Primerica (PRI) director Donald R. Williams granted 640 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Williams Donald R. reported acquisition or exercise transactions in this Form 4 filing.
Primerica, Inc. director Donald R. Williams received an equity award of 640 shares of common stock, valued at $281.06 per share, in the form of restricted stock units (RSUs). Each RSU represents a contingent right to one share of PRI common stock and vests in four 25% installments on August 21, 2026, November 21, 2026, February 21, 2027, and May 19, 2027. Following this grant, Williams directly holds 20,963.7967 shares of Primerica common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Williams Donald R.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 640 | $281.06 | $180K |
Holdings After Transaction:
Common Stock — 20,963.797 shares (Direct, null)
Footnotes (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.
Key Figures
RSU grant size: 640 shares
Grant value per share: $281.06 per share
Post-grant holdings: 20,963.7967 shares
+4 more
7 metrics
RSU grant size
640 shares
Restricted stock units awarded to director Donald R. Williams
Grant value per share
$281.06 per share
Valuation used for the RSU award
Post-grant holdings
20,963.7967 shares
Common stock directly held after the RSU 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
Key Terms
restricted stock units, 2020 Omnibus Incentive Plan, contingent right, vest
4 terms
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.
FAQ
What insider transaction did Primerica (PRI) report for Donald R. Williams?
Primerica reported that director Donald R. Williams received a grant of 640 restricted stock units, each representing one share of common stock, under the 2020 Omnibus Incentive Plan as part of his equity compensation.
At what price were the Primerica (PRI) RSUs granted to Donald R. Williams valued?
The 640 restricted stock units granted to Donald R. Williams were valued at $281.06 per share, providing a structured equity incentive aligned with Primerica’s share price at the time of the award.
How do the new RSUs affect Donald R. Williams’ Primerica (PRI) holdings?
After the RSU grant, Donald R. Williams directly holds 20,963.7967 shares of Primerica common stock. The RSUs will convert into additional shares over time as vesting conditions are satisfied.
What is the vesting schedule for Donald R. Williams’ Primerica (PRI) RSU award?
The 640 RSUs vest 25% on each of August 21, 2026, November 21, 2026, February 21, 2027, and May 19, 2027, creating a four-part vesting schedule that encourages ongoing service and alignment with shareholders.
Under which plan were Donald R. Williams’ Primerica (PRI) RSUs granted?
The RSUs granted to Donald R. Williams were issued under Primerica’s 2020 Omnibus Incentive Plan, which governs equity-based awards such as restricted stock units for directors, executives, and other eligible participants.