4Filed Sep 9, 8:00 PM ET

Primis Financial (FRST) Director Eric Johnson Buys 1,565 Shares

$FRST · Primis Financial Corp.

Research Summary

AI-generated summary of this SEC filing

Updated

Primis Financial (FRST) Director Eric Johnson Buys 1,565 Shares

What Happened

  • Eric Alan Johnson, a director of Primis Financial Corp. (FRST), made an open-market purchase of 1,565 shares on 2026-09-09 at $15.95 per share, for a total cost of $24,962. This was a straight purchase (transaction code P), which is generally considered more informative than routine sales.

Key Details

  • Transaction date and price: 2026-09-09 — 1,565 shares at $15.95 each.
  • Total value: $24,962 (approx).
  • Filing: Form 4 filed 2026-09-10 (one day after the trade) — appears to be timely.
  • Holdings note: The filing states that 9,622 shares are held in an IRA for Mr. Johnson’s benefit and are included in his reported holdings.
  • No 10b5-1 plan, option exercise, gift, or tax-withholding noted in this transaction.

Context

  • Purchases by insiders can be interpreted as a positive signal since they involve putting personal capital to work, but they don’t prove future performance. This was a routine open-market buy by a director; no additional context (e.g., immediate resale, option exercise, or a planned-trading arrangement) was disclosed.