Primis Financial Corp. (FRST) director adds 1,394 shares in open-market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Primis Financial Corp. director Garrett F. L. III reported a series of small open-market purchases of the company’s common stock. Between May 22 and May 29, 2026, he bought a total of 1,394 shares at prices around the mid‑$14 range.
Following these transactions, he directly owned 46,634 shares of common stock. A footnote states that his total ownership also includes 2,884 shares held in an IRA for his benefit, indicating these purchases modestly increased an already established position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,394 shares ($20,157)
Net Buy
5 txns
Insider
GARRETT F L III
Role
null
Bought
1,394 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 250 | $14.40 | $4K |
| Purchase | Common Stock | 250 | $14.50 | $4K |
| Purchase | Common Stock | 250 | $14.51 | $4K |
| Purchase | Common Stock | 354 | $14.49 | $5K |
| Purchase | Common Stock | 290 | $14.395 | $4K |
Holdings After Transaction:
Common Stock — 46,634 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Total shares bought: 1,394 shares
Shares bought on May 29, 2026: 250 shares at $14.4000
Shares bought on May 28, 2026: 250 shares at $14.5000
+5 more
8 metrics
Total shares bought
1,394 shares
Open-market purchases between May 22–29, 2026
Shares bought on May 29, 2026
250 shares at $14.4000
Common stock open-market purchase
Shares bought on May 28, 2026
250 shares at $14.5000
Common stock open-market purchase
Shares bought on May 27, 2026
250 shares at $14.5100
Common stock open-market purchase
Shares bought on May 26, 2026
354 shares at $14.4900
Common stock open-market purchase
Shares bought on May 22, 2026
290 shares at $14.3950
Common stock open-market purchase
Direct holdings after trades
46,634 shares
Common stock directly owned following May 29, 2026 purchase
IRA holdings
2,884 shares
Shares held in an IRA for the director’s benefit
Key Terms
open-market purchase, Common Stock, Form 4, transaction code "P", +1 more
5 terms
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "P" regulatory
"transaction_code: "P" indicating a purchase"
IRA financial
"includes 2,884 shares held in an IRA for Mr. Garrett's benefit"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
What insider activity did Primis Financial Corp. (FRST) report?
Primis Financial Corp. reported that director Garrett F. L. III made several open-market purchases of common stock. Across five trades in late May 2026, he acquired 1,394 shares, modestly increasing his direct ownership position in the company.
Over what dates did the Primis Financial (FRST) insider purchases occur?
The reported insider purchases occurred on May 22, 26, 27, 28, and 29, 2026. Each date reflected a separate open-market transaction in Primis Financial common stock, together totaling 1,394 shares acquired by the director.
Were the Primis Financial (FRST) insider trades open-market purchases or another type?
All reported transactions were coded as open-market purchases of common stock. The Form 4 characterizes them as purchases in the open market or private transactions, rather than option exercises, gifts, or tax-withholding related share movements.