Yastine Barbara A. 4
Research Summary
AI-generated summary
Primerica (PRI) Director Barbara Yastine Receives Award
What Happened
Barbara A. Yastine, a member of Primerica's board of directors, was credited with 58.305 shares via an award/acquisition on 2026-06-12. The per-share amount reported is $278.96, for a total value of approximately $16,265. This transaction represents dividends on phantom stock that were automatically reinvested as additional phantom shares under the Non-Employee Directors' Deferred Compensation Plan.
Key Details
- Transaction date: 2026-06-12; Filing date (Form 4): 2026-06-15 (appears timely).
- Transaction type/code: Award/Grant (A) — dividend reinvestment into phantom stock.
- Shares acquired: 58.305 at $278.96 each; total value ≈ $16,265.
- Shares owned after transaction: not specified in the filing.
- Footnote: Dividends on phantom stock were automatically reinvested; phantom stock converts to common stock on a one-for-one basis per plan terms.
- No indication of a 10b5‑1 plan, sale, or cashless exercise in this filing.
Context
This is a routine non-cash director compensation event (dividend reinvestment into phantom stock) rather than an open-market purchase or sale. Phantom shares under the directors' deferred compensation plan are convertible into common stock 1:1, but this entry reflects reinvested dividends rather than a cash outlay or stock sale. Such awards are common for non-employee directors and do not by themselves indicate the director buying or selling common stock in the market.