Primerica (PRI) president logs equity awards, tax share disposals in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Primerica, Inc. president Peter W. Schneider reported equity compensation activity on March 1, 2026. Restricted stock units and performance stock units vested into common shares, with some shares automatically withheld at a price of $253.66 per share to cover related tax obligations.
He also received a grant of 7,013 shares of common stock as an award and disposed of 3,138 shares to the issuer, while retaining direct ownership of additional Primerica stock after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,880 shares exercised/converted
Mixed
11 txns
Insider
Schneider Peter W.
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 1,575 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,191 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 1,114 | $0.00 | -- |
| Exercise | Common Stock | 1,575 | $253.66 | $400K |
| Tax Withholding | Common Stock | 668 | $253.66 | $169K |
| Exercise | Common Stock | 1,191 | $253.66 | $302K |
| Tax Withholding | Common Stock | 505 | $253.66 | $128K |
| Exercise | Common Stock | 1,114 | $253.66 | $283K |
| Tax Withholding | Common Stock | 472 | $253.66 | $120K |
| Grant/Award | Common Stock | 7,013 | $253.66 | $1.78M |
| Disposition | Common Stock | 3,138 | $253.66 | $796K |
Holdings After Transaction:
Restricted Stock Unit — 9,414 shares (Direct);
Common Stock — 8,876 shares (Direct)
Footnotes (1)
- Represents RSUs vested on March 1, 2026. Represents shares withheld to cover taxes due upon the vesting of RSUs. Represents the payout of shares as a result of the vesting of Performance Stock Units (PSUs). The PSUs had a three year performance period and are settled in shares of PRI common stock. Represents shares withheld to cover taxes due upon the vesting of PSUs. 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 transactions did Primerica (PRI) report for Peter W. Schneider?
Primerica president Peter W. Schneider reported equity compensation activity, including vesting of restricted and performance stock units into common stock, a grant of 7,013 shares, and related share dispositions to cover taxes and settle with the issuer on March 1, 2026.
Were Peter W. Schneider’s Primerica (PRI) Form 4 transactions open-market buys or sells?
The reported transactions were not open-market buys or sells. They reflect derivative exercises, vesting of restricted and performance stock units into Primerica common stock, tax-withholding share dispositions, and a disposition of shares to the issuer, all tied to compensation and award arrangements.
What do the vested RSUs and PSUs mean in Peter W. Schneider’s Primerica (PRI) filing?
The filing notes that restricted stock units and performance stock units vested on March 1, 2026, converting into Primerica common shares. Each RSU equals one share, and the PSUs had a three-year performance period before being settled in shares per the company’s compensation terms.