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Primerica director gets 34 dividend stock units

A Primerica non-employee director received additional phantom stock units via automatic dividend reinvestment under a deferred compensation plan.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Primerica, Inc. (PRI) reported that director Joel M. Babbit acquired an additional 34.1162 shares equivalent of common stock on September 14, 2026 through a grant under a compensation plan. The transaction reflects dividends on phantom stock automatically reinvested into additional phantom stock units at $292.44 per share equivalent.

Following this award, Babbit’s directly held phantom stock balance, which is convertible into common stock on a one-for-one basis under the Non-Employee Directors' Deferred Compensation Plan, increased to 9,177.2415 shares equivalent. No Rule 10b5-1 trading plan is reported in connection with this acquisition.

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Insider Babbit Joel M.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 34.1162 $292.44 $10K
Holdings After Transaction: Common Stock — 9,177.2415 shares (Direct)
Footnotes (1)
  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.
Phantom stock units acquired 34.1162 shares Grant/award acquisition on September 14, 2026 via dividend reinvestment
Price per share equivalent $292.44 Value used to reinvest dividends into phantom stock units
Total phantom stock units after transaction 9,177.2415 shares Director Joel M. Babbit’s direct holdings after the grant
phantom stock financial
"Represents dividends paid on phantom stock that were reinvested automatically"
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
Non-Employee Directors' Deferred Compensation Plan financial
"in accordance with the terms of the Non-Employee Directors' Deferred Compensation Plan"
convertible into common stock on a one-for-one basis financial
"Phantom stock is convertible into common stock on a one-for-one basis"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Primerica (PRI) director Joel M. Babbit report on this Form 4?

He reported an acquisition of 34.1162 phantom stock units, equivalent to common shares, on September 14, 2026. The units were received as a grant reflecting dividends reinvested under Primerica’s Non-Employee Directors' Deferred Compensation Plan.

At what price were the new phantom stock units for PRI credited to Joel M. Babbit?

The additional phantom stock units were credited at $292.44 per share equivalent. This price was used to reinvest dividends paid on existing phantom stock into additional phantom stock units under the plan.

How many Primerica (PRI) phantom stock units does Joel M. Babbit hold after this transaction?

After the September 14, 2026 transaction, Joel M. Babbit holds 9,177.2415 phantom stock units, each convertible into one share of Primerica common stock in accordance with the Non-Employee Directors' Deferred Compensation Plan.

What is phantom stock in the context of Primerica (PRI) and Joel M. Babbit’s holdings?

Phantom stock represents a deferred compensation unit that tracks the value of Primerica common stock and is convertible into common stock on a one-for-one basis under the Non-Employee Directors' Deferred Compensation Plan.

Was Joel M. Babbit’s PRI Form 4 transaction made under a Rule 10b5-1 trading plan?

No. The filing indicates no Rule 10b5-1 trading plan for this transaction. The acquisition stems from automatic dividend reinvestment into phantom stock units under the deferred compensation plan.

Did Joel M. Babbit buy or sell any Primerica (PRI) shares on the open market in this Form 4?

No open-market buys or sells are reported. The Form 4 shows a grant/award acquisition of phantom stock units due to dividends reinvested automatically under the Non-Employee Directors' Deferred Compensation Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
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)
09/14/2026
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 Stock09/14/2026A34.1162(1)A$292.449,177.2415D
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. 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.
/s/ Stacey K. Geer, attorney in fact09/14/2026
** 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)

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