GARRETT F L III 4
Research Summary
AI-generated summary
Primis Financial (FRST) Director Garrett F. L. III Buys 155 Shares
What Happened
Garrett F. L. III, a director of Primis Financial Corp. (FRST), made an open-market purchase of 155 shares on June 9, 2026. The shares were bought at $15.24 each for a total cost of $2,362. This was a purchase (Form 4 code P), which is typically viewed as a modest bullish signal compared with a sale.
Key Details
- Transaction date: June 9, 2026
- Price per share: $15.24
- Shares acquired: 155; total transaction value: $2,362
- Reported holdings after transaction: 3,039 shares (includes 2,884 shares held in an IRA for Mr. Garrett’s benefit per footnote F1)
- Filing date: June 11, 2026 (reported for the June 9 transaction) — appears to be filed within the normal Form 4 reporting window
- Footnote: F1 — Total ownership reported includes 2,884 shares held in an IRA for Mr. Garrett’s benefit
Context
This was a small open-market buy by a company director, not a large-scale stake or option exercise. Purchases can be more informative than sales because they indicate the insider added personal capital, but the size here is modest. No 10% owner or derivative transaction details are involved.