PRI Insider RSU Sale: 2,500 Shares via Morgan Stanley ($645,675)
Rhea-AI Filing Summary
Primerica, Inc. (PRI) filed a Form 144 notifying a proposed sale of 2,500 shares of common stock through Morgan Stanley Smith Barney on the NYSE with an indicated aggregate market value of $645,675.00. The shares were acquired as Restricted Stock Units on 03/01/2025 and the filing lists an approximate sale date of 08/12/2025. The filing also discloses a prior 10b5-1 sale of 2,500 shares on 06/13/2025 generating gross proceeds of $647,591.25. Outstanding shares are shown as 32,391,333, making the proposed block a very small percentage of the company.
Positive
- Acquisition type disclosed: Shares were acquired as Restricted Stock Units, indicating compensation-originated holdings rather than undisclosed purchases.
- Brokered sale on major exchange: Proposed execution through Morgan Stanley Smith Barney on the NYSE, suggesting orderly market handling.
- Small relative size: 2,500 shares represent approximately 0.0077% of the reported 32,391,333 outstanding shares, indicating immaterial market impact.
Negative
- None.
Insights
TL;DR: Small insider disposition via RSU sale; immaterial to capitalization and unlikely to affect market direction.
The notice reports a proposed sale of 2,500 common shares acquired as restricted stock units, to be executed through Morgan Stanley Smith Barney on the NYSE. Given the issuer's stated outstanding share count of 32,391,333, the block represents roughly 0.0077% of outstanding stock, which is immaterial to market supply. The filing also discloses a recent 10b5-1 sale of the same size that produced roughly $647.6K, suggesting routine monetization under a trading plan rather than an unscheduled large disposition.
TL;DR: Transaction appears to be routine insider compensation realization with appropriate broker execution and 10b5-1 disclosure.
The securities were acquired as RSUs and the filer has represented compliance with Rule 10b5-1 procedures, with brokerage execution via Morgan Stanley Smith Barney. The filing includes the required representation about absence of undisclosed material information. From a governance perspective, this is a standard compliance disclosure for insider sales tied to compensation and trading plans, not indicative of governance red flags.