Jendusa Nicholas Adam 4

What Happened
Nicholas Jendusa, Principal Accounting Officer at Primerica (PRI), had restricted stock units (RSUs) vest on March 1, 2026, resulting in the conversion/acquisition of 421 shares valued at $253.66 each (total ≈ $106,791). To cover tax withholding on the vesting, 125 shares were surrendered (withheld) at the same per-share value (total ≈ $31,708). On March 2, 2026 he sold 190 shares in an open-market transaction at $255.51 per share for proceeds of $48,546. The transactions are routine vesting/tax-withholding and a partial sale of shares.

Key Details

• Transaction dates and prices:
  • 2026-03-01: 421 RSUs vested (converted to shares) — 149, 121 and 151-share increments at $253.66/share (total ≈ $106,791).
  • 2026-03-01: 125 shares withheld for taxes (44, 36, 45) at $253.66/share (total ≈ $31,708).
  • 2026-03-02: Open-market sale of 190 shares at $255.51/share (proceeds $48,546).
• “M” entries (exercise/conversion of derivative) reflect RSUs converting into common shares; zero-dollar “disposed” derivative lines reflect the termination/conversion of the RSU units.
• Footnotes:
  • F1: These entries represent RSUs vesting on March 1, 2026.
  • F2: Shares were withheld to cover taxes on vesting.
  • F3: The RSUs vest annually in three equal installments beginning March 1 after grant.
• Shares owned after the transactions are not disclosed in this filing.
• Filing was submitted March 3, 2026 for March 1–2 transactions (filed within the Form 4 reporting window; no late filing indicated).

Context
This filing shows a standard executive equity vesting event (RSUs converting to shares) with required shares withheld for taxes, followed by a partial open-market sale. Vesting + withholding is not a new cash purchase by the insider (it’s compensation settling), and the sale appears to be a disposition of part of the shares received. These actions are routine and do not by themselves indicate the insider’s view on the company’s prospects.