Primerica director receives 640-share RSU award
Babbit Joel M. reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 640 | $281.06 | $180K |
Footnotes (2)
- F1. 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.
- F2. RSUs vest 25% on each of August 21, 2026; November 21, 2026; February 21, 2027; and May 19, 2027.
Key Figures
Key Terms
restricted stock units financial
2020 Omnibus Incentive Plan financial
contingent right financial
vest financial
FAQ
What did Primerica (PRI) director Joel M. Babbit report in this Form 4?
What is the vesting schedule for Joel Babbit’s RSUs from Primerica (PRI)?
Under which plan were Joel Babbit’s RSUs granted at Primerica (PRI)?
AI-generated analysis. How Rhea-AI works. Not financial advice.