Primis Financial (FRST) director adds 155 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Primis Financial Corp. director Garrett F. L. III made an open-market purchase of 155 shares of Common Stock at $15.24 per share. Following this transaction, he directly owns 48,339 shares, including 2,884 shares held in an IRA for his benefit.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 155 shares ($2,362)
Net Buy
1 txn
Insider
GARRETT F L III
Role
null
Bought
155 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 155 | $15.24 | $2K |
Holdings After Transaction:
Common Stock — 48,339 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 155 shares
Purchase price: $15.24 per share
Total shares after transaction: 48,339 shares
+2 more
5 metrics
Shares purchased
155 shares
Open-market buy of Common Stock on 2026-06-09
Purchase price
$15.24 per share
Price paid in open-market transaction
Total shares after transaction
48,339 shares
Director’s direct holdings after purchase
IRA-held shares
2,884 shares
Portion of total held in an IRA for the director
Net buy shares
155 shares
Net change in position per transaction summary
Key Terms
open-market purchase, Common Stock, Form 4, IRA
4 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.
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 transaction did Primis Financial Corp. (FRST) disclose?
Primis Financial Corp. disclosed that director Garrett F. L. III bought 155 Common Stock shares in an open-market transaction at $15.24 per share, modestly increasing his direct ownership stake in the company.
What is Garrett F. L. III’s total Primis Financial (FRST) ownership after the trade?
After the open-market purchase, Garrett F. L. III directly owns 48,339 Primis Financial shares. This total includes 2,884 shares held in an IRA for his benefit, as specifically noted in the filing’s ownership footnote.
Was the Primis Financial (FRST) insider trade a buy or a sell?
The disclosed Primis Financial insider trade was a buy. Director Garrett F. L. III executed an open-market purchase of 155 Common Stock shares, categorized under transaction code “P” for a purchase in the SEC Form 4 report.
Does the Form 4 show any derivative or option activity for Primis Financial (FRST)?
The Form 4 shows no derivative or option activity. All reported activity involves non-derivative Common Stock, and the derivativeSummary section of the filing is empty, indicating there were no option exercises or similar derivative transactions recorded.