Primis Financial (FRST) director adds 1,421 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Primis Financial Corp. director Robert Yates Clagett bought 1,421 shares of Common Stock at $14.00 per share in an open-market purchase on May 19, 2026. This transaction increased his directly held stake to 53,665 shares of Primis Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,421 shares ($19,894)
Net Buy
1 txn
Insider
Clagett Robert Yates
Role
null
Bought
1,421 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,421 | $14.00 | $20K |
Holdings After Transaction:
Common Stock — 53,665 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 1,421 shares
Purchase price: $14.00 per share
Shares held after transaction: 53,665 shares
3 metrics
Shares purchased
1,421 shares
Open-market purchase of Common Stock on May 19, 2026
Purchase price
$14.00 per share
Price paid for Primis Financial Corp. Common Stock
Shares held after transaction
53,665 shares
Director’s direct Common Stock holdings following the trade
Key Terms
open-market purchase, Common Stock, transaction code P, non-derivative
4 terms
open-market purchase financial
"transaction_action is listed as "open-market purchase" for the trade"
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 for the transaction is given as "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.
transaction code P financial
"transaction_code is shown as "P" indicating a purchase"
non-derivative financial
"transaction_type is recorded as "non-derivative" for this entry"
FAQ
What insider transaction did FRST director Robert Yates Clagett report?
Director Robert Yates Clagett reported buying 1,421 shares of Primis Financial Corp. Common Stock. The open-market purchase was made at $14.00 per share, increasing his directly held position to 53,665 shares after the transaction.
Was the FRST insider transaction an open-market purchase or another type?
The Form 4 describes the transaction as an open-market purchase of Common Stock. The director bought 1,421 shares at $14.00 per share, classified under transaction code P, which indicates a purchase in the open market or a private transaction.
Does the Form 4 show any stock option exercises for Primis Financial (FRST)?
The Form 4 data reflect only a non-derivative transaction in Common Stock. It shows an open-market purchase of 1,421 shares and no derivative transactions or option exercises in the derivativeSummary for this reporting period.