[Form 4] Primis Financial Corp. Insider Trading Activity

Rhea-AI Filing Summary

Transaction summary: Garrett F L III, a Director of Primis Financial Corp. (FRST), purchased 1,810 shares on 08/05/2025. The weighted average price paid was $11.02 per share (trade prices ranged from $11.00 to $11.04). Following the reported purchase, Mr. Garrett beneficially owns 42,979 shares as reported, of which 2,884 shares are held in an IRA for his benefit.

Filing details: The Form 4 was signed on 08/06/2025 and filed by one reporting person. No derivative securities were reported in Table II of the filing. Explanatory footnotes specify the weighted average price and the IRA holdings included in total ownership.

Positive

• Director purchase disclosed: Garrett F L III acquired 1,810 shares, aligning insider and shareholder interests as reported on Form 4.
• Clear pricing disclosure: Filing reports a weighted average purchase price of $11.02 with the execution range ($11.00–$11.04) documented in footnotes.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director purchase of 1,810 shares at $11.02 increases reported direct ownership to 42,979 shares; disclosure is routine Section 16 reporting.

The Form 4 documents a purchase (transaction code P) by Garrett F L III on 08/05/2025 at a weighted average price of $11.02 per share, with the filing signed 08/06/2025. The filing shows no derivative transactions. For investors, the item is a clear, documented insider buy but the filing contains no additional financial or operational context to assess material impact.

Corporate Governance Expert

TL;DR: Insider purchase reported and properly disclosed under Section 16; includes IRA-held shares in total beneficial ownership.

The report identifies Mr. Garrett as a Director and indicates the purchase was reported on a single-person Form 4. Footnotes clarify the weighted average execution price and that 2,884 shares are held in an IRA for his benefit. The filing complies with required disclosure elements; it contains no information about derivative positions or amendments.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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^*

GARRETT F L III

(Last) (First) (Middle)

227 CATCHPENNY LANE

(Street)

TAPPAHANNOCK VA 25560

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Primis Financial Corp. [ FRST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/05/2025		P		1,810	A	$11.02(1)	42,979(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Price indicated is the weighted average sales price as a result of a series of transactions ranging in price from $11.00 to $11.04 per share.

2. Total ownership includes 2,884 shares held in an IRA for Mr. Garrett's benefit.

	/s/Fred L Garrett III	08/06/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider activity did Primis Financial (FRST) report?

The Form 4 reports that Director Garrett F L III purchased 1,810 shares on 08/05/2025, disclosed in the filing signed 08/06/2025.

At what price were the FRST shares purchased?

The weighted average price reported was $11.02 per share, with individual trade prices ranging from $11.00 to $11.04.

How many FRST shares does the reporting person own after the transaction?

Following the reported purchase, Mr. Garrett beneficially owns 42,979 shares (direct), which includes 2,884 shares held in an IRA for his benefit.

Was this Form 4 filed by multiple reporting persons?

No. The form indicates it was filed by one reporting person.

Are there any derivative transactions reported for FRST in this filing?

No. Table II for derivative securities contains no reported transactions in this filing.

What is the reporting person’s relationship to Primis Financial?

The reporting person, Garrett F L III, is listed as a Director of Primis Financial Corp. (FRST).