Primerica (NYSE: PRI) president receives 3,689 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Schneider Peter W. reported acquisition or exercise transactions in this Form 4 filing.
Primerica, Inc. president Peter W. Schneider received a grant of 3,689 restricted stock units (RSUs) tied to the company’s common stock. Each RSU represents a right to receive one PRI share and vests in three equal annual installments beginning March 1 of the year after the grant. Following this award, Schneider directly holds 10,989 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schneider Peter W.
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 3,689 | $257.46 | $950K |
Holdings After Transaction:
Restricted Stock Unit — 10,989 shares (Direct)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of PRI common stock. The RSUs vest annually in three equal installments beginning on March 1st of the year following the grant.
FAQ
What insider transaction did Primerica (PRI) report for Peter W. Schneider?
Primerica reported that president Peter W. Schneider received a grant of 3,689 restricted stock units. These RSUs are a form of equity compensation that convert into Primerica common shares as they vest over time.
How many restricted stock units were granted to Primerica (PRI) president Peter W. Schneider?
Peter W. Schneider was granted 3,689 restricted stock units. Each RSU represents a contingent right to receive one share of Primerica common stock, providing equity-based compensation that aligns his interests with shareholders over multiple years.
What is the vesting schedule for Peter W. Schneider’s new Primerica (PRI) RSUs?
The RSUs vest annually in three equal installments beginning on March 1 of the year following the grant. This three-year vesting schedule encourages longer-term retention and ties compensation to Primerica’s ongoing performance over time.
After this Form 4 transaction, how many RSUs does Peter W. Schneider hold at Primerica (PRI)?
After the reported grant, Peter W. Schneider directly holds 10,989 restricted stock units. This figure reflects his total RSU holdings following the 3,689-unit award disclosed in the transaction, all linked to Primerica common stock.
What does each restricted stock unit (RSU) for Primerica (PRI) represent in this grant?
Each RSU in this grant represents a contingent right to receive one share of Primerica common stock. The actual shares are delivered as the units vest according to the three-year annual vesting schedule starting March 1 after the grant.