Primis Financial Corp. (FRST) EVP makes open-market share purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Primis Financial Corp. executive Anurag Sharma, EVP and Chief Information Officer, bought 694.203 shares of common stock in an open-market purchase at $14.40 per share. Following this transaction, he directly holds 694.203 shares, indicating a relatively small personal stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 694.203 shares ($9,997)
Net Buy
1 txn
Insider
Sharma Anurag
Role
EVP, Chief Information Officer
Bought
694.203 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 694.203 | $14.40 | $10K |
Holdings After Transaction:
Common Stock — 694.203 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 694.203 shares
Purchase price: $14.40 per share
Shares owned after: 694.203 shares
3 metrics
Shares purchased
694.203 shares
Open-market purchase of common stock
Purchase price
$14.40 per share
Price paid in the reported transaction
Shares owned after
694.203 shares
Direct holdings following the transaction
Key Terms
open-market purchase, Common Stock, Form 4
3 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.
FAQ
What insider transaction did Primis Financial Corp. (FRST) report for Anurag Sharma?
Primis Financial Corp. reported that EVP and Chief Information Officer Anurag Sharma made an open-market purchase of 694.203 common shares at $14.40 per share. This filing shows a small personal investment by a senior technology executive.
Was the Primis Financial Corp. (FRST) insider transaction a buy or a sell?
The transaction was a buy. Anurag Sharma executed an open-market purchase of Primis Financial Corp. common stock, coded as “P” on Form 4, which denotes a purchase in an open market or private transaction under SEC rules.
Does the Primis Financial Corp. (FRST) Form 4 show any derivative securities for Anurag Sharma?
The Form 4 does not show any derivative securities for Anurag Sharma. The filing lists only a non-derivative transaction in common stock and indicates no remaining derivative positions in the derivative summary section.