Babbit Joel M. 4

What Happened

• Joel M. Babbit, a member of Primerica's board of directors, was credited with 35.612 shares of phantom stock on 2026-06-12 (transaction code A — award/acquisition). The filing shows an implied price of $278.96 per share for a total value of $9,934. These shares were acquired through automatic reinvestment of dividends under the Non-Employee Directors' Deferred Compensation Plan.

Key Details

• Transaction date: 2026-06-12; Form 4 filed: 2026-06-15 (timely filing).
• Transaction type/code: A (award/acquisition) — dividend reinvestment into phantom stock.
• Shares acquired: 35.612 at $278.96 each; total value reported: $9,934.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnote: The phantom stock represents dividend reinvestments and is convertible into common stock on a one-for-one basis per the Non-Employee Directors' Deferred Compensation Plan.

Context

• This was not an open-market purchase but an automatic dividend reinvestment into phantom stock for a non-employee director; such awards are routine compensation/admin actions and do not necessarily signal a change in insider sentiment. Phantom shares convert to common shares one-for-one under the plan.