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.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 34.1162 | $292.44 | $10K |
Footnotes (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.
Key Figures
Key Terms
phantom stock financial
Non-Employee Directors' Deferred Compensation Plan financial
convertible into common stock on a one-for-one basis financial
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?
At what price were the new phantom stock units for PRI credited to Joel M. Babbit?
How many Primerica (PRI) phantom stock units does Joel M. Babbit hold after this transaction?
What is phantom stock in the context of Primerica (PRI) and Joel M. Babbit’s holdings?
Was Joel M. Babbit’s PRI Form 4 transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.