Primis Financial (NASDAQ: FRST) director discloses 324 common shares on Form 3
Rhea-AI Filing Summary
Primis Financial Corp. director Margaret M. Weichert filed an initial Form 3 reporting her holdings in the company. The filing shows she directly owns 324 shares of Primis Financial Corp. common stock, providing a baseline of her equity position as an insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weichert Margaret M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 324 shares (Direct)
Key Figures
Common stock held: 324 shares
1 metrics
Common stock held
324 shares
Total shares beneficially owned following reported holding
Key Terms
Form 3, Common Stock, beneficially owned
3 terms
Form 3 regulatory
"INSIDER FILING DATA (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
beneficially owned financial
""total_shares_following_transaction": "324.0000""
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Margaret M. Weichert’s Form 3 filing for FRST show?
The Form 3 filing shows Margaret M. Weichert directly holds 324 shares of Primis Financial Corp. common stock. This initial statement establishes her disclosed equity position as a director and serves as a starting point for future ownership updates.
Is Margaret Weichert’s Form 3 for FRST a buy or sell transaction?
The Form 3 does not report a buy or sell transaction; it reports a holding. It lists 324 shares of common stock as directly owned, functioning as an initial disclosure of beneficial ownership rather than documenting a new market trade.
What type of security does Margaret Weichert report holding in FRST?
She reports holding Primis Financial Corp. common stock. The filing identifies the security as “Common Stock” and shows 324 shares directly owned, with no derivative securities or option positions disclosed in this Form 3 submission.