Saunders Jason Brock 4
Research Summary
AI-generated summary
Primis Financial (FRST) Director Jason Saunders Buys 500 Shares
What Happened
Jason Brock Saunders, a director of Primis Financial Corp. (FRST), reported buying 500 shares on 2026-06-11 at an average price of $15.20 per share, for a total cost of approximately $7,600. The transaction is coded as a purchase (P), indicating acquisition of company stock rather than a sale or award.
Key Details
- Transaction date: 2026-06-11 (reported on Form 4 filed 2026-06-12).
- Transaction type/code: Open-market or private purchase (P).
- Price: $15.20 per share (footnote F1: price is the average sales price from a series of transactions).
- Shares acquired: 500; total value ≈ $7,600.
- Shares owned after the transaction: Not specified in this Form 4.
- Filing timeliness: Report filed the next day (timely).
Context
Purchases by directors are often watched by investors as a potential positive signal, but filings do not state the insider’s motive. This was a straight purchase (not an option exercise, gift, or award). No indication in this filing of a trading plan (e.g., 10b5-1) or any late filing.