  | 2024-03-01 | 2033-12-01 | Class C Common Stock | 44100 | $7.21 | 201536 | D |  |
| Employee Stock Option (right to buy) | 13.67<sup>(9)</sup> | 2024-12-06 |  | A |  | 7298 |  | 2025-03-06 | 2029-12-06 | Class C Common Stock | 7298 | $13.67 | 208834 | D |  |
| Employee Stock Option (right to buy) | 12.43<sup>(10)</sup> | 2024-12-06 |  | A |  | 34703 |  | 2025-03-06 | 2034-12-06 | Class C Common Stock | 34703 | $12.43 | 243537 | D |  |
| Employee Stock Option (right to buy) | 9.38<sup>(11)</sup> | 2025-12-05 |  | A |  | 10657 |  | 2026-03-05 | 2030-12-05 | Class C Common Stock | 10657 | $9.38 | 254194 | D |  |
| Employee Stock Option (right to buy) | 8.53<sup>(12)</sup> | 2025-12-05 |  | A |  | 44343 |  | 2026-03-05 | 2035-12-05 | Class C Common Stock | 44343 | $8.53 | 298537 | D |  |

---

### Footnotes:

(1) Does not include 112,260 shares of Class A Common Stock owned indirectly by the reporting person in the 401(k) Retirement Savings Plan.

(2) Does not include 30,146 shares of Class A Common Stock owned indirectly by the reporting person in the Deferred Compensation Plan.

(3) Includes 43,288 shares of Class A Common Stock and 45,501 shares of Class C Common Stock.

(4) This option was granted on December 6, 2019 as an option to purchase either 30,000 shares of Class A Common Stock or 30,000 shares of Class C Common Stock at an exercise price of $5.46 per share. This option reflects the reporting person's election to have an option for 30,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on February 7, 2020; a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.

(5) This option was granted on March 27, 2020 as an option to purchase either 30,000 shares of Class A Common Stock or 30,000 shares of Class C Common Stock at an exercise price of $3.76 per share. This option reflects the reporting person's election to have an option for 30,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 2.5% stock dividend paid on July 17, 2020; a 5% stock dividend paid on July 16, 2021, July 8, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.

(6) This option was granted on December 3, 2021 as an option to purchase either 30,000 shares of Class A Common Stock or 30,000 shares of Class C Common Stock at an exercise price of $8.62 per share. This option reflects the reporting person's election to have an option for 30,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 8, 2022, July 14, 2023, July 12, 2024 and July 18, 2025.

(7) This option was granted on December 2, 2022 as an option for either 35,000 shares of Class A Common Stock or 35,000 shares of Class C Common Stock at an exercise price of $6.48 per share. This option reflects the reporting person's election to have an option for 35,000 shares of Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2013 Stock Option Plan to reflect a 5% stock dividend paid on July 14, 2023, July 12, 2024 and July 18, 2025.

(8) This option was granted on December 1, 2023 as an option for either 40,000 shares of Class A Common Stock or 40,000 shares of Class C Common Stock at an exercise price of $7.99 per share. This option reflects the reporting person's election to have an option for 40,000 Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 12, 2024 and July 18, 2025.

(9) This option was granted on December 6, 2024 as an option for either 6,950 shares of Class A Common Stock or 6,950 shares of Class C Common Stock at an exercise price of $14.39 per share. This option reflects the reporting person's election to have an option for 6,950 Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 18, 2025.

(10) This option was granted on December 6, 2024 as an option for either 33,050 shares of Class A Common Stock or 33,050 shares of Class C Common Stock at an exercise price of $13.08 per share. This option reflects the reporting person's election to have an option for 33,050 Class C Common Stock, but adjusted pursuant to the anti-dilution rights of the 2022 Equity Incentive Plan to reflect a 5% stock dividend paid on July 18, 2025.

(11) This option was granted on December 5, 2025 as an option for either 10,657 shares of Class A Common Stock or 10,657 shares of Class C Common Stock at an exercise price of $9.38 per share. This option reflects the reporting person's election to have an option for 10,657 Class C Common Stock. These options vest quarterly in equal installments, beginning on March 5, 2026.

(12) This option was granted on December 5, 2025 as an option for either 44,343 shares of Class A Common Stock or 44,343 shares of Class C Common Stock at an exercise price of $8.53 per share. This option reflects the reporting person's election to have an option for 44,343 Class C Common Stock. These options vest quarterly in equal installments, beginning on March 5, 2026.

**Signature:** /s/ Jason G. Overbaugh  
**Date:** 2025-12-31

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**