Form 3 Filing for Walker Helgi C.

This filing is an initial report of securities ownership on Form 3 for Walker Helgi C., a director at Saul Centers, Inc. (BFS). The report indicates that as of May 8, 2026, Mr. Walker beneficially owns no securities in the company. The filing was made on May 11, 2026, and includes a power of attorney document authorizing Carlos L. Heard to act on Mr. Walker's behalf for SEC filings. This power of attorney remains in effect as long as Mr. Walker is required to file Forms 3, 4, and 5.