Primerica (PRI) director reports phantom stock from dividend reinvestment
Rhea-AI Filing Summary
Primerica reported an insider transaction by a director involving phantom stock under the Non-Employee Directors' Deferred Compensation Plan. On 12/15/2025, the director acquired 45.385 additional shares of phantom stock at $258.08 per share, representing dividends that were automatically reinvested. After this transaction, the director beneficially owns 11,307.7937 shares of phantom stock, which are convertible into common stock on a one-for-one basis under the plan.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Primerica (PRI) report in this Form 4?
A Primerica director reported acquiring 45.385 additional shares of phantom stock on 12/15/2025 at a price of $258.08 per share.
How were the additional Primerica (PRI) phantom stock shares obtained?
The 45.385 phantom stock shares represent dividends paid on existing phantom stock that were automatically reinvested in additional phantom stock under the Non-Employee Directors' Deferred Compensation Plan.
What is the director's total phantom stock holding in Primerica (PRI) after the transaction?
Following the reported transaction, the director beneficially owns 11,307.7937 shares of phantom stock tied to Primerica common stock.
How is Primerica (PRI) phantom stock related to common stock?
According to the plan terms, phantom stock is convertible into common stock on a one-for-one basis.
Was this Primerica (PRI) insider transaction an open-market purchase?
No. The filing states that the reported amount represents dividends on phantom stock that were automatically reinvested in additional phantom stock under the deferred compensation plan.
What role does the reporting person have at Primerica (PRI)?
The reporting person is identified as a Director of Primerica, based on the relationship box checked in the filing.