Primerica (NYSE: PRI) director adds 35.6116 phantom shares via dividend reinvestment

Rhea-AI Filing Summary

Primerica director Joel M. Babbit reported a compensation-related acquisition of phantom stock tied to company dividends. On 2026-06-12, he received 35.6116 phantom shares valued at $278.96 per share, representing dividends automatically reinvested under the Non-Employee Directors' Deferred Compensation Plan. This increased his phantom stock balance to 9,143.1253 units, each convertible into common stock on a one-for-one basis under the plan’s terms. The filing reflects routine non-cash director compensation rather than an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Babbit Joel M.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	35.612	$278.96	$10K

Holdings After Transaction: Common Stock — 9,143.125 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Phantom shares acquired: 35.6116 shares Reference price per share: $278.96 per share Total phantom shares after transaction: 9,143.1253 shares

3 metrics

Phantom shares acquired 35.6116 shares Dividend reinvestment on 2026-06-12 under directors' deferred plan

Reference price per share $278.96 per share Value used for phantom stock credited on 2026-06-12

Total phantom shares after transaction 9,143.1253 shares Director Joel M. Babbit’s phantom stock balance following the award

Key Terms

phantom stock, Non-Employee Directors' Deferred Compensation Plan, convertible into common stock

3 terms

phantom stock financial

"Represents dividends paid on phantom stock that were reinvested automatically in additional shares of phantom stock"

A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.

Non-Employee Directors' Deferred Compensation Plan financial

"in accordance with the terms of the Non-Employee Directors' Deferred Compensation Plan"

convertible into common stock financial

"Phantom stock is convertible into common stock on a one-for-one basis"

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Babbit Joel M.

(Last) (First) (Middle)

1 PRIMERICA PARKWAY

(Street)

DULUTH GEORGIA 30099

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Primerica, Inc. [ PRI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/12/2026		A		35.6116(1)	A	$278.96	9,143.1253	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents dividends paid on phantom stock that were reinvested automatically in additional shares of phantom stock in accordance with the terms of the Non-Employee Directors' Deferred Compensation Plan. Phantom stock is convertible into common stock on a one-for-one basis in accordance with the terms of such plan.

	/s/ Stacey K. Geer, attorney in fact	06/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Primerica (PRI) report for director Joel M. Babbit?

Primerica reported that director Joel M. Babbit received 35.6116 phantom shares on June 12, 2026. These were issued as dividends automatically reinvested under the Non-Employee Directors' Deferred Compensation Plan, increasing his phantom stock balance rather than reflecting a market trade.

Was the Primerica (PRI) Form 4 transaction a stock purchase or sale?

The Form 4 transaction was not an open-market purchase or sale of Primerica stock. It was an acquisition of phantom stock units credited as reinvested dividends under a deferred compensation plan, a routine, non-cash element of director compensation.

How many Primerica phantom shares does Joel M. Babbit hold after this Form 4?

After the June 12, 2026 transaction, Joel M. Babbit holds 9,143.1253 phantom stock units. These units accumulate through the Non-Employee Directors' Deferred Compensation Plan and are convertible into Primerica common stock on a one-for-one basis under plan terms.

What price was used to value the phantom stock in the Primerica (PRI) Form 4?

The 35.6116 phantom stock units were valued at a reference price of $278.96 per share. This figure reflects the price applied for crediting the dividend-equivalent phantom shares under the Non-Employee Directors' Deferred Compensation Plan, not a cash market transaction.

What is phantom stock in the context of Primerica’s Non-Employee Directors' plan?

Phantom stock represents notional units that track Primerica’s common stock value and dividends. Under the Non-Employee Directors' Deferred Compensation Plan, dividends are reinvested into additional phantom units, which are later convertible into common shares on a one-for-one basis according to plan terms.