Primerica director receives small share award
Primerica director Gary L. Crittenden reported a small equity-based award tied to his board compensation.
Rhea-AI Filing Summary
Primerica director Gary L. Crittenden reported a small equity-based award tied to his board compensation. On the reported date, he acquired 99.777 shares at $249.06 per share through dividends on phantom stock that were automatically reinvested under the Non-Employee Directors' Deferred Compensation Plan.
After this transaction, his directly held balance in this account rose to 20,808.478 shares. The phantom stock units are convertible into common stock on a one-for-one basis according to the plan’s terms, making this a routine, compensation-related increase rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 99.777 | $249.06 | $25K |
Footnotes (1)
- F1. 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.
FAQ
What insider transaction did Primerica (PRI) report for Gary L. Crittenden?
Was the Primerica (PRI) Form 4 transaction a market buy or a compensation award?
What is phantom stock in the context of Primerica (PRI) director compensation?
Does the Primerica (PRI) Form 4 indicate any insider selling activity?
AI-generated analysis. How Rhea-AI works. Not financial advice.