Schneider Peter W. 4
Research Summary
AI-generated summary
Primerica President Peter Schneider Receives RSU Award (~$950K)
What Happened
Peter W. Schneider, President of Primerica, received a grant of 3,689 restricted stock units (RSUs) on Feb 20, 2026. The award is reported at $257.46 per share, with a total reported value of approximately $949,770. This filing reflects an award/grant (derivative security), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-20; Form 4 filed: 2026-02-23 (filed within the standard reporting window).
- Award: 3,689 RSUs; per-share report value $257.46; total reported value ~$949,770.
- Security type: RSUs (derivative award). Footnote F1: each RSU represents a contingent right to one share of PRI common stock.
- Vesting (Footnote F2): RSUs vest annually in three equal installments beginning on March 1 of the year following the grant.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding sale, or late-filing flags were indicated in the provided details.
Context
RSUs are a form of compensation that convert into actual shares upon vesting and can be forfeited if vesting conditions aren’t met. Because this is a compensation grant (not a purchase or sale), it’s primarily an executive-pay event rather than a direct trading signal.