DAY CYNTHIA N 4
Research Summary
AI-generated summary
Primerica (PRI) Director Cynthia N. Day Receives RSU Award
What Happened
Cynthia N. Day, a director of Primerica, Inc. (PRI), was granted 640 restricted stock units (RSUs) on 2026-05-21. The grant is valued at $281.06 per share, for a total grant value of approximately $179,878. This was an award/grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-05-21 at $281.06 per RSU.
- Shares granted: 640 RSUs; total reported value $179,878.
- Shares owned after transaction: not specified in the provided filing.
- Filing date/Timeliness: Form 4 filed with period/report date 2026-05-21 (no late filing indicated).
- Footnotes:
- Each RSU represents a contingent right to receive one share of PRI common stock (2020 Omnibus Incentive Plan).
- Vesting schedule: 25% vests on each of Aug 21, 2026; Nov 21, 2026; Feb 21, 2027; and May 19, 2027.
Context
RSU grants are a common form of compensation for directors and typically vest over time; they convert into actual shares only as they vest. Because this transaction is an award (not a purchase or sale), it should be viewed as compensation rather than a direct trading signal.