Primerica (PRI) Director Joel M. Babbit Receives 34.116-Share Award

What Happened Joel M. Babbit, a director of Primerica, received an award of 34.116 shares on 2026-09-14. The reported per-share value was $292.44, for a total reported value of $9,977. The entry is coded as an award/acquisition (A) rather than an open-market purchase or sale.

Key Details

• Date and price: 2026-09-14 — 34.116 shares at $292.44 each (total ~$9,977).
• Shares owned after transaction: Not specified in the provided Form 4.
• Footnote: Dividends on phantom stock were automatically reinvested into additional phantom shares under the Non-Employee Directors' Deferred Compensation Plan; phantom stock is convertible into common stock on a one-for-one basis.
• Timeliness: Filing period and filing date are the same (2026-09-14), indicating a timely report.

Context This was a deferred-compensation award/reinvestment (phantom stock), a routine mechanism for non-employee director compensation — not an open-market buy or sale. Phantom shares mirror common stock value and can convert into common shares per the plan; such awards are typically administrative and do not by themselves indicate the director’s view of the company’s stock.