STOCK TITAN

Primerica (NYSE: PRI) director granted RSUs tied to 640 common shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Babbit Joel M. reported acquisition or exercise transactions in this Form 4 filing.

Primerica director Joel M. Babbit reported receiving an equity award tied to 640 shares of Primerica common stock, valued at $281.06 per share. The award consists of restricted stock units (RSUs) granted under the company’s 2020 Omnibus Incentive Plan, each representing a contingent right to one share of common stock. After this grant, Babbit holds 9,107.5137 common shares directly. The RSUs vest in four equal 25% installments on August 21, 2026, November 21, 2026, February 21, 2027, and May 19, 2027, meaning shares will be delivered over this schedule as vesting conditions are met.

Positive

  • None.

Negative

  • None.
Insider Babbit Joel M.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 640 $281.06 $180K
Holdings After Transaction: Common Stock — 9,107.514 shares (Direct, null)
Footnotes (1)
  1. Each RSU is granted under the Issuer's 2020 Omnibus Incentive Plan and represents a contingent right to receive one share of PRI common stock. RSUs vest 25% on each of August 21, 2026; November 21, 2026; February 21, 2027; and May 19, 2027.
RSU units granted 640 units Restricted stock units linked to common shares
Grant reference price $281.06 per share Value used for the RSU equity award
Shares held after transaction 9,107.5137 shares Direct common stock ownership following grant
First vesting date August 21, 2026 25% of RSUs vest
Second vesting date November 21, 2026 Additional 25% of RSUs vest
Third vesting date February 21, 2027 Additional 25% of RSUs vest
Final vesting date May 19, 2027 Final 25% of RSUs vest
restricted stock units financial
"Each RSU is granted under the Issuer's 2020 Omnibus Incentive Plan and represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Omnibus Incentive Plan financial
"Each RSU is granted under the Issuer's 2020 Omnibus Incentive Plan and represents a contingent right"
contingent right financial
"represents a contingent right to receive one share of PRI common stock"
vest financial
"RSUs vest 25% on each of August 21, 2026; November 21, 2026; February 21, 2027; and May 19, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026A640(1)(2)A$281.069,107.5137D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Each RSU is granted under the Issuer's 2020 Omnibus Incentive Plan and represents a contingent right to receive one share of PRI common stock.
2. RSUs vest 25% on each of August 21, 2026; November 21, 2026; February 21, 2027; and May 19, 2027.
/s/ Stacey K. Geer, attorney in fact05/21/2026
** Signature of Reporting PersonDate
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 did Primerica (PRI) director Joel M. Babbit report in this Form 4?

Joel M. Babbit reported an equity grant tied to 640 shares of Primerica common stock. The award is in the form of restricted stock units (RSUs) granted under Primerica’s 2020 Omnibus Incentive Plan, representing a contingent right to receive shares over time.

How many Primerica shares are tied to Joel Babbit’s new RSU award?

The new RSU award covers 640 units, each linked to one share of Primerica common stock. These units do not immediately deliver shares; instead, shares are issued as the RSUs vest according to the specified schedule over future dates.

What is the vesting schedule for Joel Babbit’s RSUs from Primerica (PRI)?

The RSUs vest in four equal 25% installments on August 21, 2026, November 21, 2026, February 21, 2027, and May 19, 2027. On each vesting date, a portion of the units converts into shares of Primerica common stock for Babbit.

How many Primerica shares does Joel Babbit hold after this reported transaction?

After the reported RSU-related acquisition, Joel Babbit directly holds 9,107.5137 shares of Primerica common stock. This figure reflects his direct ownership position following the grant and provides context for the relative size of the new equity award.

Under which plan were Joel Babbit’s RSUs granted at Primerica (PRI)?

The RSUs were granted under Primerica’s 2020 Omnibus Incentive Plan. This plan is used by the company to provide equity-based compensation, such as restricted stock units, to directors, executives, and other eligible participants as part of their long-term incentives.

What was the reference price per share for Joel Babbit’s RSU grant at Primerica?

The filing shows a reference price of $281.06 per share for the 640-share RSU grant. This price typically reflects the fair market value of Primerica common stock on the grant date and is used for valuation of the equity award.