Cottle Amber Lynne 4
Research Summary
AI-generated summary
Primerica (PRI) Director Amber Cottle Receives 14.565-Share Award
What Happened
- Amber Lynne Cottle, a non-employee director of Primerica, received an award of 14.565 shares (transaction code A) on 2026-03-13. The reporting price per share was $249.06, for a total reported value of approximately $3,628. This award represents phantom stock issued under the Non-Employee Directors' Deferred Compensation Plan, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-13; Filing date: 2026-03-16.
- Shares acquired: 14.565 phantom shares at $249.06 per share; total value ≈ $3,628.
- Shares owned after transaction: Not specified in the information provided in this summary (not disclosed in the excerpt).
- Footnote: Dividends on phantom stock were automatically reinvested into additional phantom shares per the deferred compensation plan; phantom stock converts to common stock on a one-for-one basis under plan terms.
- No explicit late-filing flag provided in the supplied data.
Context
- Phantom stock awards are a form of deferred director compensation; they do not involve an immediate cash purchase by the director and are typically routine. Because phantom shares convert 1:1 to common stock under the plan, the award increases potential future equity exposure but should be viewed as compensation, not necessarily a signal of the director's market view.