COOK WILLIAM RAND 4
Research Summary
AI-generated summary
Primis Financial (FRST) Director William Rand Cook Buys 1,410 Shares
What Happened
- William Rand Cook, a director of Primis Financial Corp. (FRST), purchased 1,410 shares on Feb 5, 2026 at $14.26 per share, for a total transaction value of $20,113. This was a purchase (code P) executed in the reporting person's IRA, and is generally viewed as a buy rather than a disposition.
Key Details
- Transaction date & price: 2026-02-05 — 1,410 shares @ $14.26 (total $20,113).
- Filing: Form 4 filed 2026-02-06 covering the 2026-02-05 transaction (timely filing).
- Shares owned after transaction (reported breakdown): approximately 44,432.77 total beneficial shares (includes 29,395.036724 held jointly with spouse; 10,797 held in an IRA; 4,240.728297 held individually). Totals include fractional Dividend Reinvestment Plan (DRIP) shares acquired in 2025.
- Footnotes: F1 — shares purchased were placed in the reporting person's IRA. F2–F4 — breakdown of holdings by joint, IRA, and individual accounts. F5 — total includes additional dividend reinvestment shares from 2025.
Context
- This was a modest open-market purchase (~$20k) rather than a sale or option exercise. Purchases by insiders can be of interest to retail investors as a signal of confidence, but this single, relatively small IRA purchase should be viewed in context with other insider activity and company fundamentals.