Director Jason Brock Saunders buys Primis Financial (FRST) stock in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Primis Financial Corp. director Jason Brock Saunders reported an open-market purchase of 500 shares of Common Stock. The shares were acquired at an average price of $15.20 per share. Following this transaction, Saunders directly holds 500 Common Stock shares, and no derivative securities are listed in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares ($7,600)
Net Buy
1 txn
Insider
Saunders Jason Brock
Role
null
Bought
500 shs ($8K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $15.20 | $8K |
Holdings After Transaction:
Common Stock — 500 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 500 shares
Purchase price: $15.20 per share
Shares held after: 500 shares
+1 more
4 metrics
Shares purchased
500 shares
Open-market purchase of Common Stock
Purchase price
$15.20 per share
Reported transaction price for Common Stock
Shares held after
500 shares
Total Common Stock directly owned after transaction
Net buy shares
500 shares
Net buy-sell shares from transactionSummary
Key Terms
open-market purchase, Common Stock, transaction code P
3 terms
open-market purchase financial
"transaction_action is described as an 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 is listed as Common Stock in the transaction"
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.
transaction code P financial
"transaction_code P indicates a purchase in open market"
FAQ
What insider transaction did Primis Financial Corp. (FRST) report on this Form 4?
Primis Financial Corp. reported that director Jason Brock Saunders made an open-market purchase of 500 Common Stock shares. The filing shows this was a single non-derivative transaction categorized with transaction code P, indicating an open-market or private purchase.
What are Jason Brock Saunders’ Primis Financial (FRST) holdings after this Form 4 transaction?
After the reported transaction, Jason Brock Saunders directly holds 500 shares of Primis Financial Common Stock. The Form 4 lists this figure as the total shares following the transaction and does not show any remaining derivative securities positions.
Was the Primis Financial (FRST) Form 4 transaction a buy or a sell?
The Form 4 shows a buy transaction. It is coded P, with the normalized fields describing it as an open-market purchase and indicating a transaction_direction of buy, making this a net-buy insider trade in Primis Financial shares.
Does the Primis Financial (FRST) Form 4 include any derivative or option exercises?
This Form 4 does not report any derivative or option exercises. The transaction is classified as non-derivative Common Stock only, and the derivativeSummary section is empty, indicating no options, warrants, or other derivative securities are included here.