Babbit Joel M. 4

What Happened Joel M. Babbit, a non-employee director of Primerica, reported the acquisition of 36.627 shares on 2026-03-13. The award/acquisition (code A) was recorded at $249.06 per share, for a total value of about $9,122. This was a dividend reinvestment into phantom stock under the Non-Employee Directors' Deferred Compensation Plan, not an open-market purchase.

Key Details

• Transaction date and price: 2026-03-13 at $249.06 per share; total value ≈ $9,122.
• Transaction type: Award/acquisition (code A) via automatic dividend reinvestment of phantom stock.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Dividends paid on phantom stock were automatically reinvested into additional phantom shares; phantom stock is convertible into common stock on a one-for-one basis per the plan.
• Filing: Form 4 filed 2026-03-16 (reporting period 2026-03-13); no late-filing flag noted in the provided details.

Context This report documents routine compensation-related activity (dividend reinvestment into phantom stock) rather than an insider buying or selling shares in the open market. Phantom shares are a deferred-compensation vehicle that can be converted into common stock per plan terms; such awards are common for non-employee directors and do not by themselves indicate a change in insider sentiment.