Primis Financial (FRST) Director Eric Johnson Buys 1,280 Shares

What Happened

• Eric Alan Johnson, a director of Primis Financial Corp. (FRST), made an open-market purchase of 1,280 shares on 2026-09-01 at $15.60 per share, costing $19,968 total. This was a straight purchase (transaction code P), which investors often view as a more informative signal than routine sales, though motives are not disclosed.

Key Details

• Transaction date and price: 2026-09-01 — 1,280 shares at $15.60 each.
• Total value: $19,968.
• Shares owned after transaction: 10,902 shares (1,280 purchased + 9,622 held in an IRA for his benefit as noted in the filing).
• Footnote F1: Filing states 9,622 shares are held in an IRA for Mr. Johnson's benefit.
• Filing date/timeliness: Form 4 was filed 2026-09-03 (two days after the trade), which appears to be within the SEC’s 2-business-day reporting window.

Context

• This was a direct open-market purchase (not an option exercise, award, or gift). Purchases by insiders are factual data points some investors use to gauge insider sentiment, but they do not prove future performance or reveal the insider’s motive.